Turkey  postpones  submission deadlines of e-ledgers due to COVID-19

Selin Adler Ring
April 3, 2020

On March 26, 2020, TRA published an announcement that postpones the deadlines for submitting e-Ledgers and e-Ledger summary reports ( berats). While the impact of COVID-19 takes hold around the world, we’ve been watching the different governments adapt to accommodate changes to support businesses and their economies.  It is now Turkey’s turn.  

The  General Communique No. 518 published on March 24 envisages that certain taxpayers, namely income taxpayers and corporate income taxpayers operating in certain sectors that are affected most, are in force majeure status between April 1, 2020, and June 30, 2020.  those taxpayers to submit their e-Ledgers and berats in July 2020. 

In short, where a taxpayer is obliged to pay income tax should, and should have submitted their e-Ledgers and berats for the December 2019 period by March 31, 2020, the new submission date is now April 2020. 

The new submission dates are as follows; 

  • for ledgers that belong to corporate taxpayers’ December 2019 period, the submission deadline is now July 2020
  • for ledgers that belong to January 2020 period, the submission deadline is now July 2020
  • for ledgers that belong to the February 2020 period, the submission deadline is July 2020
  • for ledgers that belong to March 2020 period, the submission deadline is July 2020

In addition to that, last week, there were other extensions on deadlines for tax declaration processes for different taxpayer groups Please visit TRA website for more information.

It is worth noting that at the time of going to press, the TRA has not made any amends to the go-live date for the new e-delivery note mandate for 1 July 2020. 

A live Global regulatory feed tracking all tax authorities changes from COVID-19 can be found here.

Please contact us for more information on how we can help.  

 

Sign up for Email Updates

Stay up to date with the latest tax and compliance updates that may impact your business.

Author

Selin Adler Ring

Selin is Regulatory Counsel at Sovos. Based in Stockholm and originally from Turkey, Selin’s background is in corporate and commercial law, and currently specializes in global e-invoicing compliance. Selin earned a Law degree in her home country and has a master’s degree in Law and Economics. She speaks Russian, Arabic, English and Turkish.
Share This Post
Share on facebook
Share on twitter
Share on linkedin
Share on email

Tax Information Reporting
April 15, 2021
Managing Form 1099-NEC Reporting After Publication 1220

Form 1099-NEC changes in 2020 Since the IRS released Publication 1220, announcing that Form 1099-NEC—for nonemployee compensation—would not be included in the Combined Federal/State Filing (CF/SF) program starting tax year 2020, 37 states have implemented direct state reporting requirements for new Form 1099-NEC.  Though there are 32 states that participate in the CF/SF program, the […]

North America Unclaimed Property
April 15, 2021
Delaware Unclaimed Property VDA Notices

Delaware VDA Responses Due Monday, April 19, 2021 If you received one of the recent unclaimed property DE VDA invitations sent February 19, 2021 your response is due Monday, April 19, 2021. Holders that received an invitation and do not respond by April 19th will be referred to State Escheator for audit examination. Double check […]

North America Unclaimed Property
April 14, 2021
When Are Unclaimed Property Reports Due and Other FAQs

When are unclaimed property reports due? This is a fairly common question asked by holders that are new to the escheat reporting process, or not as well versed in the intricacies of escheatment reporting. Fortunately, Sovos has provided answers to some of the most frequently asked escheat reporting questions to help your organization survive unclaimed […]

North America Unclaimed Property
April 14, 2021
Unclaimed Property Landscape for the Life Insurance Industry

Most unclaimed property professionals are familiar with the story of Verus Analytics, LLC’s (“Verus”)[1] appearance on the contract audit “field of play” some ten years ago, as it cut a swath across the life insurance industry with audits focused on the industry’s failure to report and remit unclaimed life insurance proceeds based on the insurers […]

Brazil E-Invoicing Compliance Tax Compliance
April 13, 2021
E-invoice Data Reveals the Impact of COVID-19 on Brazil’s Economy

Increased visibility into, and control over, taxpayer financial and trade data is the key benefit highlighted by governments that have introduced continuous transaction controls (CTC) regimes. Its importance cannot be overstated. Transactional data cleared by or exchanged through a tax administration authorised platform becomes the new source of truth for tax authorities to assess the […]