What used to be billing and archiving matters only concerning finance departments are now affecting operational and IT departments as well, due to the e-Invoice
E-invoicing: An Overview Turkey was an early adopter of electronic invoicing when considering the global landscape of tax digitization. As part of its larger e-Transformation
The Turkish Revenue Administration (TRA) has recently issued new technical guidelines and updated e-invoicing technical packages in response to the revised e-invoicing rules targeting Charging
The Turkish Revenue Authority (TRA) issued a circular on November 29, 2023, announcing that the deadline for the creation and signing of e-ledgers and submission
The Turkish Revenue Administration continues to make arrangements in line with different sectoral needs. A significant update in this regard is the issuance of General
7/7/2023 Pursuant to Presidential Decree No. 7346, published in the Official Gazette on July 7, 2023, the standard VAT rate in Türkiye will increase from
The Turkish Revenue Authority (TRA) has recently announced that it will be mandatory to use the QR code on several electronic documents as of 1
The Turkish Revenue Authority updated the e-Fatura package in line with the amendments made to Value Added Tax General Application Communique. According to the changes,
Towards the end of 2021, the tax authority in Turkey published a draft communique that expands the scope of e-documents in Turkey. After minor revisions,
Towards the end of last year, the tax authority in Turkey published a draft communique that expands the scope of e-documents in Turkey. After minor
Welcome to the 13th edition of Sovos’ annual Trends report where we put a spotlight on current and near-term legal requirements across regions and VAT compliance domains.
TRA published an announcement which provides updates on the UBL-TR Guide and E-Fatura package on 25 November 2021. According to the announcement; A new code
The Turkish Revenue Administration (TRA) published a Draft Communique that includes significant changes to the Tax Procedure Law General Communique No. 509, which initially aimed
The Turkish Revenue Administration (TRA) published a Draft Communique that includes significant changes to the Tax Procedure Law General Communique No. 509, which initially aimed
The Turkish Revenue Administration (TRA) published a technical guideline about the e-foreign exchange receipt. The e-Foreign exchange receipt is the electronic version of foreign exchange
Updated January 5, 2022: Sovos has completed the acquisition of Istanbul-based Digital Planet. When Sovos acquired Istanbul-based Foriba two years ago, we saw it as
In the “Statement on a Two-Pillar Solution to Address the Tax Challenges Arising From the Digitalization of the Economy” issued on 1 July 2021, members
Turkey’s e-transformation journey, which started in 2010, became more systematic in 2012. This process first launched with the introduction of e-ledgers on 1 Jan 2012