Turkey
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Subscribe now!Fiscal Law timeline
The introduction of the Fiscal Law in 2016 added further complexity to the tax system in Turkey, and individuals and businesses must take extra care to ensure they are in compliance with all relevant regulations. Despite the challenges, it is important to follow these requirements closely in order to avoid any legal or financial repercussions. Furthermore, the introduction of software fiscalization in 2020 adds a new layer to the fiscalization system.
Turkey
Turkey has operated as a fiscal country since 1985 and has a long history of placing a strong emphasis on taxes as a source of government revenue. One of the key ways in which the country regulates its tax system is through the mandatory use of payment recording devices. Turkey was one of the pioneers in this regard, and the obligation to use these devices was introduced as early as July 1st, 1985. This requirement was a significant step in the regulation of the tax system in Turkey and helped to ensure that individuals and businesses were paying the correct amount of taxes. The use of payment recording devices remains an important aspect of the fiscal system in Turkey and is essential for ensuring compliance with tax regulations.
Type of fiscalization: Hardware(Software)
Latest news for Turkey
See moreTurkey Updated the e-Invoice Package
Turkey
Author: Ivana Picajkić
The Turkish Revenue Administration (TRA) has updated the e-Invoice Package, introducing new document types, revised technical specifications, and enhanced integration guidelines. These changes, effective from February 17, 2025, aim to improve compliance, streamline tax processes, and promote electronic documentation. Read more
The Turkish Revenue Administration (TRA) has updated the e-Invoice Package, introducing new document... Read more
Reminder: Turkey Expanded the List of Goods Subject to the 10% VAT Rate
Turkey
Author: Ivana Picajkić
As of November 14, 2024, Turkey expanded the list of goods subject to the 10% VAT rate, including foods for special medicinal purposes, active substances in medicinal products, and raw materials for active substance production. This adjustment, implemented under Decision Number 9126, aligns with Turkey's VAT Law No. 3065 and aims to support public health initiatives while refining tax classificati... Read more
As of November 14, 2024, Turkey expanded the list of goods subject to the 10% VAT rate, including fo... Read more
E-invoicing in Turkey
Turkey
Author: Ivana Picajkić
Turkey’s e-Invoicing system, mandated by the Revenue Administration, facilitates digital invoice exchanges for improved efficiency, compliance, and transaction transparency. It encompasses Business-to-Business (B2B), Business-to-Government (B2G), and Business-to-Consumer (B2C) invoicing, with mandatory participation for businesses exceeding turnover thresholds or operating in regulated sectors. Read more
Turkey’s e-Invoicing system, mandated by the Revenue Administration, facilitates digital invoice exc... Read more
Turkey Implements Increased Tax Penalties Starting January 1, 2025
Turkey
Author: Ivana Picajkić
Turkey has increased tax penalties starting January 1, 2025, as outlined in General Communiqué No. 577, with rates adjusted to a revaluation rate of 43.93% for the 2024 tax year. Key changes include higher fines for irregularities, escalating penalties for repeated non-compliance with invoice and delivery note requirements, and additional fines for withholding requested information. Read more
Turkey has increased tax penalties starting January 1, 2025, as outlined in General Communiqué No. 5... Read more
Turkey Adjusts Special Consumption Tax Rates on Fuels and Chemicals Effective Immediately
Turkey
Author: Ivana Picajkić
Turkey has implemented immediate adjustments to Special Consumption Tax (SCT) rates on fuels and chemicals, including natural gas, propane, and aviation fuel, as published in Decision No. 9380 on December 31, 2024. The changes, effective on the day of publication, may increase operational costs for businesses and prices for consumers. Read more
Turkey has implemented immediate adjustments to Special Consumption Tax (SCT) rates on fuels and che... Read more
Turkey Implements New Special Consumption Tax Rates for Alcoholic Beverages and Hookah Tobacco
Turkey
Author: Ivana Picajkić
On December 24, 2024, Turkey's Official Gazette published Decision No. 9309, which establishes new minimum fixed special consumption tax amounts for alcoholic beverages and hookah tobacco, effective immediately. This decision reflects the Turkish government's ongoing strategy to regulate alcohol consumption through taxation, having previously increased special consumption taxes by 1,543% over the past 13 years. Read more
On December 24, 2024, Turkey's Official Gazette published Decision No. 9309, which establishes new m... Read more
Latest document for Turkey
See moreRecorded webinar: E-invoicing for Global Retailers
If you are struggling with complex e-invoicing implementations across multiple countries, and if you are concerned about mounting costs, potential delays, or compliance risks, our webinar will help you to learn how global retailers can streamline e-invoicing efficiently! With countries worldwide mandating e-invoicing, international retailers face unique challenges adapting to new regulations acros... Read more
If you are struggling with complex e-invoicing implementations across multiple countries, and if you... Read more
Overview of fiscalization in European countries
This document contains an overview of the presence of fiscalization and its types in all European countries. Read more
This document contains an overview of the presence of fiscalization and its types in all European co... Read more
Digital Product Passport
Do you even know what DPP is? Digital Product Passports (DPP) are set to play a crucial role in the European Union’s commitment to a circular economy. The purpose of this document is to provide you with a necessary overview of the upcoming Digital Product Passport requirements set to be implemented by the European Union. Read more
Do you even know what DPP is? Digital Product Passports (DPP) are set to play a crucial role in th... Read more
Recorded webinar: It’s time to grow together
In this discussion, we have introduced our new partner program and what is essential for international growth, while dealing with topics such as - Success factors for POS applications - What does globalization mean? - How to grow globally? Furthermore, we presented benefits for our partners. Last but not least, we presented our fiscal cloud architecture and its important features. Read more
In this discussion, we have introduced our new partner program and what is essential for internation... Read more
Legal Q&A – Turkey
Turkey
Author: Kristina Dosen
Q&A is a crucial document containing answers to common questions when it comes to fiscalization. Its content spares you the precious time you would invest in researching this specific field. This document, prepared by our experienced fiscal experts, unveils answers to questions such as: What is the type of fiscalization in the country? When did it start, and what was the timeline? What does the history of changes look like? What is the law? Which are the other regulations? Where does fiscal law need to be implemented? These examples concern only some general questions, but there are also chapters describing journals, communication with authorities, taxes, VAT, etc., and therefore questions and answers concerning these topics. Read more
Q&A is a crucial document containing answers to common questions when it comes to fiscalization. Its... Read more
The VAT Rule on Vouchers No. 48
Turkey
Author: Kristina Dosen
The VAT rule on vouchers clarifies the VAT application on the sales and use of vouchers and gift cards in Turkey. Read more
The VAT rule on vouchers clarifies the VAT application on the sales and use of vouchers and gift car... Read more