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Can the expenses of the vehicle not registered in the company asset be booked? (In Turkey)

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Can the expenses of the vehicle not registered in the company asset be booked? (In Turkey)

Can the expenses of the company passenger car not registered in company assets and VAT of these expenses be deducted?

The expenses of the vehicle not registered in company assets cannot be booked. The VAT cannot be deducted as well.


Source: İSMMMO
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.


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