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Chinese space craft lands on far side of the moon!

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China made history as it landed its space craft Chang-4 on the far side of the moon. Chang-4 landed on Von Karman, a lunar impact...

Vat percentage of a material is reduced to 8% from 18%

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Our company produces kitchen cabinets. In the progress payment/agreement made before VAT discount, the parties agreed on 18% VAT. Do I have to draw...

Communiqué on Default Interest Ratio Determination of Late Payments Made to...

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In accordance with paragraph  seven of article 1530 of Turkish Commercial Code numbered 6102 and dated 13.01.2011, the interest ratio is determined as  21,25...

How should I register the scrapping bonus on the invoice of...

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My taxpayer bought a new passanger car. They drew out an invoice by counting the VAT and Special Consumption Tax (SCT). However, ‘’…your junk...

Is the VAT rate of a guitar course 8%?

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There is a taxpayer who sells guitars online and gives guitar education in his music school. What is the VAT rate he is going...

Are people who are over 45 years of age included when...

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…Since January 2019, our employees will consist of 5 people and one of them is over 45. According to legislation, companies that has 5...

When determining the profit of the company, is it possible to...

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When determining the profit of the company, is it possible to make a deduction on donations and grants made to the association?   On condition that...

Can we declare the sales tax base of transit trade on...

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For transit trade; 1-We do not include the transit trade on the VAT declaration. But do we include it in the cumulative amount? 2-We do not...

Can we cancel the statement of employment of an employee who...

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We declared on the SSI statement of workplace on the new file that we would employ workers. However, our employee didn’t show up to...

How to Calculate The Costs of Stock Certificates Obtained Through Capital...

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Cost Value of Stock Certificates Obtained Through Capital Increase In the case where the companies increase the capital with capital reserves, the cost value...