Tax legislation in our country changes frequently. The wide variety and detail of the legislation, along with regulations open to interpretation, makes the tax compliance process difficult. This may lead to unforeseen tax risks and exposure to penalties. In addition, not being able to benefit from exemptions and advantages may also result in missed incentive and discount opportunities.
Technology Development Zones, R&D and Design Centers
We provide audit and consultancy on the implementation of tax and SSI incentives provided under Laws No. 4691 and 5746. By evaluating our clients’ situations, we determine under which law the maximum benefit can be achieved, and we also support the design of a dedicated chart of accounts and accounting setup for the implementation. Additionally, we provide audit services within the scope of the annual Sworn-in CPA (YMM) audit obligation for managing companies.
Tax Refund Certification & Consultancy Services
Increasing tax burdens have an important place in companies’ financing structures. With our expert team, we provide efficient and fast audit, consultancy, and certification services in VAT, SCT, Corporate/Income Tax, and other tax refund processes.
VAT Refund Certification & Consultancy
In cases of transactions fully exempt under the VAT Law and other situations that give rise to the right to a refund, refund processes are carried out with a YMM report. We meticulously manage the preparation of refund lists, uploading them in the Revenue Administration (GİB) format, handling control reports, and preparing YMM reports.
- Managing taxpayer–tax office relations during the VAT refund process
- Preparing and uploading lists such as Deductible VAT, Incurred VAT, Sales Invoices, Customs Declarations (GÇB), refund calculation, etc., and uploading them to the system
- Reviewing VAT Refund Control Reports and preparing correction letters
- Preparing the required YMM reports for cash/refund offset in a timely manner
- Determining the refund amount through sub-vendor / counterparty / analytical reviews
- Preparing special purpose reports and submitting them to the tax office
- Preparing deferment–cancellation/refund reports within the scope of Inward Processing Permit Certificate
- Consultancy on objection/appeal/lawsuit in special assessment procedures
SCT Refund Certification & Consultancy
With our team specialized in the annexed lists of the SCT Law, transactions are reviewed; full compliance with legislation and proper tax structuring are targeted. In SCT refund processes for SCT paid in export transactions, audit and certification support is provided.
- Calculation and control of deferment–cancellation (Tecil–Terkin) and SCT refund amounts
- Preparing the SCT Deferment–Cancellation certification report and submitting it to the tax office
- Request/commitment letter compliance checks (relevant lists)
- Evaluating sales transactions in terms of SCT
- Preparing deficiency correspondences and submitting them to the administration
- Auditing SCT returns
- Sectoral SCT consultancy (tobacco, alcoholic beverages, white goods, automotive, oil/gas, etc.)
- Determining the compliance of exemption and deferment–cancellation–refund practices with legislation
Income & Corporate Tax Refund Certification & Consultancy
Taxes paid through withholding and provisional taxes are offset in the annual return. The portion that cannot be offset may be refunded in cash or through offset. For our taxpayers who sign a full certification agreement in due time, we provide audit, consultancy, and certification support in refund processes in accordance with legislation.
Other Taxes (Special Communication Tax, EU Financial Assistance and Others)
We also provide audit, consultancy, and certification services in refund processes for Special Communication Tax, taxes within the scope of European Union Financial Assistance, and other tax refunds.
Tax Audit & Comprehensive Review Services
Accounting records, financial statements, and tax processes are reviewed for compliance with legislation to identify tax risks and strengthen compliance. Findings are reported throughout the process, improvement recommendations are provided, and support is offered in relevant institutional processes when needed.
- Comprehensive review, analysis, and reporting on general or specific tax matters
- Identifying and managing VAT and indirect tax risks
- Tax compliance audit and process improvement consultancy
- Tax consultancy in mergers and acquisitions processes
- Consultancy and support in settlement/objection and tax dispute processes
