Communiqué on Amendments to the General Communiqué of the Tax Procedure Law (No: 594)

Article 1: The fifth paragraph of Article 5 of the General Communiqué of the Tax Procedure Law (No: 531), published in the Official Gazette dated 2/9/2021 and numbered 31586, has been amended as follows.

(5) The guarantee to be provided under the scope of subparagraph (b) of the second paragraph shall be given by taxpayers entitled to benefit from the tax reduction application without meeting the conditions specified in the repeated Article 121 of Law No. 193, in the income or corporate tax return for the previous year that must be submitted in the year in which the guarantee is to be provided, at a rate of one-fifth.

b) For taxpayers for whom a tax audit report has been prepared regarding the issuance or use of false or misleading documents; it shall be provided at five times the amount during the period between the date the tax audit reports are recorded in the tax office records and the date of finalization of the matters included in these reports.

It is requested that the guarantees be completed within 30 days by a letter to be notified to the taxpayers after the date the reports are recorded in the tax office records.

Article 2: This Communiqué shall enter into force on the date of publication.

Article 3: The Minister of Treasury and Finance shall execute the provisions of this Communiqué.