Monday, June 3, 2013

for e-invoice 'last bend' warning - Radical

Finance Minister Mehmet Simsek, the electronic billing system (e-invoicing) the applicant for the transition period will end on 1 September 2013, recalling firms warned. Increasing compliance of tax laws and the informal economy in order to prevent taxpayers, some of the companies in accordance with the arrangements made last year by the Ministry of Finance in 2013 and brought to an e-bill for the application deadline for the transition obligation was set at 1 September 2013.
According to the regulation in question, mineral fat with those who have a license cost the taxpayers of them in the calendar year 2011 as at 31 December 2011, as well as those with a minimum of 25 million pounds, the gross sales of the Special Consumption Tax Law of the attached “list III of” manufactured goods, building or importing them with the 2011 calendar As of December 31, 2011 cost the taxpayers in the gross sales revenue to those with at least 10 million pounds were oblige d to be involved in the implementation of electronic invoicing.

savings with e-bill

e-bill savings are very high for both the buyer and the seller sign provides the opportunity for the Lightning, “e-billing, edit, invoice paper by 57 percent compared to the seller to the buyer saves more than 62 percent. Moreover, they are made for businesses, e-invoicing of expenses pays off for 6 months to 1.5 years and a total of 2 percent of their turnover bulunuyorlar savings, “he said.
E-billing system for the first time in 2010 the Ministry of Finance implements until December of 2012, the elective rights of companies to use the system reminded that Simsek, “Some of the companies required to pass a certain transition period was followed by an e-invoice. regulation of e-invoices are still paper invoices are issued should be, regulated by counting the bills related to the criminal provisions of the Law on Tax Procedure to be applied to non-residents, “he said.

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