The deadline for applications is September 2 'electronic invoice' about anything - T24

Revenue Administration requirement to use e-bill was brought in Monday announced that the deadline for September 2, 2013. Announced the “… up to apply to the implementation of e-invoicing and e-billing system effectively until the end of 2013 must begin to use the (…) In other words, on Monday, September 2, 2013 is the last day to apply the e-invoice , the actual date of the end of the transition to e-invoicing 31.12.2013 species. “ release, many people head ” to switch to the application deadline for the beginning of September? “ as a response to questions. Article a short while ago we shared with you on this subject can be found below.

What

electronic billing?

the deadline for taxpayers who Coverage

is September 2, electronic invoicing (e-invoicing) is actually not an entirely new document. E-invoices, electronically generated, it expresses the invoice sent and stored electronically. Let’s open a little more, e-bill, the Tax Procedure Law (TPL) contains all the elements to be included in the invoice according to this aspect of the law-as a “paper” bill and the seller and the buyer the difference between the non-transmission of an electronic central structure was carried out means the document. Wherein said central body / platform in the Presidency of Revenue Administration (IOP) is expressed.

e-billing, constantly on the agenda in recent years despite the fact that not a very new concept. Communiqué on Tax Procedure Law numbered 397 on the subject with which we can first edit the e-billing practice in Turkey has since 2010. IOP e-billing system, other applications to follow internationally, manages and conducts.

The benefits of e-invoice

…

e-bill spread and forced to make a very important step for Turkey. Would have serious effects on the informal economy, especially the alleged e-invoice would be able to tell you many other benefits. With e-billing;

• First and foremost, archiving costs, paper, mail and so on. Expenses will be reduced to a large extent.

Digital archive of all records and invoices with

• holding documents sought as soon as possible and will be always at hand.
• accounting procedures will be simplified.
• for invoicing takes place in a shorter time “payment” process will be shortened.

Taxpayers will

• standardization and reporting of data easier.

tax compliance easier for international investors.

possible to extend the list.

Are You

context?

At first, our system have

benefit from e-invoicing is possible only legal persons, with Communiqué on Tax Procedure Law numbered 416 “real people” who make use of the e-invoice has arrived. One of the most important steps for e-invoice with Communiqué on Tax Procedure Law numbered 421 in the cast. With this Communiqué;

• under the Petroleum Market Law No. 5015 “mineral oil license” as of 31/12/2011 fields with those that have cost them at least £ 25 million in 2011, with a turnover of gross ones,
• Special Consumption Tax Law, 4760 (III) attached, which numbered in the list of goods “soft drinks, tobacco products and alcoholic beverages” manufactured, built or imported goods with those of these areas in 2011, at least as of 12/31/2011 those with a gross turnover of £ 10 million,

IOP apply until 2 September 2013 until 31 December 2013 and was made compulsory to pass the e-billing.

be noted, forced to go through an e-invoice to non-systemic infrastructure necessary condition to obtain permission to establish and IOP-e-invoice be able to make the transition.

for the transition to e-billing girmeyece?imiz

details here are 3 methods:

With E-Billing Portal

2. or through integration with IOP

IOP

3. special “integration” through integrators with permission.

currently one of the most important points for e-billing, e-invoicing mandatory cessation of all invoices to be cut to those who do need to cut the e-invoice. So cut them a portion of the bills of “paper” that is not possible otherwise regulated in this paper are deemed to invoices. Is worth mentioning that the e-invoice, do not obey the requirements related to the criminal provisions of the Tax Procedures Code may face.

September 2 big day …

As mentioned above

IOP taxpayers into coverage in accordance with the final release date for September 2 e-billing application. This history is of great importance not to be missed.

reduction of the informal economy and the acceleration of international economic integration

in particular e-invoice seems to be a big impact, but not the obligation, covered the costs of the transition to the system has serious concerns about the height and calendar congestion. A transition process that addresses these concerns with the implementation of e-invoicing in Turkey seems to be a positive effect on many economic and financial parameters.

Twitter: @ AKIN_EMRAH

E-mail: eakin@KPMG.com

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