The period for receiving payments via IBAN is ending

The Ministry of Financeis preparing to take a new series of measures in order to reduce unregistered transactions in the economy and prevent tax evasion. Especially in recent times, the increasing number of sellers POS device These measures, which focus on people preferring to receive direct payments via their IBAN number instead of using the IBAN number, aim to prevent tax loss. Although the main reason why sellers prefer this method is to avoid bank commissions, these transactions generally remain unregistered, resulting in tax losses for the state.

The Ministry of Finance‘s steps in this regard are especially aimed at minimizing VAT, income and corporate tax losses. Measures to be taken include identifying bank accounts that constantly receive payments from different people and examining these accounts. Detected situations will result in penalties being imposed on account holders, if necessary.

The period for sellers to receive payments via IBAN from their customers is coming to an end!

The work to be carried out by the Tax Inspection Board Presidency includes accelerating analyzes especially for those who observe inconsistency between their earnings and expenses. These analyses, tax
It will enable the individuals or businesses who kidnap to be identified more effectively.

This new regulation is both tax justice It is considered as an important step to ensure financial security and reduce unregistered transactions in the economy. With this method, the Ministry of Finance aims to expand the tax base and increase the functionality of a fair tax system. In addition, with such measures, increasing the tax compliance rates of citizens and businesses and tax The aim is to protect their income. In this way, it is expected to prevent the unregistered economy and achieve a healthier financial structure.