Fiscal holiday will start on 2 July, Tuesday and will be ending on 20 July Saturday evening in 2019.
Tax returns with submission deadline corresponding to fiscal holiday could be presented until the end of the 7th day following the last day of fiscal holiday (29 July 2019 since 27 July corresponds to the weekend).
Legal and administrative terms ending within 5 days following the last day of fiscal holiday are considered as expiring at the end of the fifth day following the last day of fiscal holiday. Accordingly, legal and administrative terms ending within 5 days following the last day of fiscal holiday are extended to 25 July 2019 Thursday as well.
Submission dates of VAT, stamp tax and withholding tax returns have been changed through the Tax Procedures Law circular no.115 published on 29 March 2019. Accordingly, fiscal holiday does not impose any changes for the relevant tax returns (VAT, stamp tax and withholding tax returns) with submission dates not corresponding to the fiscal holiday or the 5 days following the last day of fiscal holiday. Those tax returns should be submitted until the end of 26 July 2019 Friday.
Payment term for taxes disclosed on returns of which their submission deadlines are extended due to the fiscal holiday (provided that they remain within the same month) is considered as extended to the end of the day following the last day of the extended deadline for tax return submission. However, within the context of our explanations provided above, fiscal holiday does not impose any changes on the payment terms of the taxes calculated over VAT, stamp tax and withholding tax returns. Accordingly, taxes on the relevant tax returns should be paid until the end of 26 July 2019 Friday.
On additional, direct or administrative assessments; payment terms of taxes, duties and fees whose maturity is within the fiscal holiday and related tax penalties and delay interests are also extended to the evening of the seventh day following the last day of the fiscal holiday (to 29 July 2019 since 27 July corresponds to the weekend).
If the litigation period is within the fiscal holiday, then this period will not be running during the fiscal holiday.
Ba and Bs forms for June/2019 period should be submitted until 24:00 in the evening of 31 July 2019 Wednesday through approval on the system.
Fiscal holiday does not cover special consumption tax (SCT), banking and insurance transactions tax (BSMV), special communication tax (ÖİV) and lottery games tax (ŞOV), the taxes and funds imposed and collected by customs administrations, provincial administrations and municipalities.
The submission and payment periods for the notifications on Resource Utilization Support Fund (KKDF) deductions are not included within the scope of fiscal holiday.
Our explanations provided above include general information on the issue. No responsibility can be claimed against EY and/or Kuzey YMM ve Bağımsız Denetim A.Ş. due to the implications arising from the context of this document or emerging with respect to its context.
This website uses cookies in order to ensure functionality and develop your online experience. You consent to using of cookies as included under EY Cookie Policy and Clarification Text through using this website.
Print 
Download File 
Go to Top 
