Turkey's Automatic Electronic Tax Statement System Now Includes Salary and Security Incomes, Plus Other Revenues

The Turkish Ministry of Finance ("Ministry") has expanded the scope of the Pre-prepared Leasing Statement System ("System"), which has been in effect since 2012 for real estate income statements. The system is now also available for salary and security income, as well as other revenues. The system prepares statements and submits these for taxpayer approval. The Ministry published the General Communiqué on Tax Procedure Law number 470 ("Communiqué") in Official Gazette number 29635 on 25 February 2016, entering into effect on 1 March 2016.

The System's main purpose is to ensure that tax statements are prepared and submitted in a fast, easy, economic, reliable and accurate manner. It is intended to increase voluntary compliance levels by decreasing tax compliance costs. It also ensures efficiency by simplifying actions and transactions conducted at tax offices.