Example
1) e-SMM
Gross: 1,000 TL
Withholding Tax 20%: 200 TL
Net: 800 TL
VAT 20%: 200 TL
Amount to be Collected: 1,000 TL
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2) Sales invoice in the nature of a reflection invoice to be issued to another company
Base: 1,000 TL
VAT 20%: 200 TL
Grand Total: 1,200 TL
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.
