With the Law No. 7524, as of August 2, 2024, the VAT amounts transferred to the next period in the VAT declarations of the companies that are divided or transferred as of August 2, 2024, must be subject to tax inspection in order to be subject to deduction by the transferee companies.
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.