Is it mandatory to have closing certifications of commercial books according to the Tax Procedure Law?
According to Article 22 of the Code of Civil Procedure, in order for commercial books to be accepted as evidence in commercial cases, they must be kept completely and properly, opening and closing certifications must be made and the book records must confirm each other.
According to Article 562/1-c of the Turkish Commercial Code; Those who do not have the necessary certifications made in accordance with the third paragraph of Article 64 must be punished with an administrative fine of 31,097 TL for the year 2023.
Since there is no regulation in the Tax Procedure Law regarding the requirement to have closing certifications of commercial books, there is no sanction in terms of the Tax Procedure Law for not having closing certifications made.
According to Article 562/1-c of the Turkish Commercial Code; It is envisaged that an administrative fine of 49,276 TL will be imposed for the year 2024, taking into account the provision of Article 17/7 of Law No. 5326 dated 30/3/2005, for those who do not obtain the necessary approvals in accordance with the third paragraph of Article 64 of the Law.
Source: UNION OF CHAMBERS OF CERTIFIED PUBLIC ACCOUNTANTS OF TÜRKİYE
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