What are the correction times and penalties of Forms B? (In Turkey)
Should the correction of forms B be made unconditionally within 10 days? Can the August Form B be submitted on September 2 be corrected again by the end of September?
It can be corrected.
However, in accordance with the repeating article 355 of the Tax Procedure Law, a special irregularity fine shall be imposed.
“In the event that it does not comply with the obligation to submit notifications or forms in electronic media, the special irregularity fine to be imposed shall be applied at the rate of 1/10 if the notification or forms are submitted in electronic media within 3 days starting from the end of the specified periods of notification and forms.
In the event that the notifications and forms given after the expiry date for the notification or forms that are obliged to be submitted electronically are submitted within 10 days after the end of the specified periods, the special irregularity fine shall not be imposed and if it is submitted within the following 15 days, the special irregularity fine to be applied at the rate of 1/5.”
Source: İSMMMO
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