WHAT IS TRAVELING EXPENSE AND HOW TAX EXEMPTION IS APPLIED TO IT?
1- WHAT IS TRAVELING EXPENSE?
Traveling expense means the money that your employer pays you because you are spending that amount on travel that is necessary for your work. It includes boarding; food and drink and accommodation.
2- WHICH PAYMENTS MADE AS EXPENSES ARE EXEMPT FROM TAX?
Below mentioned payments made as expenses are exempt from the Income Tax,
2, 1- By the institutions subject to travel expense law;
2.1.1- Travel Expense,
2.1.2- Payments made for business trip expenses
2.2- By the institutions out of the scope of travel expense law
2.2.1-With the board of directors and its members,
2.2.2- With auditors,
2.2.3- With liquidators,
2.2.4- To employee, (including each and every employee with and without being subject to travel expense law)
2.3- Including fuel allowance paid to the civil servants according to the civil servant law numbered 657
***Including payments made as advances to retired employer, civil servants and self-employees.
2.4- Payments made as loss reserve according to the special laws;
2.4.1- The ones working poll counting and
2.4.2-Elections.
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Source:Income Tax Law
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