If the laws are violated or support and promotion conditions are misused,
1- there will be loss of tax for the taxes that are not accrued on time,
2- the late fee (because of the loss of tax),
3- and the loss of tax should be paid.
Tax-free supports should be collected by applying late fee and in line with the law on collection procedure of assets numbered 6183.
Source: Corporate Tax Law
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.
