A tax audit is carried out in order to audit the compliance of accounting practices and tax calculations with tax legislation. Effective full certification service ensures timely detection and correction of erroneous tax practices.
Tax Audit and Full Certification
We produce solutions that fully meet legal obligations within the scope of Tax Audit and Full Certification Services. With the Law No. 3568 on Certified Public Accountants and Certified Public Accountants, Tax Audit (Full Certification) Services in Turkish Tax Legislation have been put into practice. Tax audits meet the process of checking the financial statements of companies by tax experts, taking into account the tax standards, laws and regulations valid in Turkey.
What is Full Certification Service?
Accounts and financial statements of companies are checked, tax accuracy and compliance are checked with the full certification examinations made by certified public accountants. On the other hand, it is aimed to alleviate the burden of the state in the field of audit for companies that have full certification audits. Certified public accountants assure the government that companies’ corporate tax returns are in compliance with the legislation, with a full certification audit and a full certification report they publish.
Full Certification Obligation 2022
In the first regulation regarding the full certification service, all taxpayers exceeding a certain turnover amount were required to have full certification. However, this requirement was lifted in later years. Taxpayers are not obliged to receive full certification services according to current legal regulations. However, this does not mean that there is no benefit in getting full certification services.
In the first regulation regarding the full certification service, all taxpayers exceeding a certain turnover amount were required to have full certification. However, this requirement was removed in later years. Taxpayers do not have to receive full certification service according to current legal regulations. However, this does not mean that there is no benefit to obtaining full certification services.
What are the Benefits of Receiving Full Attestation Service?
A full certification service not only reduces the risk of tax audits, but also enables early detection and correction of tax misconduct. Tax planning opportunities, awareness of tax incentives and exemptions are also important value-added services created by certification processes.
To the companies that have signed a Full Certification contract, in the Tax Offices; VAT, Income Tax and Corporate Tax refunds are also facilitated. In some cases, a sworn report is mandatory.
Since the declarations of the taxpayers who receive the Full Certification service are also approved, there is no need for another professional approval.
It has been stated that the companies for which the certification report is prepared by the Ministry of Finance (except for notification and special cases) will not be examined and companies that have not been certified will be examined primarily.