The General Communiqué on Tax Procedure Law ( No: 525) of the Ministry of Treasury and Finance (Revenue Administration) published in the Official Gazette dated 25 September 2024 and numbered 32673 aims to reduce tax compliance costs and the obligation to submit notifications. Form Ba and Form Bs notifications regarding the purchase and sale of goods and services exceeding a certain limit will no longer be required for taxpayers who keep books on the basis of balance sheet.
• In which cases were Form Ba and Form Bs to be submitted?
Form Ba and Form Bs were among the important tools of the Revenue Administration. ‘While “Ba” abbreviation refers to the notifications regarding the purchases of goods and services; “Bs” abbreviation refers to the notifications regarding the sales of goods and services. Form Ba and Form Bs are a type of notifications made to the tax office. These forms are not tax declarations and do not contain any tax levied or tax accrued. These forms refer to the notification forms issued by taxpayers who keep books on the basis of balance sheet for invoices of TL 5.000 and more. If an invoice amounting to TL 5.000 or more, excluding VAT, was received from an enterprise within a month, this amount was to be declared with the Form Ba. Similarly, when an invoice of TL 5.000 or more was issued to an enterprise without VAT, this was also declared with the Form Bs.
• Reasons and Effects of Termination of the Usage of Form Ba and Form Bs Notifications
Due to the widespread use of electronic documentand the increase in information sharing between public institutions, it has been decided to terminate the practice of submitting Form Ba and Form Bs notifications in order to reduce the compliance costs of taxpayers and alleviate unnecessary notification burden. This amendment aims to facilitate the processes of taxpayers and professionals.
The obligation to provide information is based on Article 148 titled “Providing Information” of the Tax Procedure Law No. 213. This article states that real and legal persons are obliged to provide the information requested by the Ministry of Treasury and Finance and institutions authorized to conduct tax inspections. Form Ba and Form Bs are important documents within this scope. However, with the abolition of Forms Ba and Form BS, it is understood that the obligation to provide information has been narrowed and the burden on taxpayers has been eased. This change aims to make tax processes more effective and productive.