Notifications started to be sent to people who do not have a license and who sell more than 3 second-hand vehicles in a calendar year.
According to the news on TRT Haber by used vehicle market is closely watched. taking a step in this Ministry of Commerce issued regulations, Ministry of Treasury and Finance accordingly, it started tax inspection. According to the statement, within a calendar year, including those who sell by proxy, More than three vehicle sellers were examined. After the investigations It turned out that 100 thousand people did not follow the rule. According to the shared news As of the date of the fourth vehicle sale, those who have not opened a taxpayer registration are included in the list.. Selling more than three second-hand vehicles is considered a second-hand motor vehicle trade.
Abdullah Tolu, financial adviser speaking on the subjectUnderlining that information was obtained from traffic registration offices and notaries for the identification of these persons, “He supported this with the information and documents he obtained from the banking system. And these 100 thousand people were sent to the Revenue Administration and then to the Tax Office for necessary actions to be taken against them.” said.
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Abdullah Tolu, specifically for those who do not comply with the rule, that the information about how much profit they make from each vehicle is in the hands of the financeHe said that the taxpayers will make a statement about this situation in the commissions and added: “There is an income tax tariff that goes from 15 percent to 40 percent, depending on the amount of profits they make. An income tax assessment will be made at that rate.
A floor tax loss penalty will be imposed on the sum of the income tax and VAT amount. In addition, since they do not open a liability record and do not issue documents, a special matter penalty of 10 percent of the amount they must write on each document will be imposed.”