Collateral Obligation of Up to 30 Million TL for Car Trade

presented to the Speaker of the Grand National Assembly”Proposal to Amend the Tax Procedure Law and Some Laws“, seems to be able to bring the new regulation into our lives. This regulation, whose counterpart is the Ministry of Treasury and Finance, is intended for individuals and institutions dealing with car buying and selling and taxpayers, up to 30 million TL requires a guarantee.

According to the regulation, the Ministry of Treasury and Finance will be born your taxes collectible security in order to provide It will be able to request collateral up to 30 million TL. There is one thing that is confusing here. There is no such thing as non-payment of tax on car purchases. Let’s explain like this; If you have not paid the Motor Vehicles Tax (MTV) of a car you own, the notaries will not process the sale. Because the vehicle tax has debt and this debt must be paid by the current owner of the vehicle. It is not clear which tax the regulation focuses on.

Those who do not pay the guarantee will be fined!

The regulation submitted to the Presidency of the Grand National Assembly of Turkey with the Bill of Law on the Amendment of the Tax Procedure Law and Some Laws, also applies to those who do not pay security. brings punishment. A taxpayer who does not pay the guarantee determined by the Ministry of Treasury and Finance will be denied the money he earned from sales in the previous year. up to three thousandths will have to pay the fine.

At this time, the offer will be accepted or not. keeps its mystery. The regulation proposal on the website of the TGNA here available via the link.