OUR SERVICES
Tax Compliance Review
A tax compliance reviewis an examination of acompany's accounting records, supporting documents, returns, electronic records and relevant transactions for a financialyear to assess compliance with Turkish tax legislation and identify areas of potential tax exposure.
Scope of the Tax Compliance Review
Valuation andInventory. Physical stocktakes, inventory and fixed asset valuation, cost accounting, cost of goods sold, yield and capacity reviews, arm's-length assessments
andvaluation methodologies. Financial Transactions. Thin capitalisation, transfer pricing, foreign exchange differences, capital increases, cash and bank movements, borrowings, profit distributions, receivables, payables,
securities, special funds andinvestments. Expenses, Deductions and Incentives. Non-deductible expenses, tax reliefs, exemptions, R&D activities, payroll reliefs and
regional or sector-specificincentives. Returns, Procedures and Records. Tax computations and returns, compliance with the Turkish Commercial Code and Tax Procedure Law, reporting obligations, social security notifications, accounting
principles, recordretention and accounting controls. Other Risks and Opportunities. Review
ofrelevant tax exposures and improvement opportunities across the business.
Who Is the Tax Compliance Review For?
Companies and other legal entities required under the Turkish Tax Procedure Law or other legislation to maintain and present accounting books and records—including public economic enterprises and relevant businesses operated by associations and foundations—may benefit from our tax compliance review services.
Why Loba Partners?
Our team comprises Sworn Financial Advisors (YMM) with extensive tax audit experience in Türkiye's public and private sectors and international organisations, alongside specialists with in-depth knowledge of Turkish tax legislation. Advisory is not an ancillary activity for our firm: it is one of our core services.
To discuss your advisory requirements, please contact us using the details below.
Phone: +90 212 806 7407
Email: info@lobapartners.com
