Jeweler inspections begin with 3,000 personnel: Simultaneous counts to be conducted at addresses belonging to 552 taxpayers
Following Treasury and Finance Minister Mehmet Şimşek's statement that "the average monthly tax base declared by a jeweler is 16,046 lira," the Ministry of Treasury and Finance is launching inspections involving 3,000 personnel at 707 addresses across 9 metropolitan cities.
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Treasury and Finance Minister Mehmet Şimşek's words, "We will design a system to collect the least amount of tax from those who earn the least, but I am warning those who earn a lot: we will increase the penalties for tax evasion and informal activities, and we will tighten inspections," have prompted Ministry teams to take action.
The Tax Inspection Board (VDK) has initially placed the jewelry sector under close scrutiny, following Şimşek's remark that "the average monthly tax base declared by a jeweler is 16,046 lira. These are very low figures."
As a result of detailed risk analysis conducted by the VDK and the General Directorate of Risk Analysis regarding the jewelry sector, it was decided to conduct comprehensive physical counts at the workplaces of the identified taxpayers.
Accordingly, an inspection team of approximately 3,000 people, consisting of tax inspectors and Revenue Administration personnel, has simultaneously launched physical count operations at 707 addresses in 9 metropolitan cities belonging to 552 taxpayers operating in the jewelry sector.
STOCKS WILL BE COUNTED
During the field inspections, the current stocks of the taxpayers will be counted one by one.
In addition to the count, it will be determined whether the businesses are buying and selling gold and precious stones without invoices, whether payments and collections are being made through bank accounts not belonging to the firm, whether the invoices include the actual gram information of the products, and whether the taxpayers are engaged in unauthorized foreign currency trading. Furthermore, it will be checked whether POS devices belonging to others are being used in the workplaces.
Taxpayers identified as risky during the field inspections will also be subject to tax audits.
Following the jewelry sector, the Ministry will continue its audits and field inspections for other sectors according to a plan, ensuring that no area is left uninspected this year.