The date for the 750 TL deduction has been set: No refund even if the credit card is cancelled!
Details of the omnibus bill submitted to Parliament by the AKP last week have emerged. The date for the planned 750 TL deduction from citizens with a credit card limit of 100,000 TL or more has been set. According to the proposal, it has been learned that the 750 TL in question will not be refunded if the credit card is cancelled.
12punto
Unable to put a stop to the poor course of the economy, the AKP government submitted an omnibus bill to the Grand National Assembly of Turkey (TBMM) on Friday, which is expected to reach a total annual volume of 80 billion TL as service fees and taxes for defense industry projects.
The most controversial clause in the proposal is the annual 750 TL deduction per card from citizens who have a credit card limit of 100,000 lira or more.
It was stated that the deduction in question will be transferred to the Defense Industry Support Fund.
The omnibus bill, which has caused public outcry, will be discussed tomorrow (October 15) in the TBMM Planning and Budget Committee.
While reactions to the regulation continue, the details of the bill have been obtained.
According to the report by Neşe Karanfil from Hürriyet, the details of the bill are as follows:
The 750 lira share will be reflected in the cardholder's account by the institutions issuing the credit card as of the 5th day of January each year. It will be shown on the relevant period's account statement. The amount collected from the cardholder will be declared with the banking and insurance transactions tax return that must be filed in the month following the collection. It will be paid within the payment period of this tax.
The participation share for cards obtained during the year or those whose limit enters the 100,000 lira and above scope will be reflected in the account for the month in which the card is opened for use or the limit increase is made. It will be paid in the same manner.
The 750 lira share collected annually per card from holders of cards with a limit of 100,000 lira and above will not be refunded even if the card is cancelled.
If the card is renewed for any reason during the year, no additional share will be collected if the share for the relevant year has already been paid.
No additional share will be collected for supplementary cards created within the limits of a physical card or for non-physical cards.
With the bill, a share of 750 lira will be collected from both parties in real estate transactions, and 375 lira will be collected from other transactions at the land registry office.
The amounts collected from land registry and cadastre transactions will be paid to the tax office before the transaction. No transaction will be performed without the share being paid. In the event that a transaction is performed without the share being paid, the officials performing the transaction will be held jointly and severally liable along with those responsible for paying the share.
The shares introduced with the omnibus bill will be increased each year at the revaluation rate.