Published in the Official Gazette: Bank payment obligation limit increased for payments of 7,000 TL and above

With the amendment made to the General Communiqué on the Tax Procedure Law published in the Official Gazette, the collection and payment limits have been increased.

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Published in the Official Gazette: Bank payment obligation limit increased for payments of 7,000 TL and above

The Communiqué on Amending the General Communiqué on the Tax Procedure Law, prepared by the Revenue Administration of the Ministry of Treasury and Finance, has been published in the Official Gazette.

Accordingly, the mandatory limit for collection and payment transactions for consumers and businesses to be conducted through banks and financial institutions has been increased from 7,000 TL to 30,000 TL.