The Ministry of Treasury and Finance will conduct simultaneous inspections at 707 addresses in 9 metropolitan cities today regarding the jewelery sector, which has attracted attention following Minister Mehmet Şimşek’s statement that “The monthly tax base declared by an average jeweler is 16,046 liras.”
According to information obtained by AA correspondent, following Minister Şimşek’s words, “We will design a system to collect the least amount of tax from those who earn less, but I warn those who earn more, we will increase the penalties for tax evasion and unregistered efforts, and we will increase the frequency of inspections,” Ministry teams took action.
In the first stage, the Tax Inspection Board (VDK) started to closely monitor the jewelry sector, about which Şimşek said, “The monthly tax base declared by an average jeweler is 16,046 lira. These are very low figures.”
As a result of the detailed risk analysis study conducted by the VDK and the General Directorate of Risk Analysis for the jewelry sector, it was decided to conduct a comprehensive actual count at the workplaces of the taxpayers identified.
Accordingly, an audit team of approximately 3,000 people, consisting of tax inspectors and Revenue Administration personnel, simultaneously started an actual counting operation at 707 addresses in 9 metropolitan cities of 552 taxpayers operating in the jewelry sector.
STOCKS WILL BE COUNTED ONE BY ONE
During field inspections, taxpayers’ existing stocks will be counted one by one.
In addition to the count, it will also be determined whether gold and precious stones are bought and sold without invoices in businesses, whether payments and collections are made through bank accounts that do not belong to the company, whether the actual gram information of the products is included in the invoices, and whether taxpayers buy and sell foreign currency without authorization documents. It will also be checked whether POS devices belonging to others are used in businesses.
Taxpayers who are identified as risky during field inspections will also be subject to tax audits.
Following jewellery, the Ministry will continue its inspections and field inspections for other sectors within the scope of the plan, leaving no area uninspected this year.
