YMM Aydın KOCA
Yeminli Mali Müşavir (E. Vergi Başmüfettişi)2007 yılı Kocaeli Üniversitesi Siyaset Bilimi ve Kamu Yönetimi Bölümü mezunu
2007 yılı Kocaeli Üniversitesi Siyaset Bilimi ve Kamu Yönetimi Bölümü mezunu
Since tax legislation and regulations are frequently altered in both Turkey and rest of the world, companies usually have difficulties on keeping their information up to date. Also, understanding and interpreting tax related legislation and regulations mostly requires expertise because of its complicated structure. Our highly experienced team offer efficient and reliable professional consultancy with a clear road map to its clients in their decision making processes.
• Koca YMM AŞ. provides an expert guidance on tax issues including the services below:
• Withholding tax,
• Value added tax, special consumption tax, stamp tax, taxes on BITT and RUSF,
• Wealth Taxes such as Inheritance and Property tax,
• International tax treaties,
• Investment incentives,
• Special advisory services for year- end inventory and closing transactions,
• Delivering opinions by conducting investigation and research on specific issues,
• Providing advisory service to meet our clients’ inbound /outbound business start-up needs such as: establishing company, branches and liaison office,
• Tax planning and company restructurings.
• Domestic /international corporate tax and income tax,
Corporate Income Tax Certification (CIT) audits are conducted in the scope of Accounting & Financial Advisory and Certified Public Accountants law and the regulations set by Ministry of Finance.
With this service, certified public accountants conduct CIT audits by checking the account and financial statements and carry out tax related accuracy and compliance inspection processes. It is important to know that accounts and operations of companies that have CIT audits conducted are regarded as being inspected by government officials.
Also, with CIT audits and reports, certified public accountants offer assurance for government officials in terms of firms’ corporate tax declarations alignment with the legislation.
One of our main concerns is to identify possible tax-related risks before they occur and to eliminate such risks previous to audits implemented by the Ministry of Finance. Moreover, during our auditing process we target to identify tax-related advantageous conditions for companies and inform the executives about such advantages.
We provide following services in the scope of CIT certification:
• Conducting actual audits at client’s company during interim tax periods and at the end of the year (three or four times a year),
• Reporting the findings of audit to the company management,
• Calculation of the tax base to be included in the temporary tax and corporate tax declarations,
• Submitting the CIT certification report prepared to tax office,
• Providing tax consultancy service on certification related issues.
Indirect taxes have potential financial burden risks for companies that lack efficient expertise and knowledge on exemptions, exceptions and deductions and refunds. In order to eliminate such risks and financial loses our team provide right assistance services for companies to implement liabilities at the right time.
Our indirect taxes unit provide services such as:
• VAT returns certification services,
• Special consumption tax refund services,
• Special communication tax refund services,
• Indirect tax consultancy services,
• Investigating tax related exemptions, exceptions, discounts and refund opportunities,
• Auditing of contracts and similar papers in terms of stamp tax,
• Indirect tax declaration control services,
• Indirect tax planning services,
• Supply chain planning.
The main concern of transfer pricing regulations is to prohibit unfair tax competition in the international level and to prohibit tax erosion caused by affiliates’ transactions. Transfer pricing has recently become one of the primary concerns of both taxpayers and tax administrations.
As it is known, according to the arm’s length principle in transfer pricing, companies must apply parallel prices for similar transactions between affiliates and between unrelated companies.
In accordance with current transfer pricing regulations in Turkey, taxpayers within limits are compelled to prepare Master File, Country by Country Report (CbCR) and Annual Transfer Pricing Report, fulfil the CbCR notification and submit the “Form relating to the Transfer Pricing, Controlled Foreign Company and Thin Capital” attached to the corporate income tax return.
We offer below services with our expert team:
• Preparation of annual transfer pricing reports,
• Preparation of Country by Country Report,
• Fulfilling the CbCR Notification,
• Preparation of Master File
• Evaluation of current transactions and agreements within the frame of transfer pricing regulations,
• Establishing optimal structures from transfer pricing perspective,
• Assisting in Advance Pricing Agreement process with Ministry of Finance,
• Providing services to assist with filling of “Form relating to the Transfer Pricing, Controlled Foreign Company and Thin Capitalization” attached to corporate income tax return,
• Consultancy services to tax inspections
The tax inspection process consists of steps that must be managed professionally in terms of methods and principles. It is crucial for companies to carry out tax inspections, tax discrepancy processes and cases by highly experienced specialists to avoid potential negative consequences and reduce any risks.
Our experts who gained further experience within the structure of Ministry of Treasury and Finance, Revenue Administration, manage our clients’ tax inspection and dispute processes and provide guidance during all stages of the processes.
The following services are offered within this scope:
• Consultancy, support and process management services during tax inspections,
• Consultancy services related to the defence requests made in the presence of report evaluation commissions,
• Consultancy services related tax settlement carried in the presence of tax settlement commissions,
• Preparation of the petition related tax cases and management of the litigation process,
• Tax Litigations
• Tax Law Consultancy,
• Resolution services for tax refunds related disputes at administrative and judicial stage.
• Preparing petitions of ruling and providing technical support.
Currently, companies are forced to compete not only in local market but also in the global market. In such intensifying competitive environment, investment incentives and other government supports play an essential role in providing great competitive advantages to beneficiaries.
Investment incentives are used as strong instruments of economic and financial policy in Turkey. The incentive system is designed in consideration of geographical and sectoral differences in order to minimise the development gap between regions. Also recently product based tools have been taken into account to determine the incentives. As it is seen that the amount and measures of incentives and other supports vary widely. Therefore, companies have faced even more complexed legislation and implementation procedure.
Our Incentive Unit offers local and international competitive advantages to our precious clients by determining and receiving the right incentives at the right time.
It is important for companies to have an efficient and effective accounting system under their structures. We offer consultancy services for founding a new system and also assistance for running existing systems efficiently to our clients.
We offer advisory services in the field of customs and foreign trade. As known, companies in Turkey have to understand and implement both local and international customs legislation including international customs agreements.
Some of the services we offer under this subject are listed below:
• Binding Tariff Information application,
• Tariff Information applications Customs Duty/Additional Customs Duty,
• VAT/SCT on import,
• Additional Financial Liability,
• KKDF,
• Free Trade Agreements,
• Generalized Preferences System Applications,
• Transfer Pricing,
• Royaly-Licenses,
• Credit Note/Debit Note Applications,
• Price Adjustments,
• Purchase and sale contracts,
• Royal-license agreements,
• Contracts leading to commission payment,
• Distributorship agreements,
• Customs Broker contracts,
• Bonded Warehousing contracts,