ELECTRONIC CONTROL AND TECHNOLOGICAL DEVELOPMENTS

With technological developments, the use of computers and the internet in every field of business life is becoming increasingly widespread. As a result of these developments, it is seen that the Revenue Administration has made legal arrangements regarding the creation of electronic documents and records in order to facilitate tax audits. In Article 257 of the Tax Procedure Law No. 213, it is stated that the Ministry of Finance is authorized to determine different procedures and principles for electronic books, documents and records than other books, documents and records.
In the e-Ledger General Communiqué No. 1 issued based on the specified authority;
- Electronic Record: It refers to the smallest information element that is kept in an electronic environment and constitutes electronic books and documents, and that can be accessed and processed by electronic methods.
- Electronic Ledger: It refers to the entirety of electronic records that include the information that must be kept in the books that are required to be kept according to the Tax Procedure Law and/or the Turkish Commercial Code, regardless of the formal provisions.
The standard used in the e-Ledger determined by the Revenue Administration is the most flexible language in the field of financial reporting, called XBRL (eXtensible Business Reporting Language), which is increasingly used in the world. e-Ledger has the same legal consequences as the books kept in paper format within the framework of VUK and TTK (Accounting and Finance Journal - January/2019 - Technological Developments in Electronic Tax Audit and Steps to Transition to Full Audit - İlker CALAYOĞLU) Taxpayers can use the software they want, provided that it complies with the standards determined by the Revenue Administration.