As part of our consultancy services, we present the new regulations announced by the Tax Inspection Board regarding the use of fraudulent or misleading documents (FMD).

New Regulation (Effective as of 01/10/2025)

According to the announcement by the Tax Inspection Board, the defense “I unknowingly used a fake invoice” will no longer be valid. In tax inspection reports, all taxpayers who use fraudulent or misleading documents will be deemed to have used them “knowingly.”

Our Recommendations

• Be meticulous in supplier selection and verify their activities via Tax Identification Numbers.
• Regularly follow the risky taxpayer lists published by the Revenue Administration.
• Always sign written contracts with suppliers and keep them properly archived.
• Support invoices with transport notes and bank receipts.
• Verify e-Invoice and e-Archive documents with digital verification tools.
• For risky transactions, prepare all supporting documents and do not delete records without expert advice.
• Implement internal audit and dual-approval mechanisms in your procurement processes.
• Provide your employees with regular training on combating fraudulent documents.

Bumerang Denetim’s Contribution

We provide consultancy and internal audit services to help your business minimize the risks of fraudulent documents and ensure compliance with your tax obligations.

Sincerely,
Bumerang Denetim