Some of the Rights Provided by a Full Attestation Agreement Concluded in Due Time

Some of the advantages provided to taxpayers with a full attestation agreement made in due time are given in the table below.

No.	Rights Granted to Taxpayers by a Full Attestation Agreement Concluded in Due Time	Legal Basis
1	Option to receive VAT refunds above TL 2,600,000 arising from transactions subject to the reduced rate in cash with a CPA (YMM) report	General Communiqué No. 46 on the Law on Certified Public Accountants and Sworn-in Certified Public Accountants
2	Option to receive other VAT refunds above TL 1,300,000 with a CPA (YMM) report
3	Option to receive cash refunds of up to TL 350,000 for sales made with special invoices, provided a full attestation agreement exists
4	For goods exported by manufacturers, the monthly cash refund limit for taxpayers with a full attestation agreement made in due time is TL 100,000 instead of TL 10,000	Amendment to the VAT General Implementation Communiqué by Communiqué No. 41
5	For taxpayers with a full attestation agreement made in due time, an upper limit of TL 1,518,000 applies from 1.1.2023, including pending cash refund requests for income/corporate tax paid via withholding (For cash refund requests arising from income and corporate taxes paid via withholding and not yet finalised as of *1.1.2023*, the cash refund limit that can be claimed by petition without full attestation is *TL 151,000*. For cash refunds between *TL 151,001 and TL 1,518,000*, a full attestation agreement made in due time is required. Without a full attestation agreement, cash refund requests exceeding *TL 151,000*, and even with one, requests exceeding *TL 1,518,000*, are fulfilled based on the result of a tax inspection.)	Income Tax General Communiqué No. 252
6	A full attestation agreement made in due time is required to benefit from the Reduced Collateral Application (İTUS) for VAT refunds (together with other conditions)	VAT General Implementation Communiqué
7	Taxpayers with a full attestation agreement made in due time may benefit from 60% collateral under the Increased Collateral Application (ATU) (together with other conditions)	VAT General Implementation Communiqué

VAT Refund Limits That Can Be Received in Cash with a CPA Report

The VAT refund amounts that can be received in cash with the Certified Public Accountant report without a Full Attestation agreement are given in the table below. For cash refunds exceeding these amounts, a Full Attestation Agreement made in due time is required.

Maximum VAT Refund Limits for Taxpayers Without a Full Attestation Agreement Made in Due Time, Based on a CPA (YMM) Attestation Report
Type of Exemption	2022 (TL)	2023 (TL)
VAT refunds related to deliveries and services subject to the reduced rate	2,533,000	2,600,000
Other VAT refunds obtainable with a CPA (YMM) attestation report under the VAT General Implementation Communiqué	1,266,000	1,300,000
VAT refunds related to sales to non-residents with special invoices and sales of goods carried by passengers (this limit also applies where a full attestation agreement made in due time exists)	332,000	350,000

Accounting and Financial Consulting Services

Full Attestation Agreement Concluded in Due Time