The Ministry of Treasury and Finance, in its investigation of 250 taxpayers evading taxes by collecting payments through IBAN, identified that 1.5 billion lira in income was unreported in the first phase, resulting in a 250 million lira tax fine. Among those who concealed their earnings through IBAN payments are groups ranging from luxury restaurant chains to social media influencers.
According to information from the ministry, the Tax Inspection Board continues its investigations as part of its effective fight against the informal economy.
Significant progress has been made in the examinations and analysis conducted on taxpayers attempting to avoid issuing receipts and invoices to evade taxes by collecting payments from customers through IBAN.
Especially those attempting to collect their receivables through bank accounts with excuses like “POS machine not working” are under close scrutiny.
250 million lira tax fine issued
After analyzing bank accounts and money movements, tax inspectors established links and expanded their investigations on the 250 identified taxpayers. According to the initial findings, 1.5 billion lira in income was left unreported. Based on this amount, the ministry imposed a tax fine of 250 million lira.
