Turkey's Revenue Administration has announced the preparation of a draft communiqué that will terminate the requirements to submit the Notification on Purchases of Goods and Services (Form Ba) and the Notification on Sales of Goods and Services (Form Bs). Under current rules, taxpayers who keep books according to the balance sheet principle are required to report their purchases and sales of goods and services exceeding a certain limit. In order to reduce tax compliance costs and obligations, the communiqué provides that Form Ba and Form Bs will no longer need to be submitted for the September 2024 period and the...