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THE DUTIES OF THE TAX INSPECTORS BOARD

The Tax Inspectors Board was altered and authorized to inspect taxpayer’s books and research matters pertinent to the Finance Ministry Code 4709. This board specialized in large companies based in Turkey. In addition to the above-mentioned duties, the board has undertaken several other duties, which entail specific knowledge in various codes, decrees, and Financial Ministry requirements. These additional duties are outlined below:

    The Financial Inspections Code pertaining to the Prevention of Money Laundering; the Protection of Turkish Monetary Value; the Capital Market Code; Encouraging Foreign Capital; Banking; Establishment and Inspection of Insurance Companies Code; Loan Transactions Code; Associations Code; and the Unions Code. Inspection of government’s organizations and foundations with respect to tax law and foreign currency law is also a necessary area of specialization.

    Entering studies dealing with government income policy, preparation of law proposals and research for improvement to the existing tax system are necessary aspects of this board. Defection elimination techniques and practical life concerns in relation to tax law are also critical to this profession.

    The education of board members on the subject of tax legislation; lecture presentation, conferences and seminars are given and participated in by government officers and taxpayers, and approved by the Ministry of Finance.

    The Board is used in a specialist capacity in matters of tax for governmental departments and universities.

In conclusion, the Tax Inspectors Board generally has undertaken public external inspection functions. With these functions, the board hopes to provide real sources to public finance and to measure the effectiveness of current economical and financial policy. These functions also help to accumulate data related to general economic policy.


© 2004 Tax Inspectors Board