- HGS system is implemented in Turkey to provide easy and fast passage on bridges and highways operated by the General Directorate of Highways.
- Tax treatment of HGS fees is explained in terms of income tax and corporate tax laws.
- HGS fees paid for passing through bridges and highways can be considered as general expenses for determining net income.
- Proof of payment for HGS fees is required for tax purposes, even though bank receipts are not considered as invoices.
- KDV (Value Added Tax) is included in the fees paid for HGS, and the KDV amount can be deducted as an input tax credit.
- Example is given for a person in passenger transportation business who loaded HGS with KDV included, and how the KDV amount is treated for tax purposes is explained.
Source: alomaliye.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
