ATTESTATION SERVICES

NSR Sworn-in Tax Advisory and Independent Auditors, Inc. , audits and attests the balance sheets and income statements,declarations submitted as per tax laws, and requests relating to tax laws, of real and legal persons (companies, associations and foundations  and their enterprises and ventures) for compliance with tax laws, relevant regulations and generally accepted accounting standards within scope of Law no. 3568 on Certified Public Accountants and Sworn-in Tax Advisors. Attestation reports prepared are then submitted objectively to the use of relevant parties and official authorities.

Statements attested by Sworn-in Tax Advisors and submitted to public institutions and organizations as per Laws are accepted by public authorities as documents reviewed by inspection officers of the state to the extent of the scope of the attestation.

Main Areas of Attestation

• Full Attestation: Within scope of this service that is known as attestation of income and corporate tax declarations, regular monthly audits are conducted at the organizations by taking into consideration compliance of activities of our clients with financial regulations, their rights arising from tax laws and possible risks tax practices may pose to them. Deficiencies and mistakes detected during these works are immediately corrected. Temporary tax declarations of the clients are submitted under supervision and control of our Company. On the other hand, an investigation is performed at the end of the year regarding companies from which the client has purchased goods and services over a certain amount within that year in order to find out if such companies recorded the invoices they issued to the client into their books and declared them to the tax department. At the end of these, full attestation works are incorporated into a report and submitted to the tax department.

We also provide financial advisory services to the companies we provide full attestation services. These companies also benefit from our financial notification service that covers announcement and interpretation of changes in the financial regulations to the clients and provision of guidance to that effect.

•  Value added tax and special consumption tax transactions: Another service offered by our Company is preparation of a report regarding refunding and offsetting transactions of value added tax and special consumption tax.

Below is the list of Sworn-in Tax Advisory services provided by our Company:

Income Tax and Corporate Tax Transactions

1. Yearly Income Tax Declaration Attestation
2. Yearly Corporate Tax Declaration Attestation
3. Investment Allowance Attestation
4. Transactions Concerning Incentives, Deductions, Exceptions and Exemptions 
5. Services Regarding Tax Exemptions or Similar Reliefs in the Frame of Incentives for Priority Development Areas or Equivalent 
6. Refund or Deduction of Loan Interest in Incentive Practices or Payment of Premiums and Alike 
7. Inflation Adjustment or Reappraisal Services
8. Attestation Services for Other Incentives, Deductions, Exceptions and Exemptions
9. Services for R&D Supports Granted by Scientific and Technological Research Institution of Turkey
10. Attestations Needed Pursuant to the Regulation on Government Support for Movies and Sponsorship Regulation of the General Directorate of Youth and Sports
11. Auditing and Reporting for Projects Supported by European Union Funds
12. Activity Report for Products Under Import Tracking Scheme
13. Attestation of Individual Declarations
14. Other Income and Corporate Tax Declarations

Services Concerning Value Added Tax and Special Consumption Tax

1. Attestation of Refunding and Offsetting Transactions of Value Added Tax and Special Consumption Tax
2. Monthly Declarations that do not Involve Refunding or Offsetting
3. Special Consumption Tax Postponement -Cancellation and Activity Attestation Report Concerning Sea Fuels with Zero Special Consumption Tax and Gasoline Containing Bio-ethanol Produced by Bio-ethanol Producers and Blenders
4. Attestation of Value Added Tax Postponement-Cancellation Transactions Performed Under Inward Processing Certificates
5. Attestation of Customs Declaration

Other Attestation Services

1. Attestation of Addition of Internal Resources to the Capital
2. Determination of the Fund that Can Be Added to the Capital That Arises from Inflation Adjustment or Reappraisal
3. Certification of Addition to the Capital of other Internal Resources (Cost Increase Fund – Real Estate / Subsidiary Sale Profit, Profit from Retained Earnings etc.)
4. Reports for Certification of the Capital Increase
5. Certification that Capital is Paid and Exists and Certification of Addition of Retained Earnings to the Capital
6. Equity and Value Determination for Establishment, Change of Type and Capital Increases of Limited Companies
7. Attestation Services for Exemptions and Exceptions and Accounts of Associations, Organizations, Foundations and Alike 
8. Services regarding Investment Incentive Certificates
9. Certification Services for Loans
10. Certification Services regarding Liability of Travel Agencies to Earn Tourism Revenues and Bring Foreign Currency
11. Investigation and Certification Services regarding Importation of Crude Oil and Petroleum Products and LPG
12. Compliance of Financial Statements and Determination of Yield
13. Investigation of Accounts and Transactions of Organized Industrial Zones
14. Auditing of Revenues and Expenditures of the Unemployment Insurance Fund
15. Wealth and Asset Investigations
16. Request and Evaluation of Forms for Postponement and Dividing into Installments of Payments
17. Services Regarding Cancellation Due to Natural Disasters
18. Inventory Valuation
19. Certification Services for Public Land Allocation Operations

Payment Transactions of Radio and Television Higher Council Contributions paid as per Law no. 3984 on Establishment of Radio and Television Higher Council and Broadcasts

1. Televisions

• National / Regional Televisions
• Local Televisions

             2. Radios

• National / Regional Radios
• Local Radios
•  

Other Services and Transactions by Sworn-in Tax Advisors

1. Establishment services
2. Amendments
3. Consulting Services
4. Disputes and Settlements
5. Arbitration
6. Accounting Audits by Capital Markets Board, Energy Markets Regulatory Authority, Banking Regulation and Supervision Agency and Other Authorities 
7. Independent Auditing Services
8. Audit of Consolidated Financial Statements
9. Assessment and Evaluation of Drug Prices
10. Investigation for Social Security Authority Clearance Certificate
11. Independent Auditing by the Ministry of Agriculture and Rural Affairs