The most frequent mistake in an official announcement invoice is issuing it without deducting the commission. Article 27 governs that expressly.
The Full Text of the Article - Art. 27/1
Newspapers and internet news sites must issue an invoice over the amount remaining after deducting the Agency's commission from the amount calculated, for the official announcements they publish, according to the principles and measures stated in the Official Announcement Price Tariff and, for all periodicals in respect of private announcements and advertisements, over the tariffs determined by themselves.
| Type of announcement | Basis of the amount | Invoice amount |
|---|---|---|
| Official announcement | The Official Announcement Price Tariff | The calculated amount less the Agency's commission |
| Private announcement and advertisement | The tariff determined by the periodical itself | The calculated amount less the Agency's commission |
The Commission Rate
The Agency's commission rate is governed in Art. 116. We cover the detail in the commission guide.
The Definition of an Invoice - Art. 4/e
Invoice: the invoice issued under Tax Procedure Law No. 213 of 4/1/1961.
The Consequence of a Contravention - Art. 27/2
The application of a sanction under the relevant statutes because an invoice was issued contrary to the tariffs stated or to the other principles determined in this Regulation, or was not issued at all, does not prevent action being taken under Article 49 of Law No. 195.
Accounting: The Balance Sheet Basis - Art. 28
Newspapers and internet news sites must arrange their accounts on the balance sheet basis.
How Is the Price Tariff Determined?
The Official Announcement Price Tariff is put into force by a Presidential Decision and determines the fees on a column-centimetre and word basis. We cover the detail in the pricing guide and the tariff archive.
Payment of the Amount
The procedures of payment are governed by a decision of the General Assembly. We cover the detail in the payment guide.
The Sectoral Books - Art. 37
Newspapers also keep records specific to the sector. We cover the detail in the sectoral ledger guide.
A Checklist
- Was the official announcement amount calculated according to the Official Announcement Price Tariff?
- Was the Agency's commission deducted in the invoice?
- Was your own tariff taken as a basis for private announcements and advertisements?
- Does the invoice comply with Tax Procedure Law No. 213?
- Are the accounts kept on the balance sheet basis?
Summary
Newspapers and internet news sites must issue an invoice over the amount remaining after deducting the Agency's commission from the amount calculated, for official announcements according to the principles and measures in the Official Announcement Price Tariff and for private announcements and advertisements over their own tariffs. Issuing an invoice contrary to the tariffs, or not issuing one at all, does not prevent action being taken under Art. 49 of Law No. 195.