Author(s): Özgür EK?N SUCU

During the credit sales transactions, the companies have to distinguish between the maturity difference amount and the sales amount according to the international accounting standards. According to the Value Added Tax Law, the maturity difference is regarded as a situation creating added value and VAT is calculated on this amount. There is no impact on the profits of the entity as it is tax-qualified on behalf of the state in accordance with the value-added tax feature, but the entity obtains the VAT on the buyer's purchase from the buyer in exchange for this amount in advance. In the study, the effects of this situation are demonstrated with examples of applications and the difference between the term and the cash sale transactions of the enterprises and the importance of this difference with respect to the profit of sale are examined. It was seen that due to the futures sale transaction, there was a situation against the company and this situation increased further with the increase of the maturity term or the interest rate.


You can send your paper at Online Submission System

  • The Journal of International Social Research / Uluslararası Sosyal Araştırmalar Dergisi ISSN: 1307-9581, an international, peer-reviewed, on the web publication, from 2007 will be issued least four times annualy.
  • Our journal is an independent academic publication based on research in social sciences, contributing to its field and trying to publish scientific articles that will bring innovation to the original and social sciences.
  • The journal has got an international editorial board and referee board, mainly embodied from the each individually professional on the social research fields.
  • Uluslararası Sosyal Araştırmalar Dergisi / The Journal of International Social Research became a member of Cross Reff since 2014 and started to assign DOI numbers to the articles. image
Google Scholar citation report
Citations : 7760

The Journal of International Social Research received 7760 citations as per Google Scholar report

The Journal of International Social Research peer review process verified by publons
Get the App