100 value-added tax is a type of tax applied in many sectors in our country. However, in some cases, not all of this tax but a part of it may need to be withheld. This is called partial withholding application.
Partial withholding application is a method commonly used in certain sectors. With this method, only a certain percentage of the value-added tax is withheld instead of the whole tax. This withholding is paid to the tax office by taxpayers operating in the relevant sector.
Partial withholding application is often used in sectors such as construction, retail sales, and vehicle rental. This practice makes the process of preparing and paying tax returns easier. Additionally, the tax office's ability to monitor taxpayers is increased.
In conclusion, partial withholding application is a practice where only a certain percentage of the value-added tax is withheld in certain sectors. This practice makes the process of preparing and paying tax returns easier, and also increases the tax office's ability to monitor taxpayers.