Amortization under the provisions of the Tax Procedure Law; amortizations in the available assets and receivables

The value of the economic assets over a certain amount registered as an asset to maintain the activities of the enterprises can be expensed according to the useful life determined by the Ministry of Finance. Expenditure elements are important for profit-maximizing business enterprises. Accurately calculating the amortization expense of taxpayers is important for the accurate calculation of the costs of the registered assets, in the determination of commercial income, for the correct management of investment decisions and financial statements. For this reason, in our thesis, basic information about the rules of application of amortization in the framework of legal regulations in our country and the application principles in special cases is mentioned. Commercial companies may allocate amortization to its existing assets, which are usable for more than one year, which are subject to wear, tear and fall from value, as well as amortization for receivables that appear to be impossible or doubtful. While the basic regulations regarding the amortization allocation are included in the Tax Procedure Law items, in cases where the law is insufficient, the implementation has been directed considering the notifications and the special instructions. This work is based on legal legislation and considering previous studies in this field. Due to the high number of special features in the application of amortization and the complexity of such regulations, this right given to taxpayers by tax laws is incomplete or misapplied by insufficient legislative information and accounting experience and it seems that taxpayers have suffered loss due to lack of compensation in the following periods according to periodicity principle. In order to reduce taxpayers' grievances to the greatest extent in the application of depreciation, in the fourth section of our thesis, a number of solution proposals are mentioned. The determination of the amortization rate to be applied at present can be made as seperation such as sectoral, general, production and non-production economic assets, or the period determined by the taxpayer for the economic assets whose useful life is not determined by the Ministry of Finance. Turkey Accounting Standards can be harmonized with the provisions of the Tax Act. All the specific features of tax legislation related to depreciation can be collected in a single statement. Keywords: Amortization, Amortizations In The Available Assets, Amortizations In Receivables, Useful Life, Uncollectible Receivables, Doubtful Debts