Chargeable event for value added tax

The most important element of taxation is chargeable event. In taxation, both payment obligations for taxpayer and payment claim by government require the existence of chargeable event. Chargeable event has importance in many respects such as prescription and document order. The Turkish Value Added Tax (VAT) was introduced in order to adopt the Turkish tax system with the EU legislation in the membership process to EU. It is the most efficient tax on the grounds of both revenue generation and collection. Since VAT is a document-based tax, it is also an auto-control instrument. Determining the period in which chargeable event takes place is important to increase efficiency of taxation. Chargeable event in the Turkish VAT has parallel sentences as they are in the 6. Council directive of the EU. Chargeable event arises when supply of good and service takes place and import is realized. In this study, focus is on chargeable event. The aim of this study is revealing how chargeable event takes place in order to secure tax claim by depending on some tax security institutions except for supply of good and service. In this context, chargeable event in the Turkish VAT is conveyed after chargeable event concept. Finally, some problems related to chargeable event in implementation process and solutions to those problems are discussed.