Assesment on contributions of banks to tax revenues in Turkey

In this study, contributions of banks to tax revenues are examined. Overall, basic financial liability of all commercial enterprises is limited to taxpayer?s liability and as a taxpayer. However, the fact that banks are on the core of money flows and best use of developing technology make them essential for not only economic system but also financial system. The most remarkable feature of banking transactions is that they are registered. This case makes them an important tool for monitoring and collecting tax revenues. Besides, it entails higher use of banking system in determining tax policies.In conclusion, the projects to be designed by Revenue Administration in order to use banking sector in a more efficient and versatile way will make a positive impact on the performance of Revenue Administration with regards to tax administration and collection. Besides using banking system will provide an advantage in terms of tax audit, tax collection costs and tax effectiveness.