The situation of construction and repair works lasting years against international standards and Tax Procedure Law and an application example

The construction sector has an important place in the economy of our developing country, as in every country. Because; by sector, construction contributes to hundreds of forward and backward sectors. The construction sector, which is very important especially in our country's economy, becomes an indispensable element of the states, especially in times of economic crisis. In times of crisis, decision makers increase their support in the field of construction and give priority to developments in this field in order to eliminate the economic stagnation. In this way, they aim to prevent a possible recession by keeping both employment and forward and backward sectors alive. The importance of the construction sector in our country, which has importance in all countries of the world, has been increasing in recent years. The fact that the public projects (highway, bridge, etc.) that should be done by the state are made by contractor companies, clearly demonstrates this importance. In recent years, dozens of projects in our country have been made or continue to be carried out by the private sector with the public-private partnership (COD) method. These projects, due to their importance and size, are completed as a result of a construction process that takes years. Beneficiaries such as investors, beneficiaries and stakeholders; In order to reach accurate financial information, they benefit from the financial statements of the companies that do the contracting business. The purpose of the financial statements is to present the correct information in a transparent and understandable way to the beneficiaries so that they can make decisions. Financial statements are prepared and presented to users in different ways within the scope of tax legislation and international standards in construction and repair works common to those years. The aim of this thesis is to present the differences, benefits and losses regarding the taxation and accounting of construction and repair works, which are widespread for years, in terms of tax legislation and international standards, and to make a proposal for the elimination of this difference.