Özet:

The Turkish tax and accounting system was established on periodicity concept. But there are some exceptions. The starting and ending of a work in the construction sector was subject to a special taxation because of spreading more than one year and it created one of the exceptions of periodicity concept. Construction contract spreads more than one year so income and expenses of a work result in different years. Because of that when and how the costs and expenses will be recognized and when the taxation will be treated have importance. Total cost and total revenue that is gained from these works must be clear to find out tax assessment. Revenue can just be clear at the end of a work. Legal records that will be signed to the reserves during work and at the end of work requires special accounting knowledge peculiar to these works for the accountant. This study discusses finding cost of long-term construction contract and repair work, taxing, accounting practice within the framework of tax acts and uniform chart of accounts

Anahtar Kelimeler: