The term "tarh" in tax law is commonly used in Turkish and can be translated to "assessment" or "levy" in English. It generally refers to the process of determining, calculating, announcing, and notifying a tax to the taxpayer. Tax liabilities are assessed for a specific period according to the relevant tax legislation.
In the context of taxation, the "tarh" process involves calculating the tax amount by multiplying the tax base and tax rate for a specific type of tax. This calculation is performed by the tax administration, which has the authority to levy taxes.
For example, income tax assessment involves calculating the tax amount based on multiplying an individual's or a corporation's earned income by a specific tax rate. Similarly, Value Added Tax (VAT) assessment involves determining the tax by multiplying the tax base of a sold good or service by a specified rate.
Once the tax is assessed, it is communicated to the taxpayer, and the payment process is initiated. The taxpayer is obligated to pay the assessed tax within a specific period, following the legal calendar and procedures determined by the tax administration.
In summary, the term "tarh" in taxation refers to the initiation, calculation, and announcement of tax liabilities.
