Tax Organization Interest in XBRL GL
XBRL GL was designed to be generic and holistic, and serve as a bridge between transaction space and reporting. As such it has gained interest from many sectors, including tax administrators in OASIS (organization) and the Organisation for Economic Co-operation and Development (OECD). XBRL GL has been adopted by the Turkish government for the standard for electronic bookkeeping for tax purposes. XBRL GL uniquely can track and reconcile the book-tax differences found in direct taxation regimes, including permanent and timing differences.
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