Post by account_disabled on Mar 10, 2024 6:20:41 GMT
The be considered as a loss. Exemptions Added to the Corporate Income Tax Law With the nd article of the said Law the temporary article is added to the Corporate Income Tax Law. According to said article their foreign currencies in foreign currency deposit and participation accounts into Turkish Lira until the date of filing the declaration for the IV provisional tax period and evaluate the Turkish Lira assets thus obtained in Turkish Lira deposit and participation accounts with a maturity of at least three months the portion of the foreign exchange gains corresponding to the last three months in periodend valuation will be exempt from corporate tax the portion corresponding to the period between.
In addition foreign currency gains on the date the foreign currency assets are converted into Turkish Lira as well as interest and profit shares at the end of maturity are exempt from corporate tax. In the case that the Ecuador Mobile Number List institutions convert the foreign currencies in their balance sheets dated . into Turkish Lira at the conversion rate until the end of within the scope of supporting the conversion of foreign currencies and convert them into Turkish Lira deposit and participation accounts with a maturity of at least three months the earnings from these accounts including interest dividend support payments made by the Central.
Bank of the Republic of Turkey will be exempt from corporate tax. In the case that the institutions convert the assets in their gold accounts and the gold account balances in return for processed and scrap gold into Turkish lira at the conversion price and evaluate the Turkish lira asset thus obtained within the minimum periods specified in the article including the corporate income generated on the date the gold is converted into Turkish lira and those resulting from the periodend valuation the interest and profit shares obtained from the accounts.
In addition foreign currency gains on the date the foreign currency assets are converted into Turkish Lira as well as interest and profit shares at the end of maturity are exempt from corporate tax. In the case that the Ecuador Mobile Number List institutions convert the foreign currencies in their balance sheets dated . into Turkish Lira at the conversion rate until the end of within the scope of supporting the conversion of foreign currencies and convert them into Turkish Lira deposit and participation accounts with a maturity of at least three months the earnings from these accounts including interest dividend support payments made by the Central.
Bank of the Republic of Turkey will be exempt from corporate tax. In the case that the institutions convert the assets in their gold accounts and the gold account balances in return for processed and scrap gold into Turkish lira at the conversion price and evaluate the Turkish lira asset thus obtained within the minimum periods specified in the article including the corporate income generated on the date the gold is converted into Turkish lira and those resulting from the periodend valuation the interest and profit shares obtained from the accounts.