Post by amina147 on Mar 7, 2024 10:41:42 GMT
The terms of both strengthening the equity structure and the tax deduction of the amounts calculated on the capital increased in cash in each period. GENERAL DESCRIPTIONS According to the interest deduction application in cash capital increase regulated in subparagraph i of the st paragraph of Article of the Corporate Tax Law No. As of. excluding institutions operating in the finance banking and insurance sectors and public economic enterprises Cash capital increases in the paid or issued capital amounts of capital companies registered in the trade registry within the relevant accounting period In newly established capital companies over the cash portion of the paid capital.
Taking into account the weighted annual average interest rate applied to TLdenominated commercial loans opened by banks which was last announced by the Central Bank of the Republic of Turkey CBRT for the year in which the discount was benefited of the amount calculated until the end of the relevant accounting period Provided that it is shown separately Austria Phone Numbers List on the corporate tax return that a deduction can be made from the corporate income. The regulation in question has been introduced for the purpose of strengthening the capital structures of capital companies and in calculating the amount to be subject to discount the cash capital increases in the paid or issued capital amounts registered in the trade registry as of. or the portion of the paid capital covered in cash in newly established capital companies as of this date.
The calculated amounts will be taken into account. Therefore Capital increases resulting from transfers of assets other than cash to capital companies Capital increases resulting from capital companies being a party to merger transfer and division transactions Capital increases resulting from the addition of equity items in the balance sheet to capital Capital increases made by partners or persons related to partners within the scope of Article of the Corporate Tax.
Taking into account the weighted annual average interest rate applied to TLdenominated commercial loans opened by banks which was last announced by the Central Bank of the Republic of Turkey CBRT for the year in which the discount was benefited of the amount calculated until the end of the relevant accounting period Provided that it is shown separately Austria Phone Numbers List on the corporate tax return that a deduction can be made from the corporate income. The regulation in question has been introduced for the purpose of strengthening the capital structures of capital companies and in calculating the amount to be subject to discount the cash capital increases in the paid or issued capital amounts registered in the trade registry as of. or the portion of the paid capital covered in cash in newly established capital companies as of this date.
The calculated amounts will be taken into account. Therefore Capital increases resulting from transfers of assets other than cash to capital companies Capital increases resulting from capital companies being a party to merger transfer and division transactions Capital increases resulting from the addition of equity items in the balance sheet to capital Capital increases made by partners or persons related to partners within the scope of Article of the Corporate Tax.