Post by amina147 on Mar 4, 2024 2:35:11 GMT -8
With the change made in the temporary article 76 of the Income Tax Law, the application period of the exemption that exists in terms of income and corporate taxes for the gains arising from the disposal of product bills issued within the scope of the Agricultural Products Licensed Warehousing Law and which will expire as of 31.12.2023, has been extended until 31.12.2028. . The change in question entered into force on 28.12.2023, when Law No. 7491 was published in the Official Gazette. Regulations Made Regarding the Corporate Tax Law (KVK) Corporate Tax Exemption Has Been Granted to Katılım Finans Kefalet A.Ş. With the amendment made in Article 4 of the Corporate Tax Law titled "Exemptions", corporate tax exemption has been granted to Katılım.
Finans Kefalet Anonim Şirketi, which is a partner of participation banks and was established to provide guarantee for all kinds of financing in accordance with the principles and principles of participation banking. The change in Austria Phone Numbers List question entered into force on 28.12.2023, when it was published in the Official Gazette, to be applied to earnings earned as of 01.01.2024. It is Allowed to Apply the Exemption at a Ratio of 50% to Participation Earnings Obtained from Foreign Affiliates That Do Not Meet Certain Conditions According to Article 5/1-b of the Corporate Tax Law titled "Exceptions", from the profits obtained by institutions participating in the capital of joint stock and limited companies whose legal and business headquarters are not in Turkey; The company holding the subsidiary share must own at least 10% of the paid-in capital of the foreign subsidiary.
Holding the participation share uninterruptedly for at least one year as of the date of earning, Foreign subsidiary earnings carry a total tax burden similar to income and corporate tax of at least 15% in accordance with the tax laws of the country in which the participating institution operates, including taxes paid on the earnings that are the source of dividend distribution, Transfer of the participation income to Turkey until the date on which the corporate tax return for the accounting period in which it is earned must be submitted. If the conditions are met together, the corporate earnings can be deducted as a participation earnings exemption. With the amendment made in Article 5/1-b of the Corporate.
Finans Kefalet Anonim Şirketi, which is a partner of participation banks and was established to provide guarantee for all kinds of financing in accordance with the principles and principles of participation banking. The change in Austria Phone Numbers List question entered into force on 28.12.2023, when it was published in the Official Gazette, to be applied to earnings earned as of 01.01.2024. It is Allowed to Apply the Exemption at a Ratio of 50% to Participation Earnings Obtained from Foreign Affiliates That Do Not Meet Certain Conditions According to Article 5/1-b of the Corporate Tax Law titled "Exceptions", from the profits obtained by institutions participating in the capital of joint stock and limited companies whose legal and business headquarters are not in Turkey; The company holding the subsidiary share must own at least 10% of the paid-in capital of the foreign subsidiary.
Holding the participation share uninterruptedly for at least one year as of the date of earning, Foreign subsidiary earnings carry a total tax burden similar to income and corporate tax of at least 15% in accordance with the tax laws of the country in which the participating institution operates, including taxes paid on the earnings that are the source of dividend distribution, Transfer of the participation income to Turkey until the date on which the corporate tax return for the accounting period in which it is earned must be submitted. If the conditions are met together, the corporate earnings can be deducted as a participation earnings exemption. With the amendment made in Article 5/1-b of the Corporate.
