Post by amina147 on Mar 8, 2024 19:54:45 GMT -8
The to various methods. However the order of entry into the relevant account FIFO method must be taken as basis in determining the foreign exchange difference income that will be subject to exemption in foreign currency outflows within the period and in calculating the exemption amount. On the other hand if the foreign currencies included in the Banks Account of the balance sheet dated. consist of more than one foreign currency deposit account the foreign currency deposit accounts for currencies that can be converted within the framework of the temporary article of the KVK and the relevant regulation of the CBRT will be taken into account together in determining the exemption amount will be taken.
Since foreign exchange deposit accounts in the same foreign currency will be taken into account together in the exemption calculation transfer transactions between these accounts will not be considered Austria Phone Numbers List entry and exit. IV. Exemption Application for Foreign Currencies Converted to Turkish Lira from the End of the Submission Date of the Declaration for the Provisional Taxation Period to. If corporate taxpayers convert their foreign currencies in their balance sheets dated. into Turkish Lira deposit and participation accounts from the date of submission of the declaration for the fourth provisional taxation period until.
Within the period and in the manner stipulated in the Law Exchange rate difference gains for the period from the beginning of the provisional taxation period which includes the date on which foreign currencies are transferred to Turkish Lira deposit and participation accounts until the opening date of the Turkish Lira deposit and participation account Interest income and dividends accrued as of the end of the periods including provisional taxation periods ending on the date before maturity of the said Turkish Lira deposit and participation accounts Interest dividend income and other earnings obtained from these accounts at the end of maturity It will be exempt from corporate tax.
Since foreign exchange deposit accounts in the same foreign currency will be taken into account together in the exemption calculation transfer transactions between these accounts will not be considered Austria Phone Numbers List entry and exit. IV. Exemption Application for Foreign Currencies Converted to Turkish Lira from the End of the Submission Date of the Declaration for the Provisional Taxation Period to. If corporate taxpayers convert their foreign currencies in their balance sheets dated. into Turkish Lira deposit and participation accounts from the date of submission of the declaration for the fourth provisional taxation period until.
Within the period and in the manner stipulated in the Law Exchange rate difference gains for the period from the beginning of the provisional taxation period which includes the date on which foreign currencies are transferred to Turkish Lira deposit and participation accounts until the opening date of the Turkish Lira deposit and participation account Interest income and dividends accrued as of the end of the periods including provisional taxation periods ending on the date before maturity of the said Turkish Lira deposit and participation accounts Interest dividend income and other earnings obtained from these accounts at the end of maturity It will be exempt from corporate tax.
