Post by amina147 on Mar 9, 2024 0:20:25 GMT -5
The determination of period earnings and can be withdrawn from the business without being taken into account in determining taxable income and distributable income for corporations provided that years have passed from the date of notification or declaration. . The Right to Apply for Existence Reconciliation for Those Who Are Not Liable Those who are not subject to income and corporate tax will be able to benefit from the asset reconciliation arrangement without requiring any other conditions other than declaration conditions such as recording in the books.
It is mandatory for them to document assets other than real estate by depositing them in banks or intermediary institutions as of the declaration date at the latest. Notified Value of Assets In both reporting the assets located abroad to banks or intermediary institutions and declaring the assets located in the country to the tax offices the assets will be valued with the Austria Phone Numbers List following valuation criteria as of the date of notification or declaration Currency in Turkish lira with its nominal value Gold at market value Foreign exchange with the Central Bank of the Republic of Turkey foreign exchange buying rate Securities and other capital market instruments Shares are sold at their stock market price.
If any or at their current price if this price is not available at their purchase price if this price cannot be determined and at their nominal value if the purchase price is not known. Debt instruments such as bonds bonds and eurobonds must be purchased at their current market price if available at their market price if this price is not available at their cannot be determined and at their nominal value if the purchase price is not known. Mutual fund participation shares are sold at the closing price determined in the relevant market. Derivative instruments such as futures and option contracts are sold at their stock market price if available at.
It is mandatory for them to document assets other than real estate by depositing them in banks or intermediary institutions as of the declaration date at the latest. Notified Value of Assets In both reporting the assets located abroad to banks or intermediary institutions and declaring the assets located in the country to the tax offices the assets will be valued with the Austria Phone Numbers List following valuation criteria as of the date of notification or declaration Currency in Turkish lira with its nominal value Gold at market value Foreign exchange with the Central Bank of the Republic of Turkey foreign exchange buying rate Securities and other capital market instruments Shares are sold at their stock market price.
If any or at their current price if this price is not available at their purchase price if this price cannot be determined and at their nominal value if the purchase price is not known. Debt instruments such as bonds bonds and eurobonds must be purchased at their current market price if available at their market price if this price is not available at their cannot be determined and at their nominal value if the purchase price is not known. Mutual fund participation shares are sold at the closing price determined in the relevant market. Derivative instruments such as futures and option contracts are sold at their stock market price if available at.