Turnover of Million TL and Above

The subject to withholding tax as a new tax security institution. It is understood that the regulation aims to prevent the company from distributing profits taxfree by acquiring its own shares to prevent fund transfers and to prevent the companys partners from weakening their equity capital by buying shares at high prices and selling them at low prices. The fact that the practice is also valid for fullyfledged taxpayer companies that acquire their own shares in good faith may cause grievance for these companies. On the other hand considering.

That the dividend payments made to full taxpayer institutions and limited taxpayer institutions that obtain dividends through a workplace or permanent representative in Turkey are not subject to tax withholding withholding is imposed on these taxpayers even if the partners of the company that acquires their shares are full taxpayer institutions. It will cause the exception application Ecuador Mobile Number List in the relevant legal regulation to be disabled. Finally the inability to deduct the withholding calculated on the amounts included in the regulation and considered as dividends from the income tax returns of real persons or from the tax to be paid by corporate taxpayers.

In their corporate tax returns may lead to double taxation NNOUNCEMENT . BRSA Decision on the Extension of the Rating Obligation Period for Credit Use by Companies Other than Banks and Financial Institutions with a With the BRSA Decision dated . a rating authorized by the Board will be issued until . in order for companies other than banks and financial institutions whose total risk in the banking sector including the requested loan is million TL and above according to the most uptodate information at the Risk Center of the Banks Association of Turkey to use loans. The obligation to obtain a rating from the institution has been postponed. With the Regulation on Amendments to the Regulation on Credit Transactions.