Post by amina147 on Mar 6, 2024 1:19:20 GMT -6
As you may remember with the regulations made in Laws No. and and the temporary article of the KVK; If the foreign currencies included in the balance sheet dated.. are converted into Turkish lira until.. and the Turkish lira asset obtained by conversion is evaluated in Turkish lira deposit and participation accounts with at least three months maturity the maturity of these accounts including those arising from the end-of-period valuation. Exemption of interest dividends and other earnings from corporate taxes Authorizing the President to apply the said exemption separately or together for foreign currencies in the balance sheets of institutions as of the end of each provisional tax or annual accounting period until.
If the accounts converted into Turkish lira are renewed in accordance with the Central Bank regulations at the end of maturity valid until the end of the exception will also be applied to the renewed accounts. was provided. Our explanations regarding the said legal regulation were included in our Guide number dated.. and our Guide number dated... KKM application is Austria Phone Numbers List managed by the Central Bank of the Republic of Turkey CBRT and the CBRT periodically updates the accounts of legal entities that can be included in the exchange rate protected deposit KKM system on a future date for the purpose of extending the system. In this context with the Communiqué on the Amendment of the Communiqué No. on Supporting the Conversion to Turkish Lira Deposit and Participation Accounts Number: published in the Official Gazette dated.
Domestic legal entities It was now possible to convert account balances in US dollars Euros and British pounds existing in banks at any time between.. and.. into Turkish lira using the conversion rate. Our Announcement No. dated.. In order for the said period which was extended by the CBRT until.. to have consequences in terms of corporate tax exemption a new Presidential Decree had to be published. requirement with the Presidential Decree No. published in the Official Gazette dated.. the foreign currencies in the balance sheets of the institutions dated.. should be converted into Turkish lira by the end of and the Turkish lira asset obtained by conversion should be converted into at least three If invested in monthly maturity.
If the accounts converted into Turkish lira are renewed in accordance with the Central Bank regulations at the end of maturity valid until the end of the exception will also be applied to the renewed accounts. was provided. Our explanations regarding the said legal regulation were included in our Guide number dated.. and our Guide number dated... KKM application is Austria Phone Numbers List managed by the Central Bank of the Republic of Turkey CBRT and the CBRT periodically updates the accounts of legal entities that can be included in the exchange rate protected deposit KKM system on a future date for the purpose of extending the system. In this context with the Communiqué on the Amendment of the Communiqué No. on Supporting the Conversion to Turkish Lira Deposit and Participation Accounts Number: published in the Official Gazette dated.
Domestic legal entities It was now possible to convert account balances in US dollars Euros and British pounds existing in banks at any time between.. and.. into Turkish lira using the conversion rate. Our Announcement No. dated.. In order for the said period which was extended by the CBRT until.. to have consequences in terms of corporate tax exemption a new Presidential Decree had to be published. requirement with the Presidential Decree No. published in the Official Gazette dated.. the foreign currencies in the balance sheets of the institutions dated.. should be converted into Turkish lira by the end of and the Turkish lira asset obtained by conversion should be converted into at least three If invested in monthly maturity.