Put Equity Share in Writing and Do Not Pay Taxes While Selling It!

Make Use of Putting Equity Shares of Corporations in Writing!

WHAT ARE THE ADVANTAGES OF PUTTING EQUITY SHARES OF CORPORATIONS IN WRITING?

*If equity shares of corporations are sold off by gaining profit 2 years later after putting them into writing, they are not subject to income tax no matter how much the earnings cost.

Sample: A Corporation which had a sole stockholder and whose authorized capital was 50.000 TL put bearer stock in writing in 15.02.2014 and delivered it to the sharer.

The sharer sold his/her equity shares off in exchange for 2.000.000 TL in 16.06.2016. The sharer gained profit valuing at 1.950.000 TL by selling these equity shares off and he/she would not pay income tax.

Unless these equity shares are put in writing, the sharer should pay income tax valuing of 674.250 TL for the income valuing at 1.950.000 TL.

-In order to make use of these advantages, after the establishment of Corporation, subscribed capital should be paid and soon after the equity shares should be put in writing. The last condition is 2-year waiting period.