Which Discounts cannot be made in the detection of profit of company of limited liability to tax?

In the detection of profit of the companies which have limited liability to tax, provisions which are valid for the legally obligated companies, will be imposed.

1- Which Discounts cannot be made in the detection of profit of company of limited liability to tax?

In the detection of profit of company of limited liability to tax, making of above mentioned discounts cannot be accepted.

Interests given to the headquarters or to the branches except for locating in Turkey, for the sales and purchases for these institutions.

Except for the shares decided according to the allocation keys, which are decided according to the suitability principle of the detection of the profit in an institution located in Turkey, the shares separated for joining in the general administration expenses or loss of the branches located out of Tukey.

***Capital or Elective franchise is not necessary for the debts of the companies which have a limited tax liability.

2-How participation stocks are registered in transfer of the company?

Participation stocks given by the companies which carry out company transferring, is registered to the account of the branch located in Turkey.

***About the business or agriculture income of the companies except for the profits of the companies which have limited liability, provisions of corporate tax law will be implemented. However, if these profits and other incomes and earnings are attained in the scope of the trade operated in Tukey, company profit will be decided according to the tax law article number 1.