Post by account_disabled on Mar 11, 2024 4:50:56 GMT
The the Turkish currency in accordance with Article of the Tax Procedure Law. ECONOMIC ASSETS SUBJECT TO DEPRECIATION TO BE SUBJECT TO REVALUATION Income and corporate taxpayers subject to full liability can benefit from this application for immovable properties registered as assets and economic assets subject to depreciation as of . Since the immovable properties to be revalued do not have to be economic assets subject to depreciation vacant lands and plots can also be revalued. Commodity assets such as real estate stocks of construction companies are not included in the scope of application.
Economic assets subject to sellleasebuyback transactions or lease certificate issuance and commodity assets recorded in the assets of those who are constantly engaged in the purchase sale and construction of economic assets for this purpose will not be subject to revaluation. Since the economic Ecuador Mobile Number List assets leased by the businesses within the scope are not in the nature of commodities it is possible for them to be subject to revaluation. REVALUATION APPLICATION WILL BE MADE ON THE VALUES IN THE LEGAL BOOK RECORDS. Revaluation will be made based on the values of economic assets and their depreciations if any in the legal book records as of If depreciation.
or economic assets subject to depreciation is allocated incompletely or not at all in any year the value to be taken as basis for revaluation will be determined by assuming that these depreciations are fully allocated. In addition expenses transferred to the cost and loan interest and exchange rate differences included in the cost are also included in the scope of revaluation. IT IS OPTIONAL TO BENEFIT FROM THE REVALUATION APPLICATION individual business owner income taxpayers and corporate taxpayers including collective ordinary limited and ordinary companies that are subject to full liability and keep books on a balance sheet basis have the right to revaluate their economic assets recorded.
Economic assets subject to sellleasebuyback transactions or lease certificate issuance and commodity assets recorded in the assets of those who are constantly engaged in the purchase sale and construction of economic assets for this purpose will not be subject to revaluation. Since the economic Ecuador Mobile Number List assets leased by the businesses within the scope are not in the nature of commodities it is possible for them to be subject to revaluation. REVALUATION APPLICATION WILL BE MADE ON THE VALUES IN THE LEGAL BOOK RECORDS. Revaluation will be made based on the values of economic assets and their depreciations if any in the legal book records as of If depreciation.
or economic assets subject to depreciation is allocated incompletely or not at all in any year the value to be taken as basis for revaluation will be determined by assuming that these depreciations are fully allocated. In addition expenses transferred to the cost and loan interest and exchange rate differences included in the cost are also included in the scope of revaluation. IT IS OPTIONAL TO BENEFIT FROM THE REVALUATION APPLICATION individual business owner income taxpayers and corporate taxpayers including collective ordinary limited and ordinary companies that are subject to full liability and keep books on a balance sheet basis have the right to revaluate their economic assets recorded.