Home Tax Income Tax Exemption in Exhibitions and Kermises!

Income Tax Exemption in Exhibitions and Kermises!

1434
0

1-WHO ARE SUBJECT TO INCOME TAX EXEMPTION IN EXHIBITIONS AND KERMISES ACCORDING TO INCOME TAX LAW?
That exemption is applied to the limited taxpayers on condition that there shouldn’t be any other agencies and resident representatives in Turkey.

2- WHICH INCOMES ARE SUBJECT TO EXHIBITION AND KERMIS EXEMPTION?
People who are regarded as Limited taxpayers;
2.1- Incomes acquired by commercial activities in exhibitions and kermises organized with the permission of the government,
2.2- Incomes acquired from professional services offered in these exhibitions and kermises are exempted from Income Tax.

Source: Income Tax Law

Date: 20 March 2017

Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.

Previous articleClosure Ratification of Limited Companies’ Books
Next articlePut Equity Share in Writing and Do Not Pay Taxes While Selling It!

LEAVE A REPLY

Please enter your comment!
Please enter your name here