commercial earning – Muhasebe News https://www.muhasebenews.com Muhasebe News Thu, 16 Aug 2018 07:25:03 +0000 en-US hourly 1 https://wordpress.org/?v=6.3.3 Be Careful While Paying or Getting Money! https://www.muhasebenews.com/en/be-careful-while-paying-or-getting-money/ https://www.muhasebenews.com/en/be-careful-while-paying-or-getting-money/#respond Fri, 17 Aug 2018 15:00:39 +0000 https://www.muhasebenews.com/?p=19360 As stated below;
1- First and second class merchants,
2- The one whose commercial earnings is acquired on simple earnings basis,
3- Farmers who have to keep book,
4- Freelancer,
5- Artisan who is exempt from tax are supposed to certify commercial transactions carried out between themselves and receipts and payments valuing at more than 7.000 TL collected as goods and service charge from customers with documents prepared by banks, related finance institutions or postal authorities.

Source: Communique on Tax Procedure Law

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.

]]> https://www.muhasebenews.com/en/be-careful-while-paying-or-getting-money/feed/ 0 Are the Profits made from congresses held extrinsically in Turkey by limited taxpayer companies subject to tax? https://www.muhasebenews.com/en/are-the-profits-made-from-congresses-held-extrinsically-in-turkey-by-limited-taxpayer-companies-subject-to-tax/ https://www.muhasebenews.com/en/are-the-profits-made-from-congresses-held-extrinsically-in-turkey-by-limited-taxpayer-companies-subject-to-tax/#respond Fri, 31 Mar 2017 07:22:59 +0000 https://www.muhasebenews.com/?p=12446 If limited taxpayer companies (which have no office or permanent representative in Turkey and cannot make profit through an office or a permanent representative) make profit from international congresses held in Turkey, their profit will not be regarded as commercial earning; it will be regarded as an incidental income and then be taxed.

Accordingly, if limited taxpayer companies make profit (it should be subject to tax) from incidental income, those companies should make a notice with a special declaration within 15 days after the date of acquisition.

Source: Corporate Tax Law

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.

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