insurance policy – Muhasebe News https://www.muhasebenews.com Muhasebe News Thu, 16 Aug 2018 07:16:37 +0000 en-US hourly 1 https://wordpress.org/?v=6.3.4 Are Delayed Payments Subject to Discount? https://www.muhasebenews.com/en/are-delayed-payments-subject-to-discount/ https://www.muhasebenews.com/en/are-delayed-payments-subject-to-discount/#respond Thu, 16 Aug 2018 13:00:32 +0000 https://www.muhasebenews.com/?p=14366 1- ARE UNPAID PREMIUMS SUBJECT TO DISCOUNT ACCORDING TO INCOME TAX LAW?
According to the amendments made in article 89 and 63 of the Income Tax Law, unpaid premiums cannot be subject to discount even if there is insurance policy.

2- ARE UNPAID PREMIUM PAYMENTS SUBJECT TO DISCOUNT?
Unpaid Premium payments are not subject to discount when determining the tax assessment of the related period (payment by making amendment).

Source: Income Tax Law

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