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Foreign currency reserves in Turkey decreased by 4.7 percent, while gold...

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Foreign currency reserves in Turkey decreased by 4.7 percent, while gold reserves increased by 2.4 percent According to the news published by Central Bank of...

Assets in Turkey increased by USD 1 million, while liabilities decreased...

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Assets in Turkey increased by USD 1 million, while liabilities decreased by USD 1,502 million in November 2019 According to the news published by Central...

Is someone who took over the share of a company required...

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…We took over all the shares of a limited company which has a single partner. Shares are also taken over by a single person,...

Is there stoppage in license fee paid in abroad?

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According to the Corporate Tax Law no.5520, article number no.30 regulating tax paying conditions, without paying attention to commercial or agricultural earning; 1- Copyright’s 2- Prerogative’s 3- Invention’s 4- Management’s 5- Commercial Name’s 6- Brand’s and...

Rules and Procedures in Regard to Preparing Consolidated Financial Statements

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What are Consolidated Financial Statements? What are the Rules and Procedures in Regard to Consolidated Financial Statements? Consolidated Financial Statements: Financial information presentation (in which the assets,...

Which Discounts cannot be made in the detection of profit of...

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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...

What is Value Added Tax in Turkey?

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In Turkey, the Value Added Tax (VAT) Law entered into force on January 1st, 1985. By the VAT Law, some indirect taxes on consumption...