Tag: Losses
Can there be deductions from the worker’s wage for the losses?
SUBJECT
About cutting back on the worker’s wage due to loss.
QUESTION
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There are construction contract works we do as a subcontractor.
We employ a lot of workers...
Expenses that will be deducted from Company’s Earnings!
1- DEDUCTIBLE EXPENSES ACCORDING TO INCOME TAX LAW
Income is taxed through net profit.
In order to determine the net profit, the expenses stated below should be...
Business Profit in the Taxation System in Turkey!
Business profit is defined as profit arising from commercial or industrial activities. Although this definition is very comprehensive and includes all types of commercial...
