Unless aforesaid documents and properties are introduced as warrant, a confidential person can be introduced as a warranter in the capacity of joint warrantor and joint debtor on condition that it is accepted by Social Security Institution.

2- HOW SHOULD BE MADE THE VALUATION OF PROPERTIES INTRODUCED AS WARRANT?
Valuation of properties should be made with;
2.1- Reports prepared by technical employees,
2.2- Reports prepared by assessment centers or valuation experts given the authority within the scope of Capital Market Legislation,
2.3- Reports prepared by persons given the authority of expertness and arbitration by Chambers of Commerce, Industry, Shipping and Chambers of Turkish Engineers and Architects or related administrations,
2.4- Reports prepared by banks and insurance companies and related to valuation,
2.5- Reports prepared by experts appointed by Civil Courts.

Source: SSI

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.

2- WHAT IS THE MEANING OF TREASURY BOND?
Those bonds are sold in order to obtain bonds for short term loans of the government in a short span of time.
Its expiry date is maximum 1 year.
The person who has bonds will get interest income after the price is paid to person who has bonds at the end of expiry date specified by the institution (on condition that expiry date of Treasury bond should be less than 1 year).
The person who has bonds will gain principal and interest income at the end of expiry date.
Treasury bond is issued by Undersecretariat of Treasury.
(It was discovered by Walter Bagehot in 1876)

3- ARE INCOMES GAINED THROUGH GOVERNMENT BOND AND TREASURY BOND SUBJECT TO DECLARATION?
NO.
State-run government bonds and treasury bonds (exported) are not subject to declaration regardless of the amount of their interest income gained in 2016. 

They will not be subject to declaration even if a declaration is submitted because of other incomes.

Furthermore, incomes gained through sale and purchase of government bonds and treasury bonds in 2016 will not be subject to declaration regardless of their amounts like interest incomes.

In the event of a declaration because of other incomes, they will not be included in declaration. Tax cut (stoppage), which is done through sale-purchase and interest income by the bank, will be the final tax.

Source: Revenue Administration

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.