Post by account_disabled on Mar 14, 2024 3:31:16 GMT -6
The the net income declared by income taxpayers provided that it is shown separately on the declaration. According to the Income Tax Law Income Tax Law taxpayers who file annual income returns can deduct all inkind and cash donations they make to aid campaigns initiated by the President from the income they declare on their annual income tax return. GVK art. Similarly all cash and inkind donations made by corporate taxpayers within the scope of aid campaigns initiated by the President may be subject to deduction from corporate earnings on the declaration KVK art.
On the other hand we believe that there is no need for an exclusive circular or decision to be published in order for the donations and aid to be made within the scope of this donation campaign initiated by the B TO B Database President himself to be taken into account as a deduction in the determination of income and corporate tax bases . Because there is no specification in the legal regulation regarding the existence of a circular or decision we believe that there is no harm in considering the donations made within the scope of an aid campaign that is clearly initiated by the it to the public and is actually.
Implemented as a discount. Although all inkind and cash donations made within the scope of both regulations are subject to deduction the deductible donation amount is limited to the income or corporate gain to be declared for the period in which the donation was made . In other words in cases where the income or corporate income subject to declaration is not sufficient the right to deduction can either be partially benefited or not at all. In addition it will not be possible to transfer the amount that cannot be deducted in the accounting period in which the donation was made to subsequent periods . In this case donations made in.
On the other hand we believe that there is no need for an exclusive circular or decision to be published in order for the donations and aid to be made within the scope of this donation campaign initiated by the B TO B Database President himself to be taken into account as a deduction in the determination of income and corporate tax bases . Because there is no specification in the legal regulation regarding the existence of a circular or decision we believe that there is no harm in considering the donations made within the scope of an aid campaign that is clearly initiated by the it to the public and is actually.
Implemented as a discount. Although all inkind and cash donations made within the scope of both regulations are subject to deduction the deductible donation amount is limited to the income or corporate gain to be declared for the period in which the donation was made . In other words in cases where the income or corporate income subject to declaration is not sufficient the right to deduction can either be partially benefited or not at all. In addition it will not be possible to transfer the amount that cannot be deducted in the accounting period in which the donation was made to subsequent periods . In this case donations made in.