THE HIDDEN CAPITAL CONCEPT IN TURKEY AND THE HIDDEN CAPITAL RISK IN COMPANIES WITH FOREIGN CAPITAL

GENERAL DESCRIPTION No matter which country the limited liability company or joint stock company operates in, its goal is always to make a profit. In addition to making profits, the company also needs to maintain its sustainability year after year. In this study, we will talk about the capital increase Read more…

Latest Developments Regarding the Global Tax Agreement

In recent years, countries have been discussing significant changes in international tax rules affecting multinational companies. In October 2021, following negotiations at the Organization for Economic Co-Operation and Development (OECD), more than 130 member jurisdictions agreed on a draft for new tax rules. Large companies will pay more taxes in Read more…

The Deduction Rate in Amounts Considered as Profit Distribution in Relation to the Acquisition of the Own Shares of the Companies has been Reduced to 0%

The tax withholding (withholding) on stock buybacks has been reduced from 15% to zero. Presidential Decision No. 6791, Published in the Official Gazette No. 32104 (Repeated) dated 14/02/2023)   With the Published Decision, the withholding rate made within the scope of the fourth paragraph of Article 94 of the Income Read more…

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