Post by amina147 on Mar 9, 2024 4:07:29 GMT
The the exempt income. In sales realized in foreign currency or on credit basis factors resulting from the valuation of foreign currencies or receivables will be taken into account as income or expense elements in determining the tax base. Situation of Sale of Assets to Financial Leasing Institutions Third Parties and Institutions Before the SellLeaseRepurchase Process is Completed In case the movable and immovable properties are sold to third parties and institutions including the financial leasing method by the leasing institutions before the saleleasebuyback process is completed except for cases where the contractual obligations in Law No. cannot be fulfilled by the lessors financial leasing institutions.
It is not possible to benefit from this exemption due to the income earned. In case the movable and immovable properties subject to the sellleasebuyback transaction are sold by the lessors to third Austria Phone Numbers List parties and institutions the net balance sheet asset value of these assets in the lessee before their transfer to the lessor institutions and the total depreciation amount taken into account in determining the profit of the said institutions for these assets are taken into account by the person performing the sale. Taxation will be made to the lessor. sheet asset value of the tenant as of the date when the movable and immovable properties subject to the sellleaserepurchase transaction are first subject to this transaction will be notified by the tenant.
To the leasing institution in a letter. In addition for movable and immovable properties that have been subject to saleleaserepurchase transactions or lease certificate issuances more than once the total depreciation amount allocated from the date they were first subject to these transactions and taken into account in determining the corporate income will be notified to the leasing institution with the same letter. . If the saleleasebuyback transaction cannot be completed due to the failure to fulfill the obligations arising from the contract Taxes.
It is not possible to benefit from this exemption due to the income earned. In case the movable and immovable properties subject to the sellleasebuyback transaction are sold by the lessors to third Austria Phone Numbers List parties and institutions the net balance sheet asset value of these assets in the lessee before their transfer to the lessor institutions and the total depreciation amount taken into account in determining the profit of the said institutions for these assets are taken into account by the person performing the sale. Taxation will be made to the lessor. sheet asset value of the tenant as of the date when the movable and immovable properties subject to the sellleaserepurchase transaction are first subject to this transaction will be notified by the tenant.
To the leasing institution in a letter. In addition for movable and immovable properties that have been subject to saleleaserepurchase transactions or lease certificate issuances more than once the total depreciation amount allocated from the date they were first subject to these transactions and taken into account in determining the corporate income will be notified to the leasing institution with the same letter. . If the saleleasebuyback transaction cannot be completed due to the failure to fulfill the obligations arising from the contract Taxes.