Post by amina147 on Mar 7, 2024 7:57:22 GMT
The withheld is x TL and the net profit share obtained is TL. In this case half of the gross profit share amount will be taken as basis in calculating whether a declaration will be submitted or not. Since half of the dividend is exempt from income tax and the remaining amount x TL does not exceed the declaration limit of TL no annual declaration will be submitted. In this case the withholding made during profit distribution in accordance with Article of the Income Tax Law will be the final tax. Example Ms.
A earned a dividend gross of TL from the stocks of Y Joint Stock Company and TL from the stocks of Z Joint Stock Company in the calendar year. The profit share obtained has been subject to Austria Phone Numbers List withholding at the rate of within both institutions and the total withheld tax is TL. The gross amount of the dividend will be taken as basis in the calculation and the taxpayers declaration will be as follows Total Amount of Dividend Gross TL Exempted Amount x TL Declared Amount TL Calculated Income Tax. TL Tax to be Deducted TL Income Tax Payable.
TL Example As a result of the distribution in of the earnings obtained by the X Joint Stock Company within the scope of Law No. in Ms. N who is a partner of the company received a net profit share of L. Ms. N has no other income to declare. Regarding these earnings no withholding was made in accordance with provisional article during the profit distribution phase. In this case the income tax to be paid by Ms. N will be calculated as follows Net amount of profit share earned TL of the dividend.
A earned a dividend gross of TL from the stocks of Y Joint Stock Company and TL from the stocks of Z Joint Stock Company in the calendar year. The profit share obtained has been subject to Austria Phone Numbers List withholding at the rate of within both institutions and the total withheld tax is TL. The gross amount of the dividend will be taken as basis in the calculation and the taxpayers declaration will be as follows Total Amount of Dividend Gross TL Exempted Amount x TL Declared Amount TL Calculated Income Tax. TL Tax to be Deducted TL Income Tax Payable.
TL Example As a result of the distribution in of the earnings obtained by the X Joint Stock Company within the scope of Law No. in Ms. N who is a partner of the company received a net profit share of L. Ms. N has no other income to declare. Regarding these earnings no withholding was made in accordance with provisional article during the profit distribution phase. In this case the income tax to be paid by Ms. N will be calculated as follows Net amount of profit share earned TL of the dividend.