In the capital decrease
Mar 7, 2024 8:51:27 GMT
Post by amina147 on Mar 7, 2024 8:51:27 GMT
The Article B of the Law the periods during which the capital elements remain in the capital of the transferring company will also be taken into account by the transferee companies. Capital Decrease Due to Partial Division Transactions As a result of the partial division within the scope of Article of the Law the shares of the acquiring company acquired in return for the transferred assets can remain in the transferring company or can be given directly to the partners of the divided company. In case of capital decrease due to partial division the relevant provisions of the Turkish Commercial Code will apply.
In this context as a result of the partial division the shares purchased from the capitalized company are given to the partners of the transferring company thus requiring a capital reduction in the transferring Austria Phone Numbers List company due to transfers within the scope of partial division if the elements added to the capital are transferred to the acquiring company and the said elements are followed by this company there will be no taxation at this stage due to the capital reduction in the divided company. In case of a capital reduction by the company that takes over the capital elements after the partial division the necessary taxation procedures will be carried out within the framework of the above explanations depending on the nature of the reduced capital elements.
In this case in determining the five full year period stipulated in Article B of the Law the periods during which the equity items remain in the capital of the transferring company will also be taken into account by the transferring company. Capital Decrease as a Result of Capital Companies Acquiring Their Own Shares In the fourth paragraph of Article of the Income Tax Law provisions regarding their own stocks and partnership shares acquired by full taxpayer capital companies are included.
In this context as a result of the partial division the shares purchased from the capitalized company are given to the partners of the transferring company thus requiring a capital reduction in the transferring Austria Phone Numbers List company due to transfers within the scope of partial division if the elements added to the capital are transferred to the acquiring company and the said elements are followed by this company there will be no taxation at this stage due to the capital reduction in the divided company. In case of a capital reduction by the company that takes over the capital elements after the partial division the necessary taxation procedures will be carried out within the framework of the above explanations depending on the nature of the reduced capital elements.
In this case in determining the five full year period stipulated in Article B of the Law the periods during which the equity items remain in the capital of the transferring company will also be taken into account by the transferring company. Capital Decrease as a Result of Capital Companies Acquiring Their Own Shares In the fourth paragraph of Article of the Income Tax Law provisions regarding their own stocks and partnership shares acquired by full taxpayer capital companies are included.