Post by amina147 on Mar 9, 2024 3:47:04 GMT
The who plans to revaluate within the scope of the article answered the question of whether the prerevaluation values of fixed asset amounts can be taken into account in the calculation in determining the income obtained from expansion investments as follows. In calculating the income obtained from expansion investments by proportioning fixed assets must be taken into account with their revalued gross amounts within the scope of the temporary article of the Tax Procedure Law before deducting the accumulated depreciation. If the qualified investment contribution amount is reached in more than one year the income to which a discounted rate will be applied as of each period will be determined by proportioning.
The expansion investment amount to the total amount of fixed assets registered in the assets of the institution as of the end of each period. In addition the current fixed asset amount is calculated on the last day of the relevant provisional taxation period for provisional taxation periods in which the income to which reduced corporate tax will be applied will be determined Austria Phone Numbers List For accounting periods it will be determined as of the last day of the relevant accounting period. On the other hand the revaluation of economic assets within the scope of the investment incentive certificate in accordance with the temporary article of the Tax Procedure Law will not change the investment contribution amount subject to reduced corporate tax determined according to the incentive certificate issued by the Ministry of Industry and Technology will not increase within the scope of revaluation.
Within the framework of the ruling dated. issued by Krehir Governorship General Directorate of Revenue taxpayers who prefer the method of calculating the amount of earnings obtained from investments subject to expansion investment incentive certificates and to be taken into account in the reduced corporate tax application by proportioning the investment costs to the total fixed assets in determining the earnings obtained.
The expansion investment amount to the total amount of fixed assets registered in the assets of the institution as of the end of each period. In addition the current fixed asset amount is calculated on the last day of the relevant provisional taxation period for provisional taxation periods in which the income to which reduced corporate tax will be applied will be determined Austria Phone Numbers List For accounting periods it will be determined as of the last day of the relevant accounting period. On the other hand the revaluation of economic assets within the scope of the investment incentive certificate in accordance with the temporary article of the Tax Procedure Law will not change the investment contribution amount subject to reduced corporate tax determined according to the incentive certificate issued by the Ministry of Industry and Technology will not increase within the scope of revaluation.
Within the framework of the ruling dated. issued by Krehir Governorship General Directorate of Revenue taxpayers who prefer the method of calculating the amount of earnings obtained from investments subject to expansion investment incentive certificates and to be taken into account in the reduced corporate tax application by proportioning the investment costs to the total fixed assets in determining the earnings obtained.
