Anticipated Tax Benefits in Capital Increases
- The said regulation is currently submitted for approval to the Presidency, and upon approval, will go into effect on 01/07/2015.
- Companies in finance, banking and insurance and state-controlled entities are out of scope of this regulation.
- 50% of the interest calculated at the related account period.
- The latest interest rate with respect to commercial bank loans in TL currency as declared by the Cenral Bank of Turkey.
- See art. 8.