Home News Can businesses in Türkiye that made a profit before the 2023 inflation...

Can businesses in Türkiye that made a profit before the 2023 inflation adjustment but turned into losses after the adjustment make profit distributions?

1
0

The situation that will occur after inflation adjustment will be taken into account in the distribution of profit.

Example:

2023 Profit before inflation adjustment: 10 Million TL

2023 Profit after inflation adjustment: 5 Million TL

Distributable profit for 2023: 5 Million TL



Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.


Previous articleIs it mandatory to certify the closing of commercial books according to the Tax Procedure Law in Türkiye?
Next articleCan a person practicing a profession other than a CPA operate in a CPA office in Türkiye?

LEAVE A REPLY

Please enter your comment!
Please enter your name here