Expenses To Consider When Determining the Income
When determining the income resulting from the disposal of the shares, it is possible to apply a reduction on the cost value of the disposed shares from the sale value as well as the expenses made because of the disposal and that are undertaken by the seller.
It is not possible to apply a reduction on the financial expenses regarding liabilities used when determining the income resulting from the disposal of shares.
Source: Income Tax Law Numbered 232
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