Will Inflation Adjustment be Made for 2023-end 570 Previous Years’ Profits and 580 Previous Years’ Losses Accounts?
Yes. According to the VUK Communiqué No. 563 dated August 31, 2024, businesses that are required to make inflation adjustments in 2024 must make inflation adjustments for both accounts carried over from the end of 2023 to 2024.
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Source: Istanbul Chamber of Certified Public Accountants
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