Since companies in liquidation are not obliged to file provisional tax returns, both the balance sheet for the end of the 2023 accounting period and the balance sheets for subsequent accounting periods (depending on the existence of inflation adjustment conditions) will be corrected within the correction periods determined by the Tax Procedure Law Communiqué No. 555 and will be submitted in the annex of the declarations (institutions etc.) for the relevant periods.
***
Article in the Tax Procedure Law Communiqué No. 555;
Inflation adjustment procedures in case of liquidation
ARTICLE 43- (1) If the liquidation of companies that entered into liquidation before the 2024 accounting period is concluded in 2024 or a subsequent accounting period, since the companies in liquidation are not obliged to submit a provisional tax return, both the balance sheet for the end of the 2023 accounting period and the balance sheets for the subsequent accounting periods (depending on the existence of inflation adjustment conditions) will be corrected within the correction periods determined by this Communiqué and will be submitted as an annex to the declarations for the relevant periods.
Source: Tax Procedure Law Communiqué No. 555
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.
