Post by amina147 on Mar 7, 2024 5:16:09 GMT
The the futures and options exchanges established in Turkey The withholding rate for contracts based on stocks or stock indices is for other contracts will be applied as. These withholding tax rates are also valid for profits obtained from overthecounter futures and option contracts made between banks andor intermediary institutions and real persons. The withholding tax is the final tax and the earnings in question earned in are not subject to declaration. If a declaration is made due to other income these earnings will not be imported into the declaration.
Although it is not necessary to submit a declaration for the profits obtained from the purchase and sale of the contracts in question if more than one intermediary institution andor bank is used the loss incurred on one side can be offset against the profits obtained on the other side or the loss incurred in the following three months can be offset against the profit in Austria Phone Numbers List previous periods. It is possible for taxpayers to submit an optional declaration for these earnings. In case of voluntary declaration the tax rate for these earnings is for futures and options contracts based on stocks and stock indices for others will be applied as. In case of voluntary declaration the explanations made in Section I of this Guide regarding the application in question will be valid.
There will be no withholding on the income obtained from forward transactions and option contracts between institutions resident in Turkey or with nonlimited taxpayer institutions except those that are not banks or similar financial institutions and do not operate in Turkey through a workplace or permanent representative. Income from Brokerage Warrants With the regulation made by BKK No. the income obtained from the warrants of intermediary institutions traded on BIST issued based on stocks and stock indices were included in the scope of earnings related to stocks.
Although it is not necessary to submit a declaration for the profits obtained from the purchase and sale of the contracts in question if more than one intermediary institution andor bank is used the loss incurred on one side can be offset against the profits obtained on the other side or the loss incurred in the following three months can be offset against the profit in Austria Phone Numbers List previous periods. It is possible for taxpayers to submit an optional declaration for these earnings. In case of voluntary declaration the tax rate for these earnings is for futures and options contracts based on stocks and stock indices for others will be applied as. In case of voluntary declaration the explanations made in Section I of this Guide regarding the application in question will be valid.
There will be no withholding on the income obtained from forward transactions and option contracts between institutions resident in Turkey or with nonlimited taxpayer institutions except those that are not banks or similar financial institutions and do not operate in Turkey through a workplace or permanent representative. Income from Brokerage Warrants With the regulation made by BKK No. the income obtained from the warrants of intermediary institutions traded on BIST issued based on stocks and stock indices were included in the scope of earnings related to stocks.