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Information on Termination of Employment Contracts and Tax Matters in Case of Staff Reductions

Information on Termination of Employment Contracts and Tax Matters in Case of Staff Reductions We hereby inform you that in the event of a reduction in the number of employees or staff positions, before the employment contract is terminated by the

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Can the non-deductible VAT amount be deducted from income?

Can the non-deductible VAT amount be deducted from income? A company that is a simplified tax payer purchases goods from a company registered for VAT and subsequently sells those goods to another VAT-registered company. However, due to its status as

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Must the information form regarding imported goods be submitted to the tax authority?

Must the information form regarding imported goods be submitted to the tax authority? Our company was registered with the tax authority in January 2025 and is engaged in the wholesale trade of imported goods. The company has two business facilities

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Conditions for Tax Exemption of Dividend Income

Conditions for Tax Exemption of Dividend Income We hereby inform you that, according to Article 102.1.22-2 of the Tax Code, starting from February 1, 2023, for a period of 5 (five) years, income in the form of dividends, discounts (the difference

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