The Parliament has accepted a law 6639 entitled “notional interest deduction” on 7th April 2015. This new law gives a tax incentive for cash capital contribution increases, effects after 1st July 2015. Excluding those operating in the finance, banking, and insurance sectors, this law also gives a 50% deduction of tax interest for Turkish Capital Corporations to be calculated over cash capital increases.
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DTA between Nigeria and Spain enters into force
DTA between Nigeria and Spain enters into force
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