Tax Procedure Law Circular On Inflation Adjustment Application Has Been Published

With the Tax Procedure Law Circular No.165 published on Feb.20, 2024,  explanations have been made on some issues regarding inflation adjustment.

With the Tax Procedure Law Circular No.165 published on Feb.20, 2024,  explanations have been made on some issues regarding inflation adjustment. Some of the topics covered in the Circular are as follows:

  • Example for the Correction of the Balance Sheet as of the End of the 2023 Accounting Period
  • Non-Real Financing Cost
  • Capital Adjustment
  • Adjustment of Inventories