Post by amina147 on Mar 6, 2024 3:56:42 GMT
The rediscount rate used in rediscount transactions carried out in accordance with the Tax Procedure Law has increased from ％ . to ％ . Rediscount and advance interest rates changed on December , ! The rediscount interest rate, which is used to convert overdue receivables and payable bills to the value of the valuation day, was increased from ％ . to ％ . , and the advance interest rate was increased from ％ . to ％ . . In accordance with Articles and of the Tax Procedure Law (VUK), among the receivables and debts that will be valued at a registered value, those that are bound to promissory notes and are not due can be converted to the value of the valuation day.
In this case, if the interest rate is announced in the promissory note, this rate is; If not announced, the official discount rate of the Central Bank of the Republic of Turkey (CBRT) is used. According to Article Austria Phone Numbers List of the Tax Procedure Law, taxpayers who allocate their overdue receivables to the value of the valuation day are required to subject their undue receivables to the same process. In accordance with the articles of the said Law, banks, bankers and insurance companies are obliged to convert their receivables and debts into valuation day value.
In other words, the rediscount process is not optional for these institutions, but is mandatory. These institutions may apply rediscount by taking into account the official discount rate of the CBRT or the interest rate they apply in their own transactions. On the other hand, in the "TPL General Communiqué numbered ", which came into force by being published in the Official Gazette dated . . , it was stated that the interest rate determined by the CBRT for short-term advance transactions will be taken into account in the rediscounting of receivables and payable bills. In addition, in the regulation made with the VUK Circular No dated.
In this case, if the interest rate is announced in the promissory note, this rate is; If not announced, the official discount rate of the Central Bank of the Republic of Turkey (CBRT) is used. According to Article Austria Phone Numbers List of the Tax Procedure Law, taxpayers who allocate their overdue receivables to the value of the valuation day are required to subject their undue receivables to the same process. In accordance with the articles of the said Law, banks, bankers and insurance companies are obliged to convert their receivables and debts into valuation day value.
In other words, the rediscount process is not optional for these institutions, but is mandatory. These institutions may apply rediscount by taking into account the official discount rate of the CBRT or the interest rate they apply in their own transactions. On the other hand, in the "TPL General Communiqué numbered ", which came into force by being published in the Official Gazette dated . . , it was stated that the interest rate determined by the CBRT for short-term advance transactions will be taken into account in the rediscounting of receivables and payable bills. In addition, in the regulation made with the VUK Circular No dated.