DT19140 - DT: Turkey: Underlying Tax

(1) DOCUMENTS NEEDED TO SUPPORT THE UNDERLYING TAX CLAIM

Accounts and notice of assessment.

(2) LEGAL RESERVE

Relevant profits are reduced by transfers of 5% of historical statutory profit until the reserve reaches 20% of share capital (the first legal reserve). The second legal reserve reduces relevant profits by transfers of 10% of all cash distributions in excess of the historical paid-in share capital.

The legal reserves are not available for distribution unless they exceed 50% of the historical paid-in share capital.

(3) SPARED TAXES

Credit is available for spared taxes (see DT 19108). Attach a copy of the certificate granting tax spared status and the relevant page(s) of the company’s tax computation showing the spared tax.