Post by account_disabled on Mar 13, 2024 23:11:38 GMT -5
The aforementioned Law banks bankers and insurance companies are obliged to convert their receivables and debts into valuation day value. In this transaction they can choose the official discount rate of the CBRT or the interest rate they apply in their own transactions. In addition in the Tax Procedure Law General Communiqu No. which entered into force after being published in the Official Gazette dated . it was announced that the interest rate determined by the CBRT for shortterm advance transactions will be taken into account in the rediscounting of receivables and payable bills.
In addition with the Tax Procedure Law Circular No. dated . it was accepted that checks issued on a deferred basis can also benefit from the rediscount application. With the Communiqu published by B TO B Database the CBRT in the Official Gazette dated . The discount interest rate to be applied to rediscount transactions for bills with a maximum of months remaining until maturity is . annually The interest rate to be applied for advance transactions is annually was determined as . This time with the Communiqu published by the CBRT.
In the Official Gazette dated and entered into force the currently valid discount interest rate and advance interest rate have been reduced by . In this context within the framework of the mentioned Communiqu to be applied to rediscount transactions against bills with a maximum of months remaining to maturity will be increased from . to annually The interest rate to be applied in advance transactions will increase from . to annually . has been downloaded. Accordingly as of . rate will be used in converting the receivables and debts related to the undue promissory note into the value of the valuation day in case the interest rate is not determined in the promissory note.
In addition with the Tax Procedure Law Circular No. dated . it was accepted that checks issued on a deferred basis can also benefit from the rediscount application. With the Communiqu published by B TO B Database the CBRT in the Official Gazette dated . The discount interest rate to be applied to rediscount transactions for bills with a maximum of months remaining until maturity is . annually The interest rate to be applied for advance transactions is annually was determined as . This time with the Communiqu published by the CBRT.
In the Official Gazette dated and entered into force the currently valid discount interest rate and advance interest rate have been reduced by . In this context within the framework of the mentioned Communiqu to be applied to rediscount transactions against bills with a maximum of months remaining to maturity will be increased from . to annually The interest rate to be applied in advance transactions will increase from . to annually . has been downloaded. Accordingly as of . rate will be used in converting the receivables and debts related to the undue promissory note into the value of the valuation day in case the interest rate is not determined in the promissory note.