Post by amina147 on Mar 9, 2024 5:14:51 GMT -5
The discount will be applied cannot exceed both the earnings from exportsmanufacturing and the net corporate earnings for the relevant period. The same applies to cases where the corporate tax base is formed even though the commercial balance sheet profit is zero. In other words even if there is no commercial balance sheet profit a situation in which a financial profit is made despite a commercial balance sheet loss it is possible to apply a point discount to the corporate tax rate on the earnings obtained from exportsmanufacturing provided that it does not exceed the net corporate income for the period.
Evaluation of Discount Application Together with the Reasons Affecting the Corporate Tax Base or Rate Discount Application for Activities whose Profits Are Exempted from Corporate Tax If a corporate tax exemption is applied to the earnings obtained from production and export activities due to some regulations in both the Corporate Tax Law and other laws it will not Austria Phone Numbers List be possible to apply the corporate tax rate with a point discount for the production and export earnings subject to the exemption. However in calculating the base to which a point discount will be applied production or export earnings that are subject to an exemption and excluded from tax will also be subtracted from the commercial balance sheet profit.
Discount Application in Case a Part of the Earnings Obtained from Export Activities is Subject to Discount If of the earnings earned by taxpayers engaged in export activities from service exports are taken into account as a deduction in the determination of the corporate tax base within the scope of Article of the Corporate Tax Law the export earnings are already subject to the said deduction and are exempt from tax. It will not be possible to apply a point discount to the corporate tax rate for the remaining part.
Evaluation of Discount Application Together with the Reasons Affecting the Corporate Tax Base or Rate Discount Application for Activities whose Profits Are Exempted from Corporate Tax If a corporate tax exemption is applied to the earnings obtained from production and export activities due to some regulations in both the Corporate Tax Law and other laws it will not Austria Phone Numbers List be possible to apply the corporate tax rate with a point discount for the production and export earnings subject to the exemption. However in calculating the base to which a point discount will be applied production or export earnings that are subject to an exemption and excluded from tax will also be subtracted from the commercial balance sheet profit.
Discount Application in Case a Part of the Earnings Obtained from Export Activities is Subject to Discount If of the earnings earned by taxpayers engaged in export activities from service exports are taken into account as a deduction in the determination of the corporate tax base within the scope of Article of the Corporate Tax Law the export earnings are already subject to the said deduction and are exempt from tax. It will not be possible to apply a point discount to the corporate tax rate for the remaining part.