Question
XXX A.. is preparing its financial statements for 2021. Companys operating revenues are 147,000,000 TL. In addition, the company received a dividend of 14,250,000 TL
XXX A.. is preparing its financial statements for 2021. Companys operating revenues are 147,000,000 TL. In addition, the company received a dividend of 14,250,000 TL from its subsidiary YYY Motor Ltd. ti. The expenses incurred during the period amount to 42,250,000 TL. However, 21,375,000 TL of the total expenses are not related to business but personal expenses of the owner. In addition, the company has a loan from its owner in the amount of 500,000 TL, although the capital is 100,000 TL. The expenses of the company also include 150,000 TL interest expense due to this loan. Please calculate how much corporate tax the company has to pay.
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