YILLARA YAYGIN İNŞAAT VE ONARIM İŞLERİNDE KAR PAYI AVANSI DAĞITIMI VE BAZI ÖZELLİKLİ DURUMLAR
Journal Title: Muhasebe ve Vergi Uygulamaları Dergisi - Year 2017, Vol 10, Issue 1
Abstract
In long-term construction and repair businesses, distribution of profit for the period and dividend advance payment is necessary in order for interest groups, especially shareholders to be able to get their capital gains timely. The distribution of dividend advance payment can be given by calculating the positive difference between costs and progress payments incurred based on certain legal regulations. However, according to Tax Regulation, the implementation of semi-completed method in determining net profit for the period and whether shareholders receive share from net profit for the period in this method pose problems. The aim of the study is to identify certain cases related to distribution of dividend to the shareholders as advance payment by suggesting the method of determining the profit during the period for the long-term construction and repair works. Legally in detecting annual earnings and distributing as dividends advance, partial completion method in determining the difference between actual costs and progress payments which is identified in 6 Series No. Corporate Tax General Institutions Notification is applied. In determining of annual earnings, rather than this method, legal regulation for period profit to be able to distributed and implementation of the percentage of completion method, which is foreseen by Turkey Accounting Standards (TAS) 11 Construction Contracts standard ust be made.
Authors and Affiliations
Enver BOZDEMİR
Keywords
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