BUSINESS LAW (İŞLETME HUKUKU) - (İNGİLİZCE) Dersi Fiscal Law soru detayı:

PAYLAŞ:

SORU:

What is "taxes on income"?


CEVAP:

Taxes on income are the taxes imposed on individuals or entities that vary with their respective income or profits.


Turkish taxation system consists of two main taxes on income: personal income tax and corporations tax (corporate income tax).

An individual is subject to the personal income tax on his income and earnings, in contrast to a corporation which is subject to corporate income tax on its income and earnings.