#2026/196Kurumlar Vergisi (Kullanılmamış Fazla Önceden Ödenmiş Kurumlar Vergisi ile İlgili Muamele) (2026 Değişiklik) Yönetmeliği
AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.
The 2026 amendment updates rules from 1999 about how companies handle unrelieved surplus advance corporation tax after the tax was abolished for distributions made after April 6, 1999. This change mainly affects businesses that have unrelieved surplus advance corporation tax from before the tax was abolished.
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Key Changes
- Updates the treatment of unrelieved surplus advance corporation tax.
- Clarifies the implications of the abolition of advance corporation tax for companies.
- Affects how companies report their tax liabilities.
Obligations
What this law requires
Companies with unrelieved surplus advance corporation tax must apply the treatment rules as amended by the 2026 regulations to their ACT balances arising from distributions made before April 6, 1999
Companies must comply with the amended provisions in the Corporation Tax (Treatment of Unrelieved Surplus Advance Corporation Tax) Regulations 1999 (S.I. 1999/358) as modified by these 2026 regulations