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Deductions in article 10 of Corporate Tax Law are also In the light of the provisions above, we think that taxpayers
considered in this scope. While the deductible items (R&D, should be enabled to benefit from this deduction as of advance
donations, sponsorship expenditures etc.) in clauses other than tax periods as well. The portion of annual interest rates
clause (ı) can be taken into account in advance tax returns, announced weekly by the CBRT corresponding to advance
taxpayers may not benefit from the deduction related to capital tax periods could be calculated, and the amounts that can be
increase in cash, which will apparently lead to many debates. deducted in advance tax returns could be determined according
to these rates.

This article is the updated version of the article published in issue 2015/32 of Ekonomist dated 9 August.

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