The Relief Measures for Companies Experiencing Capital Loss Have Been Extended.
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The Ministry of Commerce announced that the duration of the regulation has been extended, which contributes to companies maintaining their capital structures and managing their financial processes more soundly.
With the regulation made by the Ministry of Trade, the period for determining whether companies have suffered capital loss or are insolvent has been extended until January 1, 2028.
The practice of excluding certain losses and expenses from the calculation of companies' capital loss or insolvency has been extended until January 1, 2028.
Breaking news... The Ministry of Trade has extended the regulation exempting companies from exchange rate differences and rental expenses in capital loss and insolvency calculations until January 1, 2028.
The period for facilitating calculations for companies experiencing capital loss or insolvency has been extended to January 1, 2028. With this regulation, the possibility of excluding certain exchange rate losses and some past period expenses from calculations will continue for another year.
The Ministry of Trade has made a critical decision that closely concerns companies with foreign currency debt and accumulated losses in their financial statements. The temporary relief applied in the calculation of capital loss and insolvency for companies, which was expected to end on January 1, 2027, has been extended until January 1, 2028.
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