Mr. Ali obtained dividends of a gross amount of 200.000 TRY from a full taxpayer joint stock company in Turkey in 2021. Mr. Ali has no other income. Explain how much did the company withhold? How much Money does Mr. Ali has to declare if necessary? (Withholding rate for dividends will be taken as 15%) (Explain the method of your calculation with reasons).

CONCEPTS IN FED.TAX.,2020-W/ACCESS
20th Edition
ISBN:9780357110362
Author:Murphy
Publisher:Murphy
Chapter7: Losses—deductions And Limitations
Section: Chapter Questions
Problem 18P
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Mr. Ali obtained dividends of a gross amount of 200.000 TRY from a full taxpayer joint stock
company in Turkey in 2021. Mr. Ali has no other income. Explain how much did the company
withhold? How much Money does Mr. Ali has to declare if necessary? (Withholding rate for
dividends will be taken as 15%) (Explain the method of your calculation with reasons).
Transcribed Image Text:Mr. Ali obtained dividends of a gross amount of 200.000 TRY from a full taxpayer joint stock company in Turkey in 2021. Mr. Ali has no other income. Explain how much did the company withhold? How much Money does Mr. Ali has to declare if necessary? (Withholding rate for dividends will be taken as 15%) (Explain the method of your calculation with reasons).
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