Withholding method TAXABLE TURNOVER FOR CIT (11/12) securities activity , the taxable turnover is: : the total transfer proceeds (excluding For securities transfer non-taxable : the total transfer proceeds For interest from bonds transfer (excluding non-taxable bonds) For interest offshore loans: Any contract signed : taxable after 1/1/1999 Any contract signed : depending on the extension before 1/1/1999 For of loan contracts See next Slide for details –
Withholding method TAXABLE TURNOVER FOR CIT (11/12) For securities activity , the taxable turnover is: For securities transfer : the total transfer proceeds (excluding non-taxable For interest from bonds transfer : the total transfer proceeds (excluding non-taxable bonds) For interest offshore loans: Any contract signed after 1/1/1999 : taxable Any contract signed before 1/1/1999 : depending on the extension of loan contracts – See next Slide for details
1012_VS-FCT%20Slides%20(Trainer).docx