Demerger and accounting proceedings of companies as per the Turkish Commercial Code (New) No. 6102 And Corporate Tax Law

One of the significant amendments put into effect with the new Turkish Commercial Code passed on 01.07.2012 is the regulations regarding the demerger of companies. The main objective of the study is to address to this regulation annexed to the Turkish Commercial Code for the first time and evaluate it in terms of accounting practices. The thesis is basically comprised of 3 main parts following a short introduction. The first part of the study covers the demerger term and examines the definition, reasons and types of demerger, demerger in foreign law systems and company demergers as per Corporate Tax Law and other regulations in Turkish law system. In the second part of the study, demerger is examined in terms of the Turkish Commercial Code no. 6102. Further, juridical provisions before, during and after demerger are scrutinized and evaluated. In the third and final part, accounting proceedings of company demergers are exemplified using practices in the light of the new Turkish Commercial Code and other regulations in the Turkish law system.