Requirements for Using Book Value in Asset Transfers

The Directorate General of Taxes announced the filing requirements for using book value in asset transfers on 4 December 2025. Taxpayers must submit the application through the e‑filing system before the stipulated deadline.

Required documents include proof of asset ownership, financial statements showing the book value, and a declaration of no legal disputes. Book value is defined as the recorded asset value after accumulated depreciation.

Meeting these requirements enables taxpayers to claim tax relief on gains from the asset transfer, helping to optimize corporate tax liabilities.