Tax amnesty, when will it be released? Tax Tax amnesty structuring 2023…

Although the regulation for the tax amnesty was submitted to the Assembly in recent weeks, the assembly stopped its work due to the earthquakes in Kahramanmaraş. With the tax amnesty, which will be discussed this week, debts of approximately 362 billion lire will be paid in 48 months.

IS THE TAX AMENDMENT ALREADY OUT, WHEN WILL IT BE AVAILABLE?

Deliberations on the proposed law, which includes arrangements for the earthquake zone, will start Tuesday at the General Assembly of the Turkish Grand National Assembly (TBMM).

The application and payment dates will be modified in the bill on the restructuring of public credits. Consequently, the application deadline, which was April 30, 2023, in the proposed law, which provides for the restructuring of the public debt, including taxes, duties and fees, for periods prior to December 31, 2022 will be changed to May 31, 2022. 2023. Consequently, the payment date of the first installment, which is May 31, 2023, is scheduled for June 30, 2023. (DHA)

WHAT ACCOUNTS PAYABLE DOES THE TAX AMENDMENT COVER?

At the General Assembly of Turkey’s Grand National Assembly on Tuesday, deliberations will start on the ‘Draft Law on Restructuring of Certain Claims and Amendments to Some Laws’. With the proposal that provides for the structuring of public credits and the suppression of some penalties; All the town’s tax debts are restructured. Transit, military service, population, bridges, illegal highway tolls, never-before-structured court fines, administrative fines, student loan debt, and support premium debt are also within the scope of the restructuring. Secondary accounts receivable, such as customs duties, late-payment interest, and late payments, are scheduled to be restructured.

TAX EXEMPTION FOR EARTHQUAKE VICTIMS

The regulations on the earthquake disaster that affected 11 provinces centered in Kahramanmaraş will also be added to the ‘Bill on the restructuring of some claims and the amendment of some laws’. In this context, those affected by the earthquake will be exempt from Inheritance and Gift Tax. In the event of an earthquake disaster, the heirs will not be considered obligated to make a payment to the state to obtain their rights to the decedent’s estate. If the citizens of the earthquake zone have complaints about the tax legislation, they will be resolved.

THE ‘NEW IFMAR FUND FOR DISASTERS’ WILL BE ESTABLISHED

With the proposed law on the establishment of the ‘Disaster Reconstruction Fund’, which the AK Party plans to present to the Presidency of the Grand National Assembly of Turkey this week; Its objective is to provide the necessary resources for zoning, infrastructure and superstructure works in areas damaged by natural disasters and declared as ‘natural disaster areas’. The proposal is expected to be discussed in the Parliamentary Committee on Plan and Budget this week. The commission, which was established last week to investigate all aspects of the aftermath of the earthquake disaster, will determine its members this week. Subsequently, the commission will hold its first meeting and will determine the work schedule and roadmap.

REGIONAL PARLIAMENTARY REPORTS TO PROVIDE

The AK Party group will meet closed to the press on Tuesday at 11:00 under the chairmanship of the group’s chairman İsmet Yılmaz. The regional deputies, especially the regional deputies, will take part in the meeting, present their impressions and present the report they have prepared. The reports, which include the problems experienced in the earthquake area on the first day and all the problems in that region, will be evaluated at the group meeting. (DHA)