Has the restructuring of the tax debt been extended, when does it end?

The tax debt restructuring period that includes Income Tax, Business Tax, VAT, MTV, SCT, all administrative fines, KYK debts, Treasury accounts receivable was extended.

HOW IS THE FISCAL CONSTRUCTION DONE, WHEN IS THE LAST DAY?

The deadline for the restructuring of the tax debt was announced on May 31, but the deadline has been extended.

Consequently, by decision of the President, the deadline for the restructuring request was extended by one month until June 30. The payment period for the first installment was extended by one month until July 31.

For debt restructuring, citizens will log in via the ‘ivd.gib.gov.tr’ address of the Revenue Administration and then log in with e-Government on the screen. By clicking here, you will log in with your e-Government information. You can apply by following the instructions on the site. The tax office can also be accessed from ‘turkiye.gov.tr’. Or you can apply in person by going to the tax offices. Payments can also be made by credit card or money order.

WHAT DOES THE CONSTRUCTION TAX AMENDMENT COVER?

With said Law;

Payment of the debt calculated by updating the D-PPI ratio (National Producer Price Index) in lieu of all unpaid taxes and other debts with the tax office, and the related late payment rate and interest,

Elimination of all tax-based penalties (tax loss penalty),

Suppression of 50% of penalties for irregularity and special penalties for irregularity that do not depend on the tax base,

Payment of the debt calculated by updating the D-PPI rate instead of the original unpaid motor vehicle tax (MTV) and the related late fee and late interest,

Payment of the debt calculated by updating the D-PPI rate in lieu of all traffic and other administrative fines and related interest, late payment interest and late fees,

Opportunity to pay the originals of the education and contribution loan receivables between the due dates and November 9, 2022 without calculating the receivables, such as the late payment, the D-PPI amount, the amount of the coefficient,

Put an end to disputes (related to tax assessments, tax penalties, administrative fines, etc.)

Structuring of accounts receivable whose tax inspection and valuation processes are in progress,
Non-inspection and tax settlement for taxpayers who have increased their tax and tax base and met the conditions for the years 2018-2022,
Payment of the configured amounts in cash or in monthly installments up to a maximum of 48 months,

Making a discount of 90% of the amount calculated in the D-PPI relationship in cash payments,
If traffic fines and other administrative fines are paid in advance, 25% discount from the original fines,

Payment of taxes calculated on the base and/or increase of the tax in cash or monthly in a maximum of 12 equal installments,

If all the taxes accrued as a consequence of the tax base and/or tax increase are paid in advance within the payment period of the first installment, a discount of 10% of these taxes is made,
Realization of business records (availability of cash, accounts receivable from partners, basic products, accessories, etc.) in line with the real situation without penalty and interest,

Repentance or self-declaration for unreported income and earnings, without penalties and interest,

Payment of restructured debts with a credit card from contracted banks,

The vehicle inspection permit will be granted during the installment payment, provided that at least 10% of the motor vehicle tax is paid, administrative fines and toll fees to be paid within the scope of the Law for each vehicle,

Provide ease of payment to those who have not carried out the technical inspection of the vehicle, provided they have carried it out until 9/30/2023,

important opportunities and amenities such as