Explanation on the dates of payment of the restructuring of the victims of the earthquake

The Tax Administration ruled on the installment payment terms in accordance with the provisions of the restructuring filed by Law No. 7440 in the area of ​​the earthquake where force majeure continues.

According to the general communiqué of the law No. 7440 on the restructuring of certain accounts receivable published in the current edition of the Official Gazette, the provisions of the communiqué cover Adıyaman, Hatay, Kahramanmaraş and Malatya provinces, and İslahiye districts. and Nurdağı from Gaziantep. Province, that it is deemed appropriate to extend the state of force majeure until November 30.

DURING THE FIRST INSTALLMENT UNTIL APRIL 1

Consequently, the requests to be made in the flats of the places indicated under Law number 7440 must be made until February 29, 2024, and the payment of the first installment until March 31, 2024 (April 1, 2024, since it coincides with a holiday), the second installment until April 30, 2024, and the follow-up of the other installments, must be paid in the following months.

February 29, 2024 has been set as the application deadline for taxpayers in these places to benefit from the tax base and the increase in the tax within the scope of the law, and the deadline for payment of income tax, corporations and value added, income (withholding) and corporate (withholding) taxes is March 31, 2024. If this value is requested, the first installment may be paid in 12 equal monthly installments as of March/2024.

OTHER CHANGES

February 29, 2024, the end of the third month following the end of the force majeure situation, has been determined as the filing date of the taxpayer’s VAT stock declaration and the inventory list that accompanies it. The amounts accrued as a result of the declaration made will also be paid in the same term.

With the respective law, taxpayers who declare the goods subject to the SCT in the scope of this article and cannot present their purchase documents are obliged to declare the SCT, which is in force on the amount of these goods on the date of statement and precedent. value, to February 29, 2024 and pay in the same term on this statement.

Benefit from the provisions of numeral 3 of VAT, which must be paid by taxpayers within the scope of numeral 2 of article 6 of the law, in 3 equal installments, the first installment within the filing period until February 29 . , 2024, and the following installments are in the first and second month following the filing deadline, if they wish, they must rectify by declaring until February 29, 2024 and pay the tax calculated on the amounts declared within the filing deadline. statement.

On the other hand, since the force majeure situation in Gaziantep, Kilis, Osmaniye and Şanlıurfa provinces, excluding Adana, Diyarbakır, Elazığ, İslahiye and Nurdağı districts, and Gürün district of Sivas province, ended on July 31, the requests and made to the apartments in these places within the scope of Law No. 7440 and payments must be made according to the explanations of the general communiqué of Law No. 7440 on the restructuring of some credits. (Reuters)