02.06.2023/65
The possibility of installments for the additional tax within the scope of Law No. 6183 has been introduced.
With the Internal Circular on Collection Serial No. 2023/2 published by the Revenue Administration on 31.05.2023, the possibility of making installments within the scope of Article 48 of the Law No. 6183 for the “Additional Corporate Tax” established by the twenty-seventh paragraph of Article 10 of the Law No. 7440 on the Restructuring of Certain Receivables and Amendments to Certain Laws has been introduced.
According to the aforementioned article, if the payment of the debt at maturity or the enforcement of the seizure or the conversion of the seized goods into money will put the public debt debtor in a very difficult situation, the public debt may be postponed for a period not exceeding 36 months and with interest, provided that the debtor has requested in writing and has provided collateral.
Pursuant to this provision, the Additional Corporate Tax, which will be paid in 2 installments, has been postponed for a period not exceeding 12 months.
You can access the relevant Circular published by the Revenue Administration here.
Sincerely,
BİLGENER
