21.07.2022/53
The Late Payment Penalty and Deferral Interest Rates Have Been Increased
With the Presidential Decree No. 5801 published in the Official Gazette No. 31899 on 21.07.2022, the late payment penalty rate applied under Article 51 of the Law on the Collection of Public Claims No. 6183 has been increased from 1.6% to 2.5% per month.
As a result, the late payment interest rate applied under Article 112 of the Tax Procedure Law has also been raised to 2.5% per month.
Furthermore, the same Official Gazette published the C Series and No. 6 Tax Collection General Communiqué, under which the deferral interest rate applied under Article 48 of Law No. 6183 has been increased from 15% annually to 24% annually.
You can access the relevant Presidential Decree here.
You can also access the relevant General Communiqué here.
Best regards,
BİLGENER
