The largest debt restructuring in the history of the republic came into force

SHAFAQNA TURKEY – The largest debt restructuring in the history of the Republic was published in the Official Gazette and entered into force.

Debt restructuring in the amount of 1 trillion 300 billion liras is envisaged. Under which 13 institutions will receive…

Chartered Chartered Accountant Abdullah Tolu said: “The enactment of the law is not enough for filing applications. Relevant institutions and organizations were also required to publish their communiqués. The Social Security Institution, the Customs Administration, the Revenue Administration issued the necessary communiques on this matter.

Applications are being accepted gradually.

Since the new week, consideration of applications for restructuring has begun, which are at the stage of litigation, consideration and evaluation.

While stating that applications related to the tax base, tax increases and regulation of business registration are not yet ready on my website, Tolu said: “There is a question about the gradual acceptance of applications. As of the first weekend of April, it will be possible to achieve such a result as the acceptance of all applications.

Debt restructuring period

Applications are also accepted from those whose tax debt is before December 31, 2022.

Applications must be submitted by May 31, 2023. The first payment must be made by June 30, 2023.

Applications can be submitted on the website of the Revenue Authority or through e-government. You can also contact the relevant tax office. TRT