May 31, 2023
Turkey extends the deadline for tax amnesty application
Turkey introduced tax amnesty as per the Law No 7440. The deadline to apply under certain tax amnesty rules was determined to be 31 May 2023. See EY Global Tax Alert, “Turkey introduces tax amnesty,” dated 23 March 2023.
On 26 May 2023, Presidential Decision No 7300 extended the deadline through 30 June 2023 for applying under certain provisions of the Tax Amnesty Law, such as restructuring finalized and non-finalized receivables and increasing taxes and the tax base. The payment deadline of the first installment has been extended through 31 July 2023.
Kuzey Yeminli Mali Müsavirlik A.S., Istanbul
Ernst & Young LLP (United States), Turkish Tax Desk, New York
Published by NTD’s Tax Technical Knowledge Services group; Carolyn Wright, legal editor