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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, “Türkiye 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.
For additional information with respect to this Alert, please contact the following:
Kuzey Yeminli Mali Müsavirlik A.S., Istanbul
- Ates Konca, International Corporate Tax Advisory Leader
Ernst & Young LLP (United States), Turkish Tax Desk, New York
- Gamze Durgun
Published by NTD’s Tax Technical Knowledge Services group; Carolyn Wright, legal editor
For a full listing of contacts and email addresses, please click on the Tax News Update: Global Edition (GTNU) version of this Alert.
