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 Debt Restructuring and First Installment Payment Period Extended


The restructuring of debts to the state and the payment period of the first installments of previously structured debts were extended. The last day for the applications to be made in order to restructure the debts to the government and the payment of the first installments of the debts that were structured was 30 May 2023. In this context, the deadline for applications to restructure debts to the government has been extended to 30 June, and the day to pay the first installments of previously structured debts has been extended to 30 July. The time extensions in question were made with the Presidential decision published in the Official Gazette.


Debt Restructuring and First Installment Payment Period Extended
The restructuring of debts to the state and the payment period of the first installments of previously structured debts were extended. The last day for the applications to be made to restructure the debts to the government and the payment of the first installments of the debts that were structured was 30 May 2023. In this context, the deadline for applications to restructure debts to the government has been extended to 30 June, and the day to pay the first installments of previously structured debts has been extended to 30 July.
The time extensions in question were made with the Presidential decision published in the Official Gazette.
The law on the restructuring of debts to the state entered into force on March 13, 2023, and many citizens structured their various debts to the state. When the said law was enacted, it also authorized the President to extend the application period and the first installment payment period by one month. Based on this, according to the Presidential decision published in the Official Gazette, the application date for the restructuring of the debts to the state, which will expire on 30 May, has been extended until 30 June. In addition, the first installment payment period of debts to the government has been extended until 30 July.
Within the scope of restructuring, 3 million 279 thousand taxpayers had a debt of 180 billion TL, 4 million 884 thousand structuring files were created and the amount collected reached 8.2 billion TL.
The debts structured under the law can be paid in cash or installments. In case of advance payment, up to 90 percent of the default interest and penalty of the restructured debt can be written off.
The debts that can be restructured include All taxes, premiums, traffic, military service, population, bridge, highway illegal tolls and judicial fines, administrative fines, student loan debts, support premium debts, real estate tax of municipalities, all receivables, including water debts, dues of chambers and commodity exchanges, unions.
Source: https://www.ntv.com.tr/ntvpara/son-dakika-haberi-borc-yapilandirma-basvurusu-ile-ilk-taksit-odeme-suresi-uzatildi,BP33vjODjUyQUivW_eIgzA