Extension of the Application Periods stated in the “Law on Restructuring of Some Receivable Accounts”

As you know, 6736 numbered “Law on Restructuring of Some Receivable Accounts“, colloquially known as the “Law on Tax Amnesty”, have been entered into force after being published  in the 19.08.2016 dated Official Gazette. 2016/9385 numbered Cabinet Decree which was published in the 25.10.2016 dated Official Gazette has brought some changes to the application periods stated in this code.

• The application periods, stated in the 6736 and that were until the date of 31.10.2016, are extended to the date of 25.11.2016.

• The application periods stated in the Art.4 paragraph 1 of the same code, considering the transactions that are in the phase of examination and assessment are prolonged one month from the date of 31.10.2016.

Aforesaid decree can be found here:

http://www.resmigazete.gov.tr/main.aspx?home=http://www.resmigazete.gov.tr/eskiler/2016/10/20161026.htm&main=http://www.resmigazete.gov.tr/eskiler/2016/10/20161026.htm