Amendment on some deadlines related to Law on Creation of Financial Holiday

Code no: 6661 on making amendments to military law and some other laws that has been published in the 29606 numbered official gazette on 27.01.2016 amended Code no:5604 on creation of financial holiday with its Art.18.

“Seven days” and “seventh day” phrases of the sixth paragraph of the Law on Creation of Financial Holiday Art.1 have been changed to “five days” and “fifth day”.

According to the amendments made;

1. Special consumption tax, banking and insurance transactions tax,
   tax on games of chance has been removed from the scope of application of the financial holidays.
2. The legal and administrative periods that are in the scope of application of the law, which ends on the fifth day following the end of financial holiday, will be considered as done from the end of the shift of the fifth day following the last day of the financial holiday. These periods used to be seven days.
3. Pay period for declaration based taxes which have extended periods for declaration due to the financial holiday, (on condition that it stays in the same month) will be considered as extended to the end of shift of the day following the deadline of the extended declaration period.

Find the said amendment below

http://www.resmigazete.gov.tr/main.aspx?home=http://www.resmigazete.gov.tr/eskiler/2016/01/20160127.htm&main=http://www.resmigazete.gov.tr/eskiler/2016/01/20160127.htm