Page 10 - VGAgustos_2014

Vergide Gündem English Translation Certain finalized public receivables are being restructured Introduction The “Bill on Amendment to the Labor Law in addition to Certain Laws and Decree Laws as well as Restructuring Certain Receivables” was accepted in the session dated 10 July of Grand National Assembly of Turkey, Planning and Budget Commission. The Bill continues to be discussed in the General Assembly of the Grand National Assembly of Turkey on the date when this article is written. The Bill in question also includes certain regulations on restructuring certain public receivables. Consequently, many of public receivables such as the receivables within the scope of Tax Procedures Law, customs duties and penalties, SSI premium payables and penalties, and judicial and administrative monetary fines followed up under the Law on Procedures of Collecting Public Receivables are within the scope of restructuring. In this article, we will only focus on how to restructure the taxes, tax penalties and delay interests stated in the article 75 of the Bill and within the scope of the Tax Procedures Law and the public receivables pertaining to the delay interests calculated within the scope of the Law no. 6183; and the effects of the regulation in question on taxpayers. Within this scope, in case that the Bill is enacted in this form, the public receivables pertaining to taxes, tax penalties, delay interests and delay surcharges that may be subject to restructuring and the conditions to benefit from the restructuring are provided in the following sections of the article. Taxes, tax penalties, delay interests and delay surcharge which are within the scope of the Tax Procedures Law and subject to restructuring Among the public receivables pertaining to taxes, tax penalties, delay interests and delay surcharges within the scope of the Tax Procedures Law; • Taxes pertaining to the periods before 30.04.2014 (including this date) and the relevant tax penalties, delay interest and delay surcharge, • In the taxes based on declaration, taxes pertaining to the tax returns that must be submitted until 30.04.2014 and the relevant tax penalties, delay interests and delay surcharges (except for the second installment of income taxes pertaining to 2013 calendar year), • Taxes pertaining to 2014 accrued before 30.04.2014 (including this date) and the relevant tax penalties, delay interests and delay surcharges (except for the second installments of the motor vehicle taxes accrued for 2014) • Tax penalties not related to principal taxes pertaining to determinations made before 30.04.2014 (including this date), are within the scope of restructuring. 10 Ağustos 2014