Turkey debt restructuring deadline set for August 31

The deadline for taxpayers and businesses in Turkey to apply for debt restructuring is August 31, 2026. Under the regulation managed by the Revenue Administration and the Ministry of Treasury and Finance, certain public receivables can be paid in installments for up to 72 months.

Eligible debts include income tax, corporate tax, value-added tax (VAT), various fees, traffic fines, judicial fines, and student loan debts. However, VAT debts are limited to a maximum of 12 installments, while other eligible debts can extend up to 72 months depending on the debtor's financial situation. Special consumption tax (SCT) and certain temporary taxes are excluded from this arrangement.

A reduced annual deferral interest rate of 29% will be applied. For debts not exceeding 10 million TL, no collateral is required; for amounts exceeding this threshold, collateral equal to half of the excess amount must be provided. Applications can be completed digitally via the Digital Tax Office or e-Devlet. The first installment payments for approved applications are due by September 30, 2026.