Turkey sets Aug 31 deadline for tax, SGK and traffic‑fine debt restructuring

The Turkish government has opened a debt‑restructuring programme for unpaid public obligations, including income and corporate taxes, value‑added tax, motor‑vehicle tax, traffic fines, e‑crimisil, judicial fines and student‑loan debts, as well as Social Security Institution (SGK) premiums and unemployment‑insurance contributions. Applicants who submit a request by 31 August can benefit from up to 72 monthly installments, an annual deferred‑interest rate of 29 %, a possible 10‑point interest discount and, for debts up to 10 million TL, no collateral requirement.

Requests can be filed online through the Revenue Administration’s website, the Digital Tax Office or the e‑Devlet portal, or directly at tax offices and SGK units. The number of installments depends on the debtor’s liquidity ratio: 0.50 or higher – 36 installments; between 0.30 and 0.50 – 48 installments; below 0.30 – up to 72 installments. Value‑added‑tax debts are limited to 12 installments. The first tax‑debt installment is due by 30 September, while the first SGK‑premium installment must be paid by 31 August.