Turkey’s Ministry of Treasury and Finance has extended the deadline for restructuring public debts under Law No. 7440 to 1 September 2025 for earthquake-affected regions.

The first payment is due by 30 September 2025, with subsequent instalments following monthly.

Taxpayers seeking tax increases must apply and complete payments for corporate tax, VAT, and withholding tax by 1 September 2025.

Those making stock adjustments must submit VAT declarations and inventory lists by the same deadline.

Additionally, unaccounted cash, intercompany loans, and non-operational receivables must be declared and settled by 1 September 2025. Taxpayers with goods subject to Special Consumption Tax (SCT) must also file declarations and make payments by this date.

Earlier, Turkey’s Revenue Administration has released Presidential Decision No. 9500 on 1 February 2025, extending provisions for restructuring tax debts.

This measure revisits installment payment terms established under previous laws, including Law No. 7256 from 11 November 2020, and Law No. 7326 from 3 June 2021.