The Ministry of Finance and Treasury published a Decree No. 62 on September 5, 2018, in the Official Gazette. This Decree contains increase in monthly interest penalty for late payment taxes from 1.4% to 2.0%. Again then on September 6, 2018, a General Communiqué Series C No. 3 was published in the Official Gazette. It contains an increase in the annual interest form 12% to 22% on about deferred payment of public receivables. In accordance with this Communiqué, the penalty rate is (2/100/30=) 0.000667 per day. These both Decree and Communiqué applies from its publication day.
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