Turkey's Revenue Administration has announced the publication of Law No. 7256, the Law on Restructuring Public Receivables and Amending Certain Laws.
Some of the main measures of the law are for the introduction of a new tax amnesty regime for outstanding public receivables including most taxes, customs duties, social security, administrative fines, late payment interest and penalties, etc., as well as remaining installment payments due under the prior amnesty regime. In general, the regim…