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Turkey Extends Tax Amnesty Application Deadline — Orbitax Tax News & Alerts

On 26 October 2016, Turkey published Decree No. 2016/9385 in the Official Gazette, which extends the deadline to submit applications for the tax amnesty program to 25 November 2016. The tax amnesty program was introduced by Law No. 6736 ({News-2016-08-26/A/5- previous coverage}), and includes provisions for the restructuring of outstanding tax debts, the disclosure and repatriation offshore assets, and the correction of accounts. Originally, applications for the program were due by 31 October 2016.