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Turkey Increases Interest Rates for Late Tax Payment and Deferred Tax Payment

|Approved Changes|Turkey
Turkey

Turkey's Revenue Administration has announced the publication of Presidential Decision No. 8484, which increased the late tax payment interest rate from 3.5% per month to 4.5% per month with effect from 21 May 2024. The rate was previously increased from 2.5% per month to 3.5% per month with effect from 14 November 2023.

Turkey's Revenue Administration has also announced the publication of G…

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