Turkey’s New Tax Debt Rescheduling Deal: Relief via Reduced Interest Rates

What Has Changed

On August 2026, Turkey implemented new rules for tax debt rescheduling (tecil ve taksitlendirme) under Article 48 of Law No. 6183. Key adjustments include:

• Debt can be rescheduled over up to 72 months, depending on case specifics. (gib.gov.tr)
• You can apply for this benefit only until August 31, 2026, but the first installment payments begin in September 2026. (gib.gov.tr)
• If you apply by this deadline, payments switched from a high annual interest rate of 39% down to 29% on eligible debts. (gib.gov.tr)

Who’s Eligible

These changes apply to taxpayers with unpaid government debts that are already subject to collection by tax offices. However, there are exceptions: debts related to special consumption tax, temporary income or corporation tax credits, penalties for tax evasion, late-paid duties, and related stamp or delay charges are not eligible under this program. (gib.gov.tr)

Steps to Apply

1. Verify if your debt qualifies: Review the types of owed amounts and ensure they aren't explicitly excluded.
2. Apply by 31 August 2026: Use the form provided in the regulation, submitted to the relevant tax office. Late applications are not accepted under current terms. (gib.gov.tr)
3. Choose payment period: Options depend on your situation—36, 48, or 72 installments often apply. First payment kicks in as of September 2026.
4. Understand interest implications: If you meet the terms, the interest drops to 29%—substantial savings compared to the previous 39%.

Practical Example

Scenario: A small manufacturer has unpaid amme alacakları (government debt) of ₺100,000 due to delayed VAT, property tax, and other obligations.

• They apply by August 31, 2026 under the new scheme.
• Their first installment begins in September, and they choose to pay over 48 months.
• Interest rate: 29% per annum—significantly lower than earlier terms.

Post-application, staying current with payments is crucial, or the deferred payments can trigger legal remedies.

Implications & Foreseeable Risks

• High nominal interest still: Even 29% is steep by many international standards.
• Cash-flow planning needed: 48–72 payments mean long-term budgeting across years.
• Legal compliance required: Ensure exclusion criteria don’t apply to your specific obligations.

Takeaway

This policy offers a limited-time window to significantly reduce repayment cost of certain tax obligations. Eligible taxpayers should assess their portfolios, apply before deadline, and opt for longer terms if sustainable. It’s a rare chance for debtors to negotiate improved terms—make it count.