Number: 95

Date: 06/09/2018

Title:

Annual deferment interest rate set as 22 %


Annual deferment interest rate currently applied at 12 % has been set as 22 % effective from 6 September 2018.

The aforementioned rate increase has been made through the General Communique on Collections (Series: C, no. 3) published in the Official Gazette dated 6 September 2018.

Accordingly, pursuant to the Article 48 of Law no.6183, a 22 % deferment interest will be applied on public receivables that are postponed on the basis of applications to be submitted as of 6 September 2018.

For the receivables to be postponed on the basis of applications submitted before 6 September 2018 and public receivables deferred before that date and paid in line with deferment conditions, the previous deferment interest rate (12%) is required to be applied as of the application date, as long as they are paid in line with the deferment conditions.

Period applied

Annual rate

28.04.2006 - 20.11.2009

% 24

21.11.2009 - 20.10.2010

% 19

21.10.2010 - 05.09.2018

% 12

as of 06.09.2018

% 22


Our explanations provided above include general information on the issue. No responsibility can be claimed against EY and/or Kuzey YMM ve Bağımsız Denetim A.Ş. due to the implications arising from the context of this document or emerging with respect to its context.
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