Article 51 of the Law on the Collection of Public Receivables no.6183 contains a provision indicating that the unpaid portion of the public receivable is subject to a 4% late fee for each month starting from the end of the maturity. Pursuant to this article, the President is mandated to reduce the rate by up to 10% or increase up to 2 folds.
This mandate has been exercised by the President through the Decision no.1266 published in the Official Gazette dated 29 June 2019 and is set as 2,5 % per month as of 1 July 2019 to be calculated separately for each month.
Period applied
Monthly rate
19.11.2009 - 18.10.2010
1,95%
19.10.2010 - 04.09.2018
1,40%
05.09.2018 - 30.06.2019
2,00%
As of 01.07.2019
2,50%
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.
Bu web sitesi, işlevselliği sağlamak ve online deneyiminizi geliştirmek için çerezler kullanır. Bu web sitesini kullanarak EY Çerez Politikası ve Aydınlatma Metni’nde yer alan şekilde, çerezlerin kullanılmasına rıza gösterirsiniz.