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The regulation that restructures debts, which concerns most of society, was accepted in the General Assembly of Parliament the night before. August 31, 2020 will be the configuration milestone. Disputed accounts receivable are not covered. The configuration request can be made until the end of the year. We discuss all the curious details of the setup, which is said to cover a size of 500 billion lira, with 10 important questions.
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What debts does the configuration cover?
* The law basically includes provisions on the structuring of debts with the tax offices, namely, the Ministry of Finance and Finance, the Social Security Institution, the customs directorates, the municipalities, the special administrations and the YIKOB.
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* All administrative fines such as Income Tax, Corporation Tax, VAT, MTV, SCT and social security premium, traffic, election, population fines, fines imposed in accordance with the Road Transport Law, fines imposed by crossings irregular roads, KYK Tax debts, including debts and accounts receivable from the Treasury, will be restructured.