May 2026 Financial Agenda
While we were preparing to take a breath of fresh air after submitting the Corporate Income Tax Returns in April, unfortunately, we could not take this breath due to the successive new regulations.
The most significant item on the agenda of May was undoubtedly the Law on Amendments to Certain Laws, which was accepted by the Grand National Assembly of Turkey with Law No. 7582 and published in the Official Gazette dated 04.06.2026 and numbered 33270.
This Law contains important regulations especially aimed at ensuring the entry of foreign currency and foreign investors into the country. These are briefly as follows:
- The maximum deferral period regarding the deferral of public receivables has been increased from 36 months to 72 months, and the amount of receivables for which no guarantee will be sought for deferral has been increased from TRY 50,000 to TRY 1,000,000.
