What is Deferral or instalment payment of tax?

The option of postponing the deadline for paying a tax or paying the amount in parts. Under the Tax Code it is granted to an interested person if their financial position does not allow them to pay the tax on time, but there are sufficient grounds to believe they will be able to pay within the period granted; for this, at least one of the grounds listed in part two of Article 100 of the Code must exist. If the ground is damage from a natural disaster, technological catastrophe or other force majeure circumstance, or a delay in budget financing (payment for a state order), no interest is charged on the debt; if it is granted on the basis of items 3, 3¹, 4, 5, 6 of part two or of part four, interest is charged on the amount of the debt based on the Central Bank's refinancing rate. The application is submitted to the relevant authorised body, and the decision is made within thirty days from the day the application is received. The decision states the amount of the debt, the tax for which it is granted, and the procedure and deadlines for paying the debt and interest; at the request of the authorised body, pledge documents, a letter of surety or a bank guarantee are submitted. There is also a separate rule: a legal entity or individual entrepreneur is entitled to pay tax additionally assessed as a result of a tax audit or desk tax audit in equal instalments within six months from the day the decision enters into force; for this, a notification is sent to the tax authority. The deferral ends early if the tax and interest are paid in full; if the conditions are breached, it may be terminated early by decision of the authorised body.

Source: Soliq kodeksi, 100-modda; Soliq kodeksi, 101-modda; Soliq kodeksi, 102-modda