RESTRUCTURED PAYMENT OPTIONS FOR TAX AND OTHER DEBTS WITHIN THE SCOPE OF BILL OMNIBUS NR. 6552

6552 enumerated 'Law regarding the restructuring of certain receivables with the changes in the labor law and other laws and enactments' has been published in the Reiterated Official Gazette and entered into force on the date of publishing. With the Bill Omnibus, which includes 146 articles, many regulations have been subject to important changes. This article consists of briefing regarding the imposed regulations on tax and other debts. Click here to find out about the changes in labour law.

The Law Amending Certain Labour Laws and Regulations and Restructuring Tax Debts, numbered 6552, published in the Official Gazette on 11/09/2014 makes a number of important changes in sundry laws and regulations. One of these changes concerns the administrative fine provisions in the Social Security and Public Health Insurance law, numbered 5510. The new bill has enacted the provisional article 57 allowing for cancellation of public debts subject to certain conditions. The following consists of a brief explanation on this procedure.