orbitax.com (20.03.2020) Turkey's Social Security Institution has issued a release announcing that six-month extensions are being provided for social security contribution payments due to COVID-19. The extensions are provided based on the deadline extensions for force majeure announced by the tax administration in March (previous coverage). As such, the extensions apply for taxpayers covered by the force majeure extensions and certain others as follows:
Payment to social security contributions have been extended by 6 months. The months deferred are April, May and June.
Turkey Provides Social Security Payment Extensions Due to COVID-19
Turkey's Social Security Institution has issued a release announcing that six-month extensions are being provided for social security contribution payments due to COVID-19. The extensions are provided based on the deadline extensions for force majeure announced by the tax administration in March (previous coverage). As such, the extensions apply for taxpayers covered by the force majeure extensions and certain others as follows:
- the deadline for contributions due by the end of April 2020 is extended to 2 November 2020;
- the deadline for contributions due by the end of May 2020 is extended to 30 November 2020; and
- the deadline for contributions due by the end of June 2020 is extended to 31 December 2020.
The extensions are provided without interest or penalties.