Final days for MTV payment
The deadline for the second installment of the additional Motor Vehicle Tax is November 30. If not paid, a monthly late payment interest rate of 3.5 percent will apply.
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The Presidential Decree regarding the redetermination of the late payment interest rate applied to public receivables was published in the Official Gazette yesterday.
The late payment interest rate applied to public receivables has been set at 3.5 percent. There are only a few days left for the final installment payment of the Motor Vehicle Tax, which is being paid twice this year as a one-time measure.
The payment period for the second installment ends on November 30. If it is not paid by November 30, a monthly late payment interest rate of 3.5 percent will apply.