What is Tax payment deferral? | ARSEN Audit Glossary

Q: What is Tax payment deferral?

Deferring or paying in instalments a public receivable that cannot be paid when due, at the taxpayer's request and on provision of security. Deferral is granted under Article 48 of Law No. 6183, and deferral interest applies during the deferral period. If the deferred amount is not paid in accordance with the conditions, the deferral lapses and enforcement begins.

Deferral is granted under Article 48 of Law No. 6183, and deferral interest applies during the deferral period. If the deferred amount is not paid in accordance with the conditions, the deferral lapses and enforcement begins.

Source: Law No. 6183 Art. 48

Related terms

Late payment surchargeA surcharge applied for each month from the due date when a public receivable is not paid on time.Advance taxTax paid in advance during the year by income and corporate taxpayers, in quarterly periods, on current-period earnings.Arm's length principleThe principle that transactions between related persons should be carried out at the prices and on the terms that would apply between independent parties with no such relationship.Capital gainGains of individuals from disposing of certain assets and rights that are subject to income tax.Certified public accountant (SMMM)A professional authorised to keep taxpayers' books, prepare their financial statements and advise on accounting and tax matters.Corporate income taxThe tax levied on the earnings of capital companies, cooperatives and other corporate entities.

Last updated: October 22, 2026 · This definition is for general information only.