Home Tax How Turkish Citizens Living in Turkey can declare incomes from movable capitals?

How Turkish Citizens Living in Turkey can declare incomes from movable capitals?

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How Turkish Citizens Living in Turkey can declare incomes from movable capitals?

Turkish citizens living in abroad more than six months by obtain work or residence permit, have limited liability to tax.
If the taxation of income is over incomes from movable capitals of the Turkish citizens, having limited liability to tax, there will be no need to give declaration.
The ones who have limited liability to tax, are supposed to pay tax and give declarations of the earnings over incomes from movable capitals which are not subject to tax cut, within 15 days.

Source:Income Tax Law
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.

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