Tag: income

Rental income from immovable property is mentioned in Article 6, titled “Income from Immovable Property” and Article 12, titled “Royalties” of Double Taxation Agreements...

Income tax calculated on the declaration is paid in two equal installments in March and July of 2019. The first installment must be paid...

Pre-filled income tax return system is a service, in which Turkish Revenue Administration prepare pre-filled tax returns by using data held from its data...

For the period January 1, 2018 – December 31, 2018 ; taxpayers should submit declarations concerning their income from immovable properties between the dates...

Deductions with respect to income to be declared by an annual tax declaration are specified in Income Tax Law and in other relevant laws....

Non-resident taxpayers do not submit annual declarations for the income from immovable property which are subject to withholding tax in Turkey. Also, in case...

Any decrease occurring in the capital itself which is subject to income from immovable property is not considered as loss and is not accepted...

 Deduction of Expenses in the Actual Expenses Method Taxpayers who have opted for the lump sum method can, after deducting the amount of exception from...

In the taxation of rental income, the net amount of the income obtained is determined in two different ways as follows: Actual expenses method ...

The amount 4.440 TL of rental income from house for the year 2018 is exempted from income tax. If persons, who gain rental income...