Tag: property

DECLARATION OF RENTAL INCOME IN TÜRKİYE Non-resident taxpayers do not submit annual returns for their incomes from immovable property which are taxed wholly by the...

EXPENSES TO BE DEDUCTED WHEN DETERMINING RENTAL INCOME IN TÜRKİYE In the taxation of rental income, the net amount of the income obtained is determined...

Incomes obtained from renting of the property and rights which are stated in the Income Tax Law No.193 is defined as “income from immovable...

The income obtained from leasing of the properties and rights which are stated in Income Tax Law is defined as “immovable property income” and...

Is it possible for foreigners to obtain property in Turkey?   There are three ways for foreigners to obtain property in Turkey based on their status: 1-...

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

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

What are the property and rights that are subjects of rental income? Property and rights which are subjects of rental income are defined in Article...

A taxpayer keeps accounting records on the basis of balance. If the taxpayer sells their real property that is entered as an asset, would...

Is it possible to apply deduction on the VAT (TRY 150.000) of a property that we bought from a construction company to use as...