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Solve your tax problems with the right decision at the right time. Turkey has one of the most attractive tax systems in the world.

Investors can benefit from relatively low taxation. Here is some information when it comes to taxes in Turkey:

What are the taxes in Turkey?

• The income tax rate in Turkey varies progressively between 15% and 40% depending on the amount of income as follows.

Am I taxable in Turkey?

• Persons who stay in Turkey for more than 6 months in a calendar year are subject to unlimited tax liability. Limited tax liability exists for people who stay in Turkey for less than 6 months - but earn an income from or in Turkey.

Is rental income from Turkey taxable in abroad?

• Anyone who earns rental income in Turkey must declare it in the abroad income tax return. Although this income is tax-free, it increases the tax rate on abroad income.

What is the property tax in Turkey?

• The annual property tax is approximately 0.33% of the cadastral value. Payment can be made in installments: the first half by the end of May and the second half by the end of November. Payments are made to the municipality to which district your property belongs.

For further questions and answers please contact us.


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