Category: Taxation

In Turkey, the standard VAT rate is 18% and applies to most goods and services. However, some goods and services are subject to reduced VAT rates. For example: 1% VAT: applies to certain essential goods, such as bread, books, and newspapers. 8% VAT: applies to some food products, agricultural products, and certain other goods ...

Understanding Property Yearly Tax in Istanbul: A Comprehensive Guide Introduction: Owning a property in Istanbul comes with certain tax obligations, including property yearly tax. As an important aspect of property ownership, understanding the tax regulations is essential for both residents and foreigners. In this comprehensive guide, we will explore the key details and provide ...

Motor Vehicle Tax (MTV) is a tax imposed on vehicles in Turkey, including cars, motorcycles, and other types of vehicles. The amount of tax paid is based on the engine displacement, age of the vehicle, and other factors such as emissions and fuel type. The tax rate for motor vehicles in Turkey varies depending ...

Stamp Duty: What It Is and How It Works in Turkey Stamp duty is a type of tax that is imposed on various types of legal documents in Turkey. The purpose of stamp duty is to generate revenue for the government and to help ensure that legal documents are properly executed and recorded. In ...

Social Activities to Enjoy in Istanbul Istanbul is a vibrant and bustling city, offering plenty of opportunities to socialize and connect with others. Whether you’re looking for cultural experiences, nightlife, or outdoor activities, Istanbul has something for everyone. Here are some social activities to enjoy in Istanbul: Explore the City’s Rich History: Istanbul is ...

In Istanbul, there are various taxes that individuals and companies may be subject to. Here are some of the main taxes in Istanbul: Income Tax: Individuals who are residents of Turkey are required to pay income tax on their earnings, including salaries, rental income, and other sources of income. The income tax rates in ...

Navigating Rental Income Tax in Turkey: A Comprehensive Guide for Property Owners Introduction: Welcome to Estates Istanbul, your trusted partner in navigating the intricacies of rental income tax in Turkey. As a leading real estate company catering to foreign clients, we understand the importance of providing comprehensive guidance on tax obligations. In this article, ...

Corporate tax in Turkey is levied on the taxable income of companies, including limited liability companies, joint stock companies, and other entities engaged in commercial activities. The corporate tax rate in Turkey is currently set at a flat rate of 22%. Companies are required to file their annual tax returns and pay their corporate ...

Property Income Tax in Turkey: A Comprehensive Guide to Revaluing Property In the dynamic real estate environment of Turkey, revaluing your property is a crucial step, especially when you are on the brink of selling it. The property income tax in Turkey is intricately tied to the current value of your property, which can ...