MuhasebeNews

Expenses to be Deducted When Determining the Rental Income (In Turkey) Calculation of deductible expenses in case of exception in actual expenses method Where a taxpayer...

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 5.400 TL of rental income from house for the year 2019 is exempted from income tax. If persons, who gain rental income...

Consumer Price Index, April 2020 in Turkey Consumer price index (CPI) increased by 10.94% annually and 0.85% monthly A rise in general index was realized in...

Domestic Producer Price Index, April 2020 in Turkey Domestic producer price index (D-PPI) increased by 6.71% on annual basis, increased by 1.28% on monthly basis D-PPI...

Low or No Value For Rental Income “Equivalent rental value” is taken as bases in case of low or no value for rental income. According...

Obtaining of Rental Income Obtaining of rental income is bound to collection principle. In order to tax the rental income in accordance with the collection...

CBRT - BIS-Locational and Consolidated Banking Statistics Developments - December 2019 BIS – Locational Banking Statistics Total foreign currency assets of the banking sector in Turkey...

Property and rights which are subjects of rental income are defined in Article 70 of Income Tax Law. They are mentioned as; Land, building,...

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