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The overall export unit value index in Turkey decreased by 2.5%...

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Foreign Trade Indices, March 2020 in Turkey The overall export unit value index decreased by 2.5% As compared with the corresponding month of the preceding year,...

The number of live births was 1 million 183 thousand 652...

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Birth Statistics, 2019 in Turkey Number of live births was 1 million 183 thousand 652 Number of live births was 1 million 183 thousand 652 in...

Time and Form of Tax Payment in Turkey

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Income tax calculated on the declaration is paid in two equal installments in March and July of 2020. The first installment must be paid...

The amount of collected cow’s milk in March increased by 4.7%...

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Milk and Milk Products, March 2020 in Turkey Milk collected by integrated dairies was 878 thousand 593 tonnes The amount of collected cow's milk in March...

Chicken meat production increased by 9.3% and hen egg production decreased...

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Poultry Production, March 2020 in Turkey Chicken meat production was 191 thousand 629 tonnes, hen egg production was 1.7 billion units Turkey meat production increased by...

Rental Income from Immovable Property in terms of Double Taxation Agreements...

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

Examples Related to Rental Income Declaration in Turkey

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Example 1: Taxpayer (A), living in Germany, leased out his flat in Ankara and obtained 20.000 € as rental income in 2019. He preferred the...

The number of unemployed persons decreased by 502 thousand to 4...

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Labour Force Statistics, February 2020 in Turkey Unemployment rate realized as 13.6% The number of unemployed persons aged 15 years old and over decreased by 502...

Building construction cost index in Turkey increased by 7.88% annually and...

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Construction Cost Index, March 2020 in Turkey Construction cost index increased by 6.92% annually and remained stable monthly In March 2020, construction cost index (CCI) remained...

What are the income tax rates in Turkey?

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According to the Income Tax Law, the income tax for the incomes gained at 2019 will be calculated using the tax rates below.* Up to...