MuhasebeNews

Pre-filled income tax return system is a service, in which Turkish Revenue Administration prepare pre-filled tax returns by using data held from its data...

The Rates of Real Profits Created by Means of Financial Investment, April 2020 in Turkey Maximum monthly real profit rate was realized in gold (ingot) Gold...

For the period January 1, 2019 – December 31, 2019; taxpayers should submit declarations concerning their income from immovable properties between the dates of...

Deductions with respect to income to be declared by an annual tax declaration are specified  in Income Tax Law and in other relevant laws....

Non-resident taxpayers do not submit annual declarations for the income from immovable property which are subject to withholding tax in Turkey. Also, in case...

Persons, corporations and entities who rented property and rights in accordance with Article 94 of Income Tax Law are obliged to withhold income tax...

Statistics on Family, 2019 in Turkey The average household size was 3.35 According to the results of Address Based Population Registration System (ABPRS); in Turkey, the...

Rental Income in Turkey In the Event of Loss Any decrease occurring in the capital itself which is subject to income from immovable property is not...

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 ...