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What is the Exception in Rental Income in Turkey?

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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 in Turkey increased by 0.85% monthly

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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 in Turkey increased by 1.28% on monthly...

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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...

What is taken in case of low or no value for...

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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...

How is rental income obtained in Turkey?

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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...

Total foreign currency assets of the banking sector in Turkey increased...

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

What are the Properties and Rights which are subjects of Rental...

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

Rental Income Application in Turkey

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

Tourism income in Turkey decreased by 11.4% in the first quarter...

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Tourism Statistics, Quarter I: January-March, 2020 in Turkey Tourism income decreased by 11.4% In the first quarter which is January, February and March months of 2020...

Services producer price index in Turkey increased by 12.10% annually and...

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Services Producer Price Index, March 2020 in Turkey Services producer price index (S-PPI) increased by 12.10% annually and 0.99% monthly S-PPI (2017=100) increased by 0.99% monthly,...