If the person uses the rented place as home-office, how will the rent declaration be issued? (In Turkey)
The lessee uses the house, which is rented as a residence by the lessor, as home-office. Will the lessor declare this place as a residence or a workplace in the rental income declaration? Will the lessor be able to deduct tax from the withholding payments made here?
As the purpose of the use is the workplace, the lessee will make a 20% Income Tax withholding from the lease payment. The person who obtains rental income will also submit the declaration of real property income of the workplace.
The tax deducted from the calculated tax will be set off. (According to the provisions of Article 86 of the Income Tax Law)
Source: İSMMMO
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