On the date of collection and expenditure, buying rate for Euro announced by The Central Bank of Republic of Turkey is assumed as 6 TL.

Total Revenue from workplace (gross)  = 10.000 € x 6 TL = 60.000 TL

Since the total rental income is subject to withholding in Turkey, the annual tax return will not be declared regardless the amount.

Example: Taxpayer (D), living in Brussels, leased out his flat in Ankara and obtained 7.000 € as rental income in 2018. Also he leased out his office in Ankara and obtained 9.000 € as rental income in 2018. It is withheld 10.800 TL from rental income of workplace.

On the date of collection and expenditure, buying rate for Euro announced by The Central Bank of Republic of Turkey is assumed as 6 TL.

Total Revenue from workplace (gross) = 9.000 € x 6 TL = 54.000 TL

He has no other income to declare in Turkey and preferred the lump-sum expenses method.

Since the total rental income is subject to withholding in Turkey, the annual tax return will not be declared regardless the amount.

Income tax for rental income from her flat exceeding the exempted amount is calculated as follows:

Total Gross Revenue (7.000 € x 6 TL) 42.000 TL

Amount of exception 4.400 TL

Balance (42.000 – 4.400) 37.600 TL

Lump-sum Expenses (37.600 x 15%) 5.640 TL

Taxable Income (37.600 – 5.640) 31.960 TL

Amount of income tax calculated 5.652 TL

Amount of income tax payable 5.652 TL Stamp duty 72,70 TL

Example : Taxpayer (E), living in Italy, leased out her office in Malatya in 2018 to a taxpayer whose income subject to simple method and obtained 6.500 TL as rental income annually.
She preferred the lump-sum expenses method and income tax for rental income is calculated as follows:

Rental Income from Workplace 6.500 TL
Lump-sum Expenses (6.500 x 15%) 975 TL
Taxable Income (6.500 – 975) 5.525 TL
Amount of income tax calculated 828,75 TL
Amount of income tax payable 828,75 TL Stamp duty 72,70 TL

Source: gib
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Turkish Airlines won 3 awards which were voted for by 22.000 travelers.

‘’Turkish Airlines Corporate Club’’ won the award for ‘’Best Corporate Travel Program’’.

The Airline won the ‘’Best Airline for Business Passengers’’ for the second time this year.

It was also granted the ‘’Best Airport Staff’’ award.

Yasal Uyarı: Bu yazıdaki bilgiler sadece genel bilgilendirme amacıyla verilmiştir. Kişi veya kuruma özel profesyonel bir bilgilendirme amacı güdülmemiştir. Konu ile benzerlik gösterse de her işletmenin kendi özel şartları nedeniyle farklı durumları olabilir. Bu nedenle, bu yazıda belirtilen bilgilerden yola çıkarak işletmenizi etkileyecek herhangi bir karar alıp uygulamaya geçmeden önce, uzmanına danışmanız menfaatiniz gereğidir. Karen Audit veya ilişkili olduğu kişi veya kurumlardan hiç biri, bu belgede yer alan bilgilerin özel veya resmi, gerçek veya tüzel kişi, kurum ve organizasyonlar tarafından kullanılması sonucunda ortaya çıkabilecek zarar veya ziyandan sorumlu değildir.