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Foreigners owning properties in Turkey, must pay tax on their rental income in Turkey. This tax has always been controversial because of its calculation system that might seem complicated. We will try in this section to make simplify it as much as we can to give you an idea about the expenses you should be paying.

This tax is calculated based on the gross income in TL and it changes according to the property’s function whether it’s residential or commercial. There are two different methods to calculate these taxes that you can choose the most appropriate for you.

First, you will take out 25% of your income, and you will pay the tax according to the remaining amount us the following:

  • Up to 14,800 TL: 15%
  • For 14,800 TL: the tax is 2,200 TL, from 14,800 TL to 34,000 TL: 20%
  • For 14,800 TL: the tax is 2,200 TL, from 14,800 TL to 34,000 TL: 20%
  • For 14,800 TL: the tax is 2,200 TL, from 14,800 TL to 34,000 TL: 20%
  • For 34,000 TL: the tax is 6,060 TL, from 34,000 TL to 80,000 TL: 27%
  • For 80,000 TL : the tax is 18,480 TL, over 80,000
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