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Taxation

Untitled Document VAT as the main turnover tax is part of the fundamental criteria for full EU membership and Turkey replaced the existing production tax with VAT (KDV) in 1985. The rise in the rates and changes in the structures of Turkish VAT as a result of fiscal approximation clearly have major economic effects on the Turkish economy. The percent of VAT charged is different on every subject. A Tax refund is applicable for short-term visits.

Check whether the price announced on the goods contains VAT. It is better if you see the label Fiyatlarımıza KDV Dahildir which means, "VAT is included in our prices".

Your employer deducts Turkish income tax (Gelir Vergisi) from your salary. With regard to your home country's income tax laws, consult your Consulate for rules and regulations.

If you have your own business it is strongly recommended to have advice from a financial auditor.

Other taxes to be paid include:
Car tax (Taşıt Vergisi) paid in two installments: January and July.
Property tax (Emlak Vergisi) should be paid in two installments: May and November.




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  • Latest comments about this article

     By ibrahimozkan  21.7.2007

    anser to sunworshipper, first of all your question wasnt clear but i am thinking those houses are in turkey, if you rented your place to somebody else, you have to declare this income to tax office every year before 15th of march form called 1001b forms called as property income tax, when you fill in that form there are some criterias such as in 2006 if your rental income higer then 2200 ytl per year then taxable and have to declare to tax office and there are some advantage you can deduct from your rent income, such as services cost,deprication,emlak vergisi(property tax), property insurances, or some development constructions, and so on, after all this cost remain amount will be taxable, dont forget to keep all your receipt Regards Ibrahim ozkan Expat In Holland

     By ibrahimozkan  21.7.2007

    Answer to kathy1951, Bina and Emlak vergisi same thing but called as different name, emlak (bina) Vergisi, you have to pay 2 times a year may and november, calculation is very simple, for house %0.1 for fields,lands %0.6 depends on value of property also where is located your property such us located in border of Belediye or outside of belediye, every year,all Belediyes are doing inflation correction roughly increasing %50 percent of inflation Regards Ibrahim ozkan Expat in Holland

     By wildep  27.7.2006

    in answer to Kathy1951. Bina vergisi is the equivalent of your council tax over here. Emlak vergisi is what you have to pay for renting your property out (approx.£200 per year)

     By rickandbill  19.2.2006

    As explained to us recently by another American who lives in Turkey and owns rental property here in Turkey - We are to pay Turkish taxes on income earned on Turkish rental property. This much we knew. However, he also told us that income earned in America that finds its way to Turkey is officially taxable!! We are guessing it can be tracked through our bank account to which a tax ID was assigned. Does anybody know about this??

     By kathy1951  29.12.2005

    Your mention about property tax, Does ´Emlak Vergisi´ mean the same as ´Bina Vergisi I´m very confused about this. I pay ´Bina Vergisi´ once a year,where I pay my water bill, is there another tax I have to pay??? Thanks Kathy

     By sunworshipper  12.7.2005

    Hi everyone, this website is a real find me and my husband. We have recently moved to Turkey and have 3 apartments, two of which we rent out to holiday makers. Upto now we have paid tax in the uk on any profit made. Now we are living here, can i still continue to pay our taxes through the uk tax return system as all our income from the rentals is generated in the uk and stays in the uk, for longterm investment. We do not actually work in Turkey. We are confused as to what we should be legally doing. Any advise?

     By mstephan  10.3.2005

    I second that comment. There needs to be some information about how to start a business in Turkey on here.

     By rosalindkims  20.11.2004

    Is it possible to get something in writing in laymans terms about how to start and run a business (not a restaurant or bar) for some one who is not Turkish.....???

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