Property Taxes and Types of Taxes in Turkey 2025
Table of Contents:
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Property Taxes
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Income Taxes
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Expenditure Taxes
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Wealth Taxes
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Tax Incentives
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How Damas Group Real Estate Can Help You
Turkey has a unique property tax system, along with a variety of other taxes, which is similar to the tax systems used in the European Union. Despite its diversity, the system is easy to understand and track, and information about tax obligations can be accessed through the e-Government platform (e-Devlet).
Below is an overview of the main types of taxes in Turkey in 2025:
Property Taxes in Turkey
Property taxes in Turkey, known as "Emlak Vergisi," are levied on the value of both public and private properties. These taxes are part of local taxes and are collected and managed by municipal authorities. Here’s a detailed explanation of property taxes in Turkey:
Who Pays Property Taxes?
Property taxes are imposed on all individuals who own real estate in Turkey, whether residential or commercial.
Why Are Property Taxes Imposed?
The revenue from these taxes is used to fund public services and local infrastructure. Municipal authorities in Turkey manage these taxes.
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Property Taxes Details :
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Title Deed Tax (Tapu Harcı):
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Rate: 4% of the property value.
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When Paid: Once, during the transfer of property ownership.
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Annual Property Tax:
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Rate: 0.3% of the property value.
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When Paid: Annually.
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Capital Gains Tax:
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Rate: Starts at 15%, depending on net income.
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Note: No tax is applied if the property is sold after 5 years of ownership.
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Determining Property Value:
Property values are assessed by local authorities based on factors such as location, size, usage, and current market value. Special valuation committees are often appointed to determine these values.
Payment:
Property taxes are typically collected annually. Property owners must pay the due amount to local authorities by the specified deadline. Payments can also be split into installments.
Exemptions and Discounts:
Local governments may offer exemptions or discounts in certain cases, such as for family-owned residential properties or agricultural lands Click here to read more.
Penalties:
Failure to pay property taxes on time may result in financial penalties or legal consequences.
You may also read more about TAXs of properties in Turkey Click here
In regards to yearly taxes this better be read on another article please click here
Income Taxes
Income taxes in Turkey are divided into two main categories:
Individual Income Tax:
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Rate: 15% to 35%, based on net income.
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Applicable Income: Salaries, agricultural profits, business profits, rental income, capital gains, and income from personal services615.
Corporate Income Tax:
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Rate: 20% for legal entities.
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Applicable Entities: Cooperatives, capital companies, public enterprises, and joint ventures.
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Expenditure Taxes
Expenditure taxes in Turkey include:
Value Added Tax (VAT):
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Rates: 1%, 8%, or 18%, depending on the type of goods or services.
Special Consumption Tax:
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Applicable Products: Vehicles, luxury goods, tobacco, alcohol, and petroleum products.
Banking and Insurance Transaction Tax:
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Rate: 5% on banking transactions and 1% on deposits.
Stamp Duty:
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Rate: 0.189% to 0.48% on contracts and financial documents.
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Wealth Taxes
Wealth taxes in Turkey include:
Property Taxes:
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As discussed above.
Vehicle Taxes:
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Based on the vehicle’s age and engine capacity.
Inheritance and Gift Taxes:
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Rate: 1% to 30%, depending on the value of the asset.
Tax Incentives
Turkey offers tax incentives to encourage investment, particularly in strategic sectors. These incentives include:
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VAT Exemptions: For machinery and equipment purchases.
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Customs Duty Exemptions: For imported machinery with investment certificates
Do you want to know more about proerties investment in Turkey Click here
How Damas Group Real Estate Can Help You
Damas Group Real Estate specializes in providing high-quality investment properties with guaranteed returns. Our team ensures a smooth buying process, including property selection, legal documentation, and secure transfer of ownership.
Contact our customer service team today to find the best investment property in Turkey!
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In the competitive real estate market, Damas Group Real Estate aims for excellence by offering the latest information and news about the Turkish real estate market. Our specialized marketing team is always ready to respond to your inquiries and answer all your questions. Our sales representatives are qualified and receive ongoing training to maintain top-notch work quality.
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