It is separate from property tax, collected by the Ministry of Treasury and Finance and based on a return. Exemption conditions for company-owned residences should be assessed separately.
Source: 1319 sayılı Emlak Vergisi Kanunu Mükerrer md. 42 ve sonrası
Related terms
Property taxA wealth tax on buildings and land in Turkey, assessed and collected by municipalities from the owner.Tax returnThe official document in which a taxpayer reports the tax base and the tax calculated to the tax administration.Income from immovable propertyIncome derived by owners or tenants from renting out immovable property and certain rights.Advance taxTax paid in advance during the year by income and corporate taxpayers, in quarterly periods, on current-period earnings.Advance tax rulingA written explanation issued by the tax administration upon a taxpayer's written request about its own tax position or matters it considers unclear.Arm's length principleThe principle that transactions between related persons should be carried out at the prices and on the terms that would apply between independent parties with no such relationship.
Last updated: November 8, 2026 · This definition is for general information only.