It is calculated on the tax value, and the annual amount is generally paid in two instalments. It also applies to real estate owned by companies, with building and land tax calculated separately.
Source: 1319 sayılı Emlak Vergisi Kanunu
Related terms
High-value residential property taxAn annual tax on owners of residential properties whose value exceeds a threshold set by law and updated each year.Fees and duties (harç)Financial charges collected under statutory tariffs from those using public services such as courts, notaries, land registry, trade registry, licences and passports.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.