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Many People buy properties in Turkey for the sole purpose of renting them out.

Below is a guide to the tax you may expect to pay for this

Example ;

Yearly rental income ; 7200 ytl

allowable income before tax is charged ; 2200 ytl

allowable expenses ; 1250 ytl

taxable amount ; 3750 ytl

tax at 15 % ; 562 ytl

Before considering this you should be aware that you will be required by law to pay tax on any income you receive from this source.

Please click here to figure your taxation with help of ready made EXCEL form ...

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