Whose Revenue Is Property Tax?

General
Dec 2021, Wed

According to the Property Tax Law, all buildings, plots, and lands within Turkey are subject to property tax. Property tax is payable by the owner of the immovable property, if there is a usufructuary, and if neither exists, by the person who possesses the immovable property as the owner. Those who will pay property tax must apply to the property accrual service of the relevant municipalities. In case of acquiring a new building, plot, or land, a property tax notification must be made to the relevant municipality within the year of purchase. However, if the title deed registration date falls in the last three months of the year, the property tax notification must be made within 3 months from the registration date. Taxpayers who do not file a declaration within the period will be subject to penalties according to the provisions of the Tax Procedure Law. For information on this matter and to ask your questions, you can check relevant online companies on the internet and review them in detail.

What Documents Are Required for Property Tax Notification?

For the documents required for property tax notification, apply to the municipality. A photocopy of the title deed, a photocopy of the building use permit for buildings, contact information of the property owner, tax number or TR identity number must be provided for the application. For legal entities, a signature and tax plate are also required. In the municipality's property accrual service, if the taxpayer applies with a printed petition prepared according to Article 376 of the Tax Procedure Law, signed during the declaration, and pays the tax and discounted penalties within one month, they benefit from the discount.

What is the Declaration Period for the Heirs of a Deceased Taxpayer?

The declaration period for the heirs of a deceased taxpayer is 3 months from the date of death.

The documents required for the declaration are;

Inheritance certificate,
Photocopies of the title deeds of the real estate subject to inheritance,
TR Identity Numbers of the heirs,
Contact information and address of at least one of the heirs.

Except for individuals who are under the age of eighteen and have no income, which can be proven, and those whose income consists solely of pensions received from social security institutions established by law, those who own a single residence not exceeding 200 m² in gross area within the borders of Turkey can pay property tax at a reduced rate according to Article 8 of the Property Tax Law. In order to benefit from the reduced tax, the taxpayer must fill out the application form for the discount.

There should be no other residence within the borders of Turkey, whether jointly owned or fully owned, other than a single residence not exceeding 200 m² in gross area.
This residence must be used permanently, not for recreation at specific times.
There should be no income other than retirement income.
They can benefit from the exemption starting from the year following the year they retired.
They must apply with a document showing the date of their retirement.
There should be no other residence within the borders of Turkey, whether jointly owned or fully owned, other than a single residence not exceeding 200 m² in gross area.