The 2018 Real Estate Tax Period Begins Next Week!

Those who earn income by renting the house for the past year will pay both the real estate tax and the rent income tax, and those who sell the house will pay the property tax of the past term estate tax if there is a value increase in the income tax. This year the home property tax debtor will start paying the new owner. The environmental cleaning tax will be paid by the person who uses the property. This person will be obliged to be the owner or the tenant.

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Tax periods

The first and the second installment periods of the real estate tax that can be paid in two equal installments in the year are as follows;

The property tax
1st installment period: 1st March-31st May
2nd installment period: 1-30 November

The environmental cleaning tax
1st installment period: 1st March-31st May
2nd installment period: 1-30 November

The Rent income
1st installment period: March 1-31
2nd installment period: 1-31 July

The Value increase earnings tax
1st installment period: March 1-31
2nd installment period: 1-31 July

Tax declaration periods

If some tax is based on the basis of the declaration, a declaration must be filed before payment is made. These taxes are listed as rent income tax and value increase income tax. Tax returns are given until the 25th of March for income tax purposes. Revenues below the limit of the exception need not be declared. The income below this limit is not taxed.

In addition, for the real estate tax, the new estate must issue a one-time real estate tax declaration. This declaration is issued to inform the new owner and therefore the new taxpayer when the immovable is sold. Real estate tax declaration is given until the end of the sales process.

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