The details of the tax reduction to be applied to taxpayers who are compliant with their tax duty have been clarified by virtue of the Income Tax General Communique Numbered 301 published in the Official Gazette No 30279 dated December 23, 2017.

The stipulated arrangement allows the taxpayers of annual income tax as well as the taxpayers of corporate tax, except for those operating in finance and banking sectors, insurance and reinsurance companies, pension companies and pension investment funds, to deduct 5% of the taxes calculated on the basis of their income or corporate tax returns, from their income or corporate taxes required to be paid.

Pursuant to the Law that was published in the Official Gazette no. 29796 on the date 09.08.2016, it has been decided that Withholding Tax Return and Monthly Premium & Service Declarations should be combined under a single return called “Withholding Tax and Premium Service Return”. This was launched for businesses which are taxpayers in Kırşehir on 01/06/2017 ; as Kırşehir was chosen the test zone (banks were excluded from the pilot scheme). It was further decided that this policy would be effective as from 01.01.2018 for all taxpayers that fell within its scope throughout Türkiye.

Sanitation tax is collected from the workplaces which uses solid waste collection and sewage system services every year as two installments (May and November). Second installment must be paid until end of November. Debt must be payed through directly applying to the relevant municipality or though the relevant municipality’s online system.

Property tax is a kind of tax that needs to be paid by owners of real estate such as land, estates, workplace, houses etc. For the properties owned by deed; The person, in whose name the deed has been issued, is the owner of the property and thus liable to pay for real estate tax.

This tax is paid as two equal installments each year. The first payment is made in March, April, or May and the second payment within November.