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08Temmuz2020

Due Date for Second Installment of Annual Income Tax is 31.07.2020

Due Date for Second Installment of Annual Income Tax is 31.07.2020

The income generated from renting commodity and rights, which are indicated in the 70th Article of the Income Tax Law, is defined as "estate capital revenue" and these revenues are subject to income tax under certain circumstances.

The income tax calculated over the income tax declarations regarding the rent revenues in 2019 are paid in two equal installments in March and July of 2020.

The second installment shall be paid until 31 July 2020.

Taxes Could Be Paid

  • Over the directorate’s website www.gib.gov.tr (Interactive Tax Office and GİB Mobile application);
  • - Via credit cards of the contracted banks,
  • - Via bank cards or bank accounts of the contracted banks,
  • - Via credit cards, bank cards, and other payment methods of abroad banks,
  • From the contracted banks’;
  • - Branches,
  • - Alternative payment channels (Online Banking, Telephone Banking, Mobile Banking etc.),
  • From PTT offices,
  • From all tax offices.

For detailed information, please contact your customer representative.

Yazar Selma Kıy, Kategori Taxation Law

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    The content in this article is for general information purposes only and belongs to CottGroup® member companies. This content does not constitute legal, financial, or technical advice and cannot be quoted without proper attribution.

    CottGroup® member companies do not guarantee that the information in the article is accurate, up-to-date, or complete and are not liable for any damages that may arise from errors, omissions, or misunderstandings that the information may contain.

    The information presented here is intended to provide a general overview. Each specific case may require different assessments, and this information may not be applicable to every situation. Therefore, before taking any action based on the information provided in the article, it is strongly recommended that you consult a competent professional in the relevant fields such as legal, financial, technical, and other areas of expertise. If you are a CottGroup® client, do not forget to contact your client representative regarding your specific situation. If you are not our client, please seek advice from an appropriate expert.

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About The Author

Selma Kıy

Certified Public Accountant - SMMM
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