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What is Real Estate Income Tax


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What is Real Estate Income Tax

Income tax is a tax on income. Revenues of real people income is subject to tax. Income, a real person's earnings and income in a calendar year is the pure amount. The rent income obtained from the real estates rented by real people The real estate is one of the income elements specified in the Tax Law. If the rent income amount obtained in a calendar year exceeds certain limits, it is subject to declaration and Tax must be paid. The Republic of Turkey ’ Taxation if it passes through inheritance or for another reason. must. In these inheritance transactions, inheritance and inheritance tax should be calculated. LEARNING ACTIVITY 1 ’ You will learn to prepare the inheritance tax return. Learning activity 2 ’ Preparing the income tax return for transactions and rental income. you will learn.
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