Alanya Tax System

The state uses a wide variety of tools under the name of tax. Currently, there is a multi-tax system in Turkey, and there is more than one tax levied on more than one source. Turkish tax system legislation is regulated with clear, objective and international standards. Turkish tax legislation can be grouped under three main headings, the first of which is: Income Taxes; Income taxes in the Turkish tax system are divided into personal income tax and corporate tax.

Personal income tax, incomes of natural persons are subject to this type of tax. Income is the amount of earnings and real estate income earned by a natural person in a year.
An individual's income may include one or more of these elements: agricultural earnings, business income, salaries and wages, self-employment earnings, real estate rental income, income from capital investments. Personal income tax rates vary between 15% and 35%.

Individuals with an income of less than 18,000 have a tax rate of 15%. The tax rate is 20% for those with an income between 18,000 and 40,000, 27% for those between 40,000 and 148,000, and 35% for those with an income of more than 148,000. Persons residing in Turkey, permanently residing in Turkey for more than six months in a calendar year, real persons who are not settled in Turkey are considered as non-resident taxpayers and are only taxed on the income and income they have earned in Turkey. they are taxed.

Corporate tax, if the income elements defined in the Income Tax Law are obtained by the institutions, taxation is made through the legal personality of these institutions. Capital companies, cooperatives, public economic institutions, economic enterprises belonging to associations and foundations, business partnerships are corporate taxpayers defined in the law. Corporate tax is calculated over the net corporate income earned by taxpayers within an accounting period.

Corporate taxpayers are obliged to pay provisional tax four times a year, once every three months. Corporate tax is applied as 25 percent on corporate income in 2021. In 2022, it will be applied as 23 percent.

Another of the main titles of taxes in the Turkish tax system is; taxes on expenses. The types of this tax are; value added tax (VAT), special consumption tax (SCT), banking and insurance transactions tax and stamp duty. Value added tax, VAT rates generally applied; 1%, 8%, and 18%. It is the tax paid by the place of delivery of goods and services to the deliverer in the deliveries of goods and services with VAT.

Special consumption tax, There are four main product groups subject to SCT at various tax rates: Petroleum products, natural gas, machine oils, solvents and solvent derivatives, automobiles and other vehicles, motorcycles, airplanes, helicopters, yachts, tobacco and tobacco products, alcoholic Beverages are luxury goods. SCT, like VAT, does not arise in every handover of the same good. SCT arises due to the import of the goods or the delivery of the produced goods to the first buyer.

Banking and insurance transactions tax, Although transactions made by banking and insurance companies continue to be exempt from VAT, these transactions are subject to Banking and Insurance Transactions Tax. This tax applies to income earned by banks, such as interest on loans. The tax rate is usually 5%, but for some transactions, such as deposit transactions between banks, it is 1% for interest.

Stamp duty applies to a variety of documents, including contracts, debt securities, equity participations, letters of credit, letters of guarantee, financial statements and payrolls. Stamp duty is calculated at rates ranging from 0.189% to 0.948% of the document value.
The third title in the tax system is; Wealth taxes.
There are three types of wealth tax: Property tax, Motor vehicle tax, Inheritance and gift tax.

Property tax is a tax that must be paid annually for real estate owned by a person. With the real estate; fixed assets such as house, land, garden, office. Not every house or land tax is the same. The property tax increases or decreases in direct proportion to the value of the property. In addition, the minimum fair value - that is, the purchase and sale value of the real estate in today's market - affects the change in the tax value as it is recalculated every year. Real estate tax calculation is calculated proportionally according to the type of real estate asset. For residences and lands, this rate is 1% of the current value. A tax payment of 2% is made for other buildings such as workplaces and 3% for land.

These taxes are collected by the municipalities. For this reason, you can make your payment by going to the municipality where the real estate you own is located. If you do not have time or opportunity to go to the municipality, you can also make your payment remotely. To make the payment without going to the municipality, you can use the property taxpayer number or make a transfer via PTT. An easier way is to send your credit card to T.C. via the municipality's e-municipality system. It will be to log in with your ID number or registration number and make a payment.

Motor vehicle tax, Motor Vehicle Tax (MTV), which is paid by vehicle owners, is not only applied to land vehicles, automobiles and motorcycles, but also to aircraft, helicopters and motor sea vehicles. It is paid twice a year, one in January and the other in July. Motor Vehicles Tax payments are made to the tax offices of the province or district where the vehicle is located. MTV payments can also be made through online banking and mobile banking services of contracted banks.

There are taxes that people who own a house in Turkey have to pay. These taxes; First of all, property tax is one of the taxes that every home owner has to pay. In addition to the real estate tax, if you rent the house you own, you have to pay the rental income tax. If your annual income from rent is lower than the rental income tax exemption amount announced by the Revenue Administration every year, then you will be exempt from paying taxes. Rental income tax, which has to be paid by every landlord who rents out their property, unless exempted, is usually paid in March and July each year.

Environmental cleaning tax, also known as "garbage tax", is a type of tax that every residence and workplace must pay. The environmental cleaning tax of the houses is reflected on the water bills. So this type of tax is paid by the landlords or tenants along with the invoices.