What is Property Tax, When & How is it Paid ?
What is Property Tax?
According to the Real Estate Tax Law No. 1319, real estate tax; It is a type of tax given for building and land properties located within the borders of Turkey. Property tax, which is divided into two as building tax and land tax, is paid by property owners. If there is no property owner, the people to whom the land or building is allocated are liable to pay the tax.
If you buy a new house or land, you must declare your property before you can pay your property taxes. You can perform this process, which is called Deed of Immovable Declaration, via e-government or by applying to the relevant municipality. To apply, you must have the following documents:
● Photocopy of the identity card of the property owner,
● Building permit,
● A copy of the residence permit, ie occupancy permit,
● Real estate notification form
How to Pay Property Tax?
“How is property tax paid?” There are several answers to the question. You can pay your property tax via money order or EFT by applying to the municipality where your property is located. Some municipalities also receive property tax payments through their websites. If payment is made on your municipality's website or if your municipality accepts property tax payments via e-government, you can also pay property tax directly online.
The real estate tax amount is calculated over the current value of the real estate. The property tax fee, which varies every year, is determined by the municipalities, taking into account the increase rates determined in the official gazette. Payments are made over these determined amounts.
When Should Property Tax Be Paid?
Property tax is paid annually on a regular basis. Property tax payment dates can change each year. If you do not pay your property tax on the specified dates, you may have to pay a penalty.