: 2017-04-28 Modified date : 2019-03-30
Two new articles have been added recently to the Turkish Tax Law. Articles number 7 and 13 were added to the Law No. 6824 relating to the VAT deduction of properties sold in Turkey for both foreigners and Turkish expatriates.
Here are few explanations of these additions:
During the first delivery of the building, as you won’t be able to get benefit from this reduction during the second delivery.
Foreigners who reside for more than six months in Turkey for one year will not be able to benefit from this law. But those who remain in Turkey for a temporary period can benefit from this exception.
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