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Turkey Adjusts Valuable Housing (Residence) Tax Brackets for 2024

08 January 2024

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Approved Changes

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Turkey

Turkey published the Real Estate Tax Law General Communiqué No. 82 in the Official Gazette on 30 December 2023, which adjusts the Valuable Housing Tax Brackets for 2024. This includes the following tax brackets and rates: over TRY 12,880,000 up to TRY 19,321,000 - 0.3% over TRY 19,321,000 up to TRY 25,763,000 - 0.6% over TRY 25,763,000 - 1.0% The General Communiqué entered into force on 1 January 2024.