Calis Beach and Fethiye Turkey Discussion Forum
Property For Sale in Calis Beach & Turkey => Buying Property in Calis Beach, Fethiye and Turkey => Topic started by: jackstee on September 02, 2013, 08:42:43 AM
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I nderstand that if you sell before you have had your Tapu for 5 years, then you have to pay a large tax on the difference , on your Tapu, between the buy and sell price. ( I know this is now set)
How mch is this tax ?
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25% of the difference between the value on tapu you got when you bought, and the value given now.
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There is an exempt allowance, was first 7,700 TL I think.
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We sold in April and our 5 years is not up until November. I don't know how they collect this money but I didn't pay! And the majority of the money has now been moved from the Turkish Bank to UK.
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LRD
Shhhhh
;)
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Thanks Keith and LRD