30.04.2020
The income obtained from leasing of the properties and rights which are stated in Income Tax Law is defined as “immovable property income” and is subject to income tax in certain conditions.
The liable persons of immovable property’s income are the owners, tenants (persons having the rights to use actually), possessors, servitudes and usufruct right owners of the property and their tenants in the event of leasing of a rented property and right.
Source: Revenue Administration – Guidebook on Rental Income for Non-Resident Taxpayers
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