The Turkish Ministry of Treasury and Finance has published a “Guide to Taxation of Other Income and Earnings,” outlining the taxation of various income types, such as capital gains and occasional earnings, under the Individual Income Tax Law (IITL).
The guide offers detailed explanations on topics including the taxation of capital gains and occasional income, available exemptions, eligible deductions, declaration procedures, and tax payment deadlines. It also clarifies deductible expenses, exemptions, and reporting requirements for both resident and non-resident taxpayers.
This announcement was made by Turkey’s Revenue Administration on 28 February 2025.
