2 Days Left to Submit 2025 Tax Declarations in Turkey
2 Days Left to Submit 2025 Tax Declarations in Turkey
As the March 31 deadline approaches, taxpayers in Turkey are reminded to submit their 2025 tax declarations on time. The Revenue Administration (GİB) has introduced AI-powered monitoring to ensure accurate reporting of income.
What Needs to Be Declared
Taxpayers should report:
- Rent income
- Salaries and wages
- Interest and dividends
- Capital gains
Areas Under Special Scrutiny
The GİB is closely reviewing:
- Low taxable bases or reported losses
- Discrepancies with bank records and POS transactions
- Real estate transactions, including price, location, and unusual deals
Penalties for Non-Compliance
Incomplete or inaccurate declarations may result in fines and penalties.