Post by amina147 on Mar 6, 2024 23:57:30 GMT -8
The The entire amount paid through deduction at source on the profit share will be deducted from the tax to be calculated due to the declaration of profit share and rental income mentioned above and the amount that cannot be deducted will be refunded. Example Ms. U in has TL rental income from the flat she rented out as a residence TL from the first employer TL gross wage income from the second employer and TL from the sale of the real estate she bought years ago has achieved capital gains.
All wage income is taxed with withholding. housing rental income TL TL Wage received from second employer TL Real estate sales income TL Since the wage income of TL which Ms. U received Austria Phone Numbers List from her next employer does not exceed the declaration limit her wage income will not be declared. The gain from the sale of real estate is subject to tax as capital gains since the real estate in question was sold before years from the date of acquisition. An exemption will be applied for TL of the TL gain from the sale of the real estate and the remaining TL will be declared as capital gain.
Although TL of the capital gain obtained from the sale of real estate is exempt from income tax according to Article of the Income Tax Code the entire capital gain will be taken into account in the evaluation of whether an exemption will be applied to housing rental income. Accordingly since the total income obtained TL exceeds the amount determined for wage income TL in the third tranche of the tariff written in Article of the Income Tax Law for the year There will be no exemption.
All wage income is taxed with withholding. housing rental income TL TL Wage received from second employer TL Real estate sales income TL Since the wage income of TL which Ms. U received Austria Phone Numbers List from her next employer does not exceed the declaration limit her wage income will not be declared. The gain from the sale of real estate is subject to tax as capital gains since the real estate in question was sold before years from the date of acquisition. An exemption will be applied for TL of the TL gain from the sale of the real estate and the remaining TL will be declared as capital gain.
Although TL of the capital gain obtained from the sale of real estate is exempt from income tax according to Article of the Income Tax Code the entire capital gain will be taken into account in the evaluation of whether an exemption will be applied to housing rental income. Accordingly since the total income obtained TL exceeds the amount determined for wage income TL in the third tranche of the tariff written in Article of the Income Tax Law for the year There will be no exemption.