Who is exempt from estate tax? Do not delay until the last day!

Who will be exempt from the estate tax?

Don't leave it to the last day! It's time for the second installment of your bi-annual property tax bill. Those who fail to make a payment by Nov. 30 will pay late fees.

An important date concerning millions of land owners in Turkey is approaching.

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The deadline for homeowners to pay their second installment of property taxes was set for Nov. 30. The second installment of property taxes, which is paid twice a year, can be paid during the month of November. However, those who miss this time may face late fees.

The amount of property tax can vary depending on factors such as the value, location and characteristics of the property. Therefore, those who do not pay the appropriate amount by November 30 will have to pay a late fee.

Persons who have property tax but have no other income, such as pensioners, widows, families of deceased servicemen, orphans, veterans and the unemployed, are exempted from paying the tax. In addition, persons who own only one property or a share in it not exceeding 200 square meters are also exempt from tax.