According to Article 80 of the Income Tax Law, those who dispose of their house, other than inheritance and gift, within 5 years from the date of purchase, must pay the tax on the increase in real estate value. Those who misrepresent the sale value of their home in the bill of sale in order to pay less tax may face high taxes. In addition to the unpaid missing sums, heavy fines await those who make undue declarations in the title deed.

İbrahim Çolak, the content manager of one of the credit and insurance comparison platforms, said that the low selling price of real estate poses a risk for both owners and potential buyers, and has said: “Those who make false declarations to reduce the actual cost Tax on the gains of increasing the value of the estate are liable to pay the missing taxes when detected. He also faces a high amount After the penalties associated with under-declaring the sale price and paying a low title fee, more accurate prices began to be declared in the title deed. houses in the title deed Those who show low value when buying their house, when they sell their house after 5 years show the real value, it looks like they have made a lot of profit due to the difference of ach at and sale. However, due to this high profit, the tax amounts paid are also multiplied. Potential buyers, on the other hand, may have to pay higher income tax when they want to sell their home in the future.


Noting that selling the purchased house by making a false declaration in the following period, based on the true declaration, can cause the owners of the house to lose more than TL 50,000, İbrahim Çolak said: “A house declaring the value of the house purchased for 350,000 TL in January 2018 as 200,000 TL in the deed. value of 53,000 TL if he declares the real value reached this time, which is 900,000 TL. However, if the actual price was declared as 350,000 TL when buying the house, only 6,000 TL would be paid. The difference is almost 900%. In order to avoid such situations, it is absolutely necessary to declare the title deed fees on the purchase price of the house.


Stating that a declaration must be submitted no later than March 31, 2023 for real estate sold this year, İbrahim Çolak said: “Following the declaration they submitted to the tax authority, they will be able to carry out their payments in 2 equal installments in March and July 2023. Actual income is taken into account in determining the Tax on the Increase in Real Estate Value. By calculating the difference between the purchase and sale value of the house, which is adjusted for inflation, we find the real income obtained independently of inflation. The amount of the exemption announced each year, the right of ownership paid at the time of the purchase and the sum of the interests paid until the sale of the mortgage, if it is used, are deducted from this income. There is therefore a “taxable amount”. Tax brackets are applied to this amount. Payment can be made on the website of the tax authority or at the tax offices.

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