Nezir Attorney & Consultancy

Definition and Elements of Ordinary Partnership​

The valuable residence tax entered into force with the Law No. 7194 on December 7, 2019. Residential immovable properties located within the borders of Turkey with a building tax value exceeding TRY 5 million are subject to this tax. The tax base is calculated on the real estate tax value and is applied at different rates according to certain value ranges:

Adaptation Lawsuits and Temporary Adaptations

The legal framework and practices surrounding adaptation lawsuits, which involve the renegotiation of contract terms due to extraordinary circumstances, under the Turkish Code of Obligations and international law.

Valuable Housing Tax: What You Need to Know

The valuable residence tax entered into force with the Law No. 7194 on December 7, 2019. Residential immovable properties located within the borders of Turkey with a building tax value exceeding TRY 5 million are subject to this tax. The tax base is calculated on the real estate tax value and is applied at different rates according to certain value ranges: