There are two importance points in the regulation of the real estate tax. One is the tax based on real estates and the other is the duty being collected during the selling and buying transactions of real estates.
         According to the Code of Real Estates, the real estate tax is paid for land, lot and building. Those who own this real estate are committed to pay real estate tax. The first installment of the tax is paid on March - April - May and the second equal installment on November. It is up to the tax payer to pay them before the due time.
         Real estate tax relating to lots, lands and job sites is calculated according to the minimum actual value. The tax rates for lots % 3 for its value, for lands is % 1, for residences % 1 and for job-sites. If a tax payer doesn’t pay the tax on time, he has to penalty for delay pursuant to the Code number 6183 according certain rate of penalty for every delayed installation.
         The real estate tax also bears importance in buying and selling real estates. Espicially, one who is willing to buy already inhabited real estates should examine whether there's any ex year's debts or in other words unpaid taxes. Because prior to the last paragraph of Real Estate Law article 330, both the seller and buyer of the real estate, subject to the transaction between them, are jointly and severally responsible for the unpaid debts for the every year that the real estate was sold and past years. In such a case, the person who has bought the real estate may revocate the ex owner of bygone years also it’s occurred interest.
     Besides, while the transactions of real estates and during the statement of their title deed values, the specifications of the stated amount from the point of income tax and duties, and the first real estate declaration, buying for the spouse or children, should be taken into consideration.
     The real value of real estates is quite important for these points: in case a real estate is sold within 4 years after its acquisition the profit from its transaction should be declared and its income tax must be paid. Those who consider to sell the real estate, they should not declare the buying price lower than the normal based on its cost. Other wise, that will mean that an over profit above the real one will have been declared that will be taxed. As for the duties based on the value of real estates, increased after the beginning of 2001, it is possible the real value to be recorded to the title deed during the concerning transactions. This situation specially interests public servants pertaining to their "declaration of assets" and within the coming years for tax payer, pertaining to their inquisition "Where did you acquire it from".
     As for the rate of duties, both the seller and the buyer have to %1,5, based on the title duties, based on the title deed price, separately.
     Besides if an income has been acquired ever 3,5 billion New Turkish Liras, an income tax varying from 20-45  percent, is calculated % 10 of the income tax is assessed as "fund share".