Before investing in tokenized property in Turkey, you need to understand the tax side. Blockchain doesn’t exempt you from taxes — in fact, it may attract extra attention if you’re not prepared.
Here’s what to know:
- Capital gains tax: If you sell your tokens for profit, Turkey may tax your capital gains — especially if you’re holding for less than 5 years.
- Rental income tax: Any income you earn from tokenized property — such as rental distributions — is subject to taxation, just like traditional real estate.
- International investors: If you’re not a Turkish resident, tax treaties between Turkey and your home country may apply — or not. You may face double taxation unless there’s a bilateral agreement.
- Documentation: Keep records of all wallet transactions and smart contract data. Turkish authorities are increasingly accepting digital records for audits.
- Future regulations: Turkey is developing new frameworks for tokenized assets. Expect greater clarity — but also more oversight — in the near future.
Always consult a local tax advisor when investing in real estate tokens. It could save you thousands.
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