Economy: Turkish Parliament Introduces a Cap on Property Tax Increases

Turkey’s Grand National Assembly has approved a new cap on property tax values, ensuring that the 2026 tax assessment cannot exceed twice the previous year’s value. This change was made during the General Assembly debates on the latest tax proposal.

What the New Rule Means for 2026

Under the newly added provision, the property tax value for buildings and land calculated for 2026 cannot be more than double their 2025 assessed value. This ceiling aims to prevent sudden and extreme increases that could burden property owners.

Annual Adjustments Will Now Use the Full Revaluation Rate

Another major change is how yearly increases will be calculated. Starting from the year after a taxpayer becomes liable, property tax values will rise annually based on the full revaluation rate of the previous year. Previously, only half of the revaluation rate was applied. With this update, the tax base will fully reflect annual inflation-based adjustments.

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