Is it necessary to pay expenses, taxes, and fees for sold vehicle real estates?

Is it necessary to pay expenses, taxes, and fees for sold vehicle real estates?

Expenses, Taxes, and Fees

The answer is yes, for all real estate, vehicles, and also movable properties that are also immovable, additional expenses, taxes, and fees must be paid. For passenger and luxury cars, approximately 1% VAT is paid, and for jeeps and other commercial vehicles, 18% VAT is paid.

Other than VAT to be Paid

Besides the VAT that needs to be paid, 1% auctioneer's fee and 0.45% stamp duty are paid. Additionally, other license fees amount to approximately 600 TL. For real estate, approximately 1% VAT, 1% auctioneer's fee, and stamp duty are paid for apartments up to approximately 150 sqm. For land, plots, fields, factories, etc., 18% VAT is paid.

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