Law No. 7566, published on 19 December 2025, excluded residential properties from borrowing-interest deductions under Article 74(1)(4) of the Income Tax Law. Interest on a loan for a rented dwelling cannot be deducted under the actual-expense method.
Article 38(a) applies the amendment to returns for tax periods beginning on or after 1 January 2025. The Revenue Administration’s February 2026 guide also explains the rule.
T.C. Resmî Gazete · 2025-12-19 · Gelir İdaresi Başkanlığı · 2026-02 · Dünya Gazetesi — Talha Apak · 2025-12-24 · Boğaziçi Bağımsız Denetim ve YMM A.Ş. · 2026-01-07
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