Where is rental income taxed?

Answer

If the property is in Turkey, rent is income from immovable property under Article 70 of the Income Tax Law and is taxed first in Turkey. Denmark has a double taxation agreement with Turkey; instead of full taxation a second time at home, a tax credit or exemption with progression applies.

The residential rent exemption and expense rules vary depending on tax residency status. A “tax-free rent” spreadsheet is wrong.

İnterkon Realty Group is not a tax adviser. It never enters tax-free rent in a yield table; it refers you to a local accountant and your adviser at home.

Updated: 28 September 2026 · İnterkon Realty Group