Notification obligation to real estate sites!

image

Notification obligation to real estate sites!

According to the regulation published in the Official Gazette, movable and immovable websites are required to submit sales and rental information to the Revenue Administration. Movable and immovable purchase and sale websites are required to continuously report information regarding the purchase, sale and rental of goods and services to the Revenue Administration (GİB). According to the general circular on tax procedure law published in today’s issue of the Official Gazette, intermediary service providers, social network providers and hosting providers who mediate the publication of advertisements regarding the purchase, sale or rental of movable and immovable properties and goods and services will report to the Revenue Administration regarding the transactions they carry out within one month of the calendar year.