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how much stopage tax on a 55000stg property

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racoonchic



Joined: 17/11/2008
Posts: 3223

Message Posted:
10/12/2010 21:29

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Message 1 of 8 in Discussion

can anyone advise the percentage or total cost incurred pleasde



racoonchic



Joined: 17/11/2008
Posts: 3223

Message Posted:
10/12/2010 21:49

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Message 2 of 8 in Discussion

urgent please



cooper


Joined: 23/10/2007
Posts: 3386

Message Posted:
10/12/2010 22:16

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Message 3 of 8 in Discussion

If the rate is still discounted at 4% for the vendors then it would be 2,200 otherwise it will be 3,437.50



walkerscott


Joined: 13/08/2009
Posts: 901

Message Posted:
10/12/2010 23:00

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Message 4 of 8 in Discussion

have a look at costs through the following link:



http://no-deeds-no-money.moonfruit.com/#/purchasing/4544145573



emineden1


Joined: 22/12/2008
Posts: 512

Message Posted:
10/12/2010 23:26

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Message 5 of 8 in Discussion

on 55000 you would pay the following;

Stopaj @ 4% assuming professional seller 2200

Transfer tax @ 3% if first property transfer 1650

KDV @ 5% 2750



wanderer


Joined: 05/02/2009
Posts: 1653

Message Posted:
11/12/2010 00:04

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Message 6 of 8 in Discussion

also its all worked out in YTL at the exchange rate when you bought the property



racoonchic



Joined: 17/11/2008
Posts: 3223

Message Posted:
11/12/2010 08:12

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Message 7 of 8 in Discussion

should the vendor be responsible or the buyer



ozankoys


Joined: 20/06/2008
Posts: 905

Message Posted:
11/12/2010 10:55

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Message 8 of 8 in Discussion

Hi the Vendor is responsible for the Stoppaj Tax.

Sorry to put a spanner in the works for you but depending on how old your contract is they will not necessarily work out the taxes on the contract value. A friend whose permissions had taken 6 years to be granted had to pay far more taxes than envisaged because instead of taking the Contract Value the Tapu valued the property at 43% more when it came to calculating the taxes - they get you all ways here! They do not take into consideration the date of the contract and how long you have been waiting with their endless inefficient bureacracy they look at the current market value.

At the time this particular contract was made the valuations were coming out at far less than the contract value, normally approximately 30% so no wonder even the honest builders are struggling as with even prudent budgeting they could not possibly have forecast such an astronomical hike in taxes on transfer.



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