Article 16

Amended: 22/7/1998, Law No. 4369, Art. 73

The Inheritance and Transfer Tax shall be levied at the rates set out below.

Tax base

Tax rate for transfers by way of inheritance (percent)

Tax rate for gratuitous transfers (percent)

For the first

10,000,000,000 liras

(TL 3,000,000)

1

10

For the next

20,000,000,000 liras

(TL 7,000,000)

3

15

For the next

40,000,000,000 liras

(TL 15,000,000)

5

20

For the next

80,000,000,000 liras

(TL 30,000,000)

7

25

For the portion of the tax base exceeding

150,000,000,000 liras

(TL 55,000,000)

10

30

In the case of a gratuitous transfer of property to a person from his or her mother, father, spouse or children (excluding gratuitous transfers from an adopted child to the adopters), the tax shall be calculated by applying one half of the rates in the tariff for gratuitous transfers.

Added paragraph: 21/5/2026, Law No. 7582, Art. 2 For persons benefiting from the income tax exemption under Article 20/D bis of the Income Tax Law No. 193 dated 31/12/1960, the tax rate shall be applied as 1% to transfers of property by way of inheritance occurring within the period prescribed for the said exemption.

The tax base bracket amounts of the tax tariff shall be applied each year by increasing them by the revaluation rate determined for the preceding year in accordance with the Tax Procedure Law. Fractions not exceeding 5% of the bracket amounts so calculated shall be disregarded. The President of the Republic shall be authorised to increase or reduce the amounts so determined by up to one half.

For prizes won in games of chance defined in Law No. 5602 and in contests and draws organised by natural and legal persons, the rate shall be applied as 20%. Where the prize is paid in kind, the invoice value shall be taken as the basis.

Chapter 4

Precautionary Measures and Collection Provisions

Security to be obtained against the tax: