Under the Turkish Income Tax Law, gains derived from the disposal of certain assets are classified as “Capital Gains” and are subject to taxation. For the 2026 calendar year, new exemption thresholds and regulations have been established to determine the taxable portion of these gains. 2026 Capital Gains Exemption Threshold As of January 1, 2026, the first TRY 150,000 of capital gains earned within the calendar year is exempt from income tax. Taxation: Only the portion of the total annual gain that exceeds the TRY 150,000 threshold is subject to income tax. Year-over-Year Change: The exemption amount has been increased from TRY 120,000 (in 2025) to TRY 150,000 for 2026, providing a higher tax advantage for individual taxpayers. Full Exemption for Commercial License Plates Pursuant to Repeated Article 80 of the Income Tax Law, gains arising from the sale of commercial license plates for the following vehicles are fully exempt from income tax: Taxis Shared taxis (Dolmuş) Minibuses Public service vehicles For these specific assets, there is no upper limit on the exemption, and taxpayers are not required to file a tax return regardless of the profit amount. Important Exception: Securities and Capital Market Instruments It is important to note that the TRY 150,000 exemption does not apply to gains derived from the disposal of securities (such as stocks) and other capital market instruments. These assets are governed by different taxation rules under Turkish law. Practical Example To better understand how the exemption works in practice: Suppose an individual sells a real estate property in 2026 and realizes a net profit of TRY 200,000. Total Profit: TRY 200,000 2026 Exemption: TRY 150,000 Taxable Amount: TRY 50,000 In this scenario, the taxpayer is only liable for the income tax calculated on the remaining TRY 50,000. If the same individual also sells a commercial taxi license plate in the same year, the entire profit from that sale remains tax-free and does not affect the calculation above. Legal Framework These regulations are based on Repeated Article 80 of the Turkish Income Tax Law. Taxpayers are encouraged to monitor their total annual gains to ensure full compliance with their declaration obligations. Source: TurkStat Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.