Inheritance and Transfer Tax (IGT) is a tax levied on assets transferred to a person through inheritance or gratuitous transfer. It is regulated by Law No. 7338 on Inheritance and Transfer Tax and is applied at a graduated rate.
Declaration Period
For inheritance transfers, the declaration must be submitted within 4 months of the date of death (6 months in case of death abroad). For donation transfers, it must be declared within 1 month of the donation date. If the deadline is missed, an irregularity penalty is imposed.
2026 Tax Rates
For inheritance, the graduated rate is applied from 1% to 10%; for donations, from 10% to 30%. The lowest rate is valid for spouse and descendants, and the highest rate for third parties.
Exemptions and Deductions
- Exemption amounts set for spouse and each child (2026: approximately 1.6 million TL for spouse)
- Full exemption for donations to social welfare institutions
- Reduction up to half for legal heirs
- Household goods, personal belongings are within the scope of exemption
How to File the Declaration?
The declaration is submitted to the tax office at the last place of residence of the deceased person. The certificate of inheritance, death certificate, list of estate assets (real estate, bank account, vehicle, shares, etc.) are required as attachments. Declaration is also possible through e-Government.
Payment Plan
The tax is paid in 6 equal installments, in May and November of each year for 3 years. The full tax must be paid for real estate registration.
As Elazığ Law Office
In inheritance and transfer tax processes, we provide our clients with services including: estate inventory, declaration preparation, reduction/exemption applications, representation in tax disputes, and filing lawsuits at the tax court when necessary.