An Analysis of the Factors Affecting Real Estate Taxes Literacy in Türkiye

Abstract

This research aims to determine taxpayers’ literacy level about the financial obligations related to real estate, an important investment instrument in Türkiye, and the factors determining literacy. In this context, primary data were collected through surveys administered to 500 people who resided in Istanbul, Ankara, and Izmir. Primary data analysis was carried out using two methods. First, the real estate tax (RET) literacy was calculated through percentage analysis. Second, using discrete selection models, variables likely to affect the literacy of real estate taxes collected could be estimated. As a result, the primary data show that RET in Türkiye is 30%. According to the estimation results, the gender, age, and income variables are effective regarding fiscal rights related to property in Türkiye.