Abstract:
It is stated in the Article 25 of Universal Declaration of Human Rights that being landlord is a requirement of life standard like food, clothing and health for individuals. There is also a division within United Nations called Housing Construction and Planning. In Turkey, housing need has been accelerated since 1950 within the real estate sector due to rural depopulation in Anatolia which has risen urban population and urbanisation paved the way for rising housing need.Since real estate projects are long term and overcosting to answer needs, there is an arisen need for providing some govermental tax advantages to realize these projects.Real Estate Investment Trusts (REITs) are exempted from corporate tax and various taxes in many cases in the world. In Turkey, REITsare exempted from corporate tax, stamp tax causing from drawing up emptiovenditios and preliminary contracts for sale, and income tax that should be applied in profit sharing. REITs provide significant tax advantages compare to other construction enterprises when we look at projects they committed and the height of their trading size.

Keywords: TaxAdvantages of Real EstateInvestmentTrusts