Hashmi Group will operate the farm on your behalf. To do this, a rental agreement will be signed between you the owner of the land and Hashmi Group which will ‘rent’ the Land to operate it on your behalf. There are two potential sources of income from agricultural investments such as the Walnut Farm: Agricultural income Land sale profits All income generated is taxable as per Turkish law. Income Tax Brackets No.Minimum IncomeMaximum IncomeTax 1$1$1,730 15% 2$1,730$3,784 $260 for income of $1730 20% on income up to $3784 3$3,784$13,514 $670 for income of $3,784 27% on income up to $13,514 4$13,514$47,568 $3,297 for income of $13,514 35% on income up to $47,568 5$47,568 and above $15,216 for income of $47,568 40% on any additional Exemptions: The only exemption to the income tax brackets is in the case of land sales. If an investor sells their land after 2+ years of purchase, 50% of the income generated from the sale is exempt from the above tax brackets. Withholding Tax: Since the Walnut Farm is a single investor opportunity, there is no withholding tax applied before profit distribution