Turkey Employment Income Tax rate for 2017-2018. Capital gain, Corporate TaxTurkey Personal Income Tax Rate for 2017-2018 for Individuals. Capital Gain and Corporate / Companies Tax Rates for Residents and Non Residents

 

 

Turkey Income Tax Rates for Residents and Non Residents

Turkey Employment Income Tax Rate for 2017-2018 (2017 onwards)

Net Income (TRY) Tax Rate
Up to 13,000 15%
13,001 to 30,000 20%
30,001 to 110,000 27%
Over 110,000 35%

 

Turkey other than Employment Income Tax Rate for 2017-2018

Net Income (TRY) Tax Rate
Up to 13,000 15%
13,001 to 30,000 20%
30,001 to 70,000 27%
Over 70,000 35%

 

Capital Gain Tax

Capital gain of resident individuals are taxed as ordinary income.

 

 

Turkey Corporation Tax for 2017-2018

Standard Corporate Tax Rate - 20%

 

According to draft law corporate income tax rate for all companies will be increased from 20% to 22% for the years 2018, 2019 and 2020. The Law also gives authority to the Council of Ministers to reduce the rate to 20%. According to the Law, the regulation shall enter into force to be applied on earnings that should be stated in CIT returns to be submitted after 1 January 2018.

 

 

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