Europe
Currency
TRY
Corporate Tax
25%
Personal Income Tax
40%
VAT / GST
20%
Standard 25% (raised from 20%); 30% for financial/banking.
Top rate 40% above TRY 3m/year; 15-40% scale.
Standard 20%; 10% and 1% reduced (varies, temporary).
Dividends
15%
Interest
0-15%
Royalties
20%
Rates shown are statutory; treaty networks may reduce withholding significantly. Verify against the relevant double-tax agreement.
~37.5% total (employer ~22.5% + employee ~15%, capped).
Capital Gains Tax
20% shares / 15–40% real estate
Inheritance / Estate Tax
1–10%
Capital (Net Worth) Tax
0%
Property Tax
Property tax ~0.1–0.6%
Rates are indicative headline figures and may omit holding-period exemptions, regional variation, and surcharges. Verify against current law before relying on them.
Calendar year
Notes
R&D and investment incentives (strategic zones). Tech Development Zones (0% CIT).
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