Turkey
Taxation in Turkey
Recent forum posts
-
Hotel Staff Transportation Services in Dubai
Hotel Staff Transportation Services in Dubai prince bus rental provide services for hotel staff transfer from the hotel to their rooms and from rooms to their hotel. The strength of the passenger transport industry lies in the operator’s spirit, knowledge, and infrastructure. We work hard to attract and develop people who will preserve our values, shape our culture and strive to achieve mutual suc
Total Posts: 2 Last post by robertwilson123
-
Academic Writing Services
Quality Dissertation is well known for delivering high quality assignment writing help, dissertation writing help, coursework writing help and essay writing help to UK university and college students. Our academic assistance service comes at a very affordable price. With a team of writers, specialised in different subject areas, we are able to assist all students for different field of studies.
Total Posts: 21 Last post by robertwilson123
Taxation in Turkey
A foreigner is considered a tax resident if he/she resides in Turkey for more than six months or has a legal residence in the country.
Income Tax
Income tax is imposed on all taxable income at progressive rates after the benefit of specified deductions and allowances. Individual tax rates vary from 15%-35%.
- 15% on income between 0 and 8,800
- 20% on income between 8,801 and 22,000
- 27% on income between 22,001 and 50,000
- 35% on income of 50,001 and over
Corporate Tax
The tax rate applicable to corporations in Turkey is 20%. Capital gains tax in a corporation is usually added to the regular income of the corporation
VAT
In most cases, VAT is 18%.