Turkey Corporate Tax Rate

The Corporate Tax Rate in Turkey stands at 22 percent. Corporate Tax Rate in Turkey averaged 24.61 percent from 1997 until 2019, reaching an all time high of 33 percent in 2000 and a record low of 20 percent in 2006.

Corporate Tax Rate in Turkey is expected to be 22.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Turkey Corporate Tax Rate is projected to trend around 20.00 percent in 2020, according to our econometric models.

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Turkey Taxes	Last	Previous	Highest	Lowest	Unit
Corporate Tax Rate	22.00	22.00	33.00	20.00	percent	[+]
Personal Income Tax Rate	35.00	35.00	40.00	35.00	percent	[+]
Sales Tax Rate	18.00	18.00	18.00	18.00	percent	[+]
Social Security Rate	37.50	37.50	38.50	31.50	percent	[+]
Social Security Rate For Companies	22.50	22.50	22.50	16.50	percent	[+]
Social Security Rate For Employees	15.00	15.00	16.00	14.00	percent	[+]

In Turkey, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Turkey. This page provides the latest reported value for - Turkey Corporate Tax Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Turkey Corporate Tax Rate - actual data, historical chart and calendar of releases - was last updated on August of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	22.00	22.00	33.00	20.00	1997 - 2019	percent	Yearly

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Country	Last		Previous	Range
Argentina	35.00	Dec/18	35	35 : 33	%
India	35.00	Dec/19	35	38.95 : 32.44	%
Brazil	34.00	Dec/19	34	37 : 25	%
France	31.00	Dec/19	33	50 : 31	%
Japan	30.86	Dec/19	30.86	52.4 : 30.86	%
Australia	30.00	Dec/19	30	49 : 30	%
Germany	30.00	Dec/19	30	56.8 : 29.4	%
Mexico	30.00	Dec/19	30	42 : 28	%
South Africa	28.00	Dec/18	28	37.8 : 28	%
Canada	26.50	Dec/18	26.5	50.9 : 26.1	%
China	25.00	Dec/19	25	33 : 25	%
Indonesia	25.00	Dec/18	25	39 : 25	%
Netherlands	25.00	Dec/19	25	48 : 25	%
South Korea	25.00	Dec/19	25	40 : 22	%
Spain	25.00	Dec/19	25	35 : 25	%
Italy	24.00	Dec/18	24	53.2 : 24	%
Turkey	22.00	Dec/19	22	33 : 20	%
United States	21.00	Dec/19	21	52.8 : 1	%
Russia	20.00	Dec/19	20	43 : 20	%
Saudi Arabia	20.00	Dec/18	20	45 : 20	%
United Kingdom	19.00	Dec/19	19	52 : 19	%
Switzerland	18.00	Dec/19	18	25 : 17.77	%
Singapore	17.00	Dec/19	17	26 : 17	%