The Personal Income Tax Rate in Turkey stands at 35 percent. Personal Income Tax Rate in Turkey averaged 35.31 percent from 2004 until 2019, reaching an all time high of 40 percent in 2004 and a record low of 35 percent in 2005. source: Turkish Revenue Administration

Personal Income Tax Rate in Turkey is expected to be 35.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Turkey Personal Income Tax Rate is projected to trend around 35.00 percent in 2020, according to our econometric models.

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Turkey Personal Income Tax Rate

Actual Previous Highest Lowest Dates Unit Frequency
35.00 35.00 40.00 35.00 2004 - 2019 percent Yearly


Turkey Personal Income Tax Rate
In Turkey, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labour, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Turkey.

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 [+]