The Personal Income Tax Rate in Turkey stands at 40 percent. source: Turkish Revenue Administration

Personal Income Tax Rate in Turkey averaged 35.83 percent from 2004 until 2021, reaching an all time high of 40 percent in 2004 and a record low of 35 percent in 2005. This page provides the latest reported value for - Turkey Personal Income Tax Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Turkey Personal Income Tax Rate - values, historical data and charts - was last updated on July of 2021.

Personal Income Tax Rate in Turkey is expected to reach 40.00 percent by the end of 2021, 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 40.00 percent in 2022, according to our econometric models.

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Turkey Personal Income Tax Rate

Actual Previous Highest Lowest Dates Unit Frequency
40.00 40.00 40.00 35.00 2004 - 2021 percent Yearly

Turkey Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 25.00 22.00 33.00 20.00 percent [+]
Personal Income Tax Rate 40.00 40.00 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 [+]


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.