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 February of 2023.

Personal Income Tax Rate in Turkey is expected to reach 40.00 percent by the end of 2023, 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 2024, according to our econometric models.

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Turkey Personal Income Tax Rate

Related Last Previous Unit Reference
Personal Income Tax Rate 40.00 40.00 percent Dec 2022
Corporate Tax Rate 23.00 25.00 percent Dec 2022
Sales Tax Rate 18.00 18.00 percent Dec 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
40.00 40.00 40.00 35.00 2004 - 2022 percent Yearly