Turkey

Paying Taxes in

Turkey

Listed below is a detailed summary of the taxes and mandatory contributions that a medium-size company must pay or withhold in a given year, as well as measures of administrative burden in paying taxes.

The information appearing on this page was collected as part of the Doing Business project, which measures and compares regulations relevant to the life cycle of a small- to medium-sized domestic business in 183 economies. The most recent round of data collection for the project was completed in December 2010.

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To see indicator data for all economies, see the Paying Taxes page. To see how economies rank, see the Rankings page.

Tax or mandatory contribution Payments (number) Notes on Payments Time (hours) Statutory tax rate Tax base Total tax rate (% profit) Notes on TTR
Corporate income tax 1 online filing 46 20.0% taxable income 17.9
Employer paid - Social security contributions 1 online filing 80 14.5% gross salaries 16.5
Employer paid - Unemployment insurance contributions 0 paid jointly 2.00% gross salaries 2.3
Fuel tax 1 included in fuel price 1.4
Property transfer fee 1 1.65% sale price 1
Property tax 2 0.2% and 0.3% (doubled in Istanbul) value of building and land (reevaluated each year) 0.9
Stamp duty on property sale 1 0.825% sale price 0.5
Vehicle tax 1 fixed fee (TRY 1,759) 0.4
Tax on interest 0 withheld 15.0% interest income 0.4 included in other taxes
Transaction tax on checks 1 TRY 3.10 per check number of checks 0.2
Environment tax 2 fixed fee (TRY 2,375) with 25% surcharge 0
Value added tax (VAT) 1 online filing 97 General rate is 18% but varies between 1%-18% value added not included
Advertising tax 2 various rates advertising expense small amount
Stamp duty on contracts 1 0.750% transaction value small amount
Totals: 15 223 41.1
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