Turkey Tax Overview

Turkish tax system at a glance (2025)

Turkey (Türkiye) operates a national tax system administered centrally, with progressive personal income tax, a flat corporate income tax, and a broad-based VAT. The figures below reflect the 2025 calendar tax year. This is an unverified source-cited draft pending review by a licensed Turkish accountant (Yeminli Mali Müşavir / Serbest Muhasebeci Mali Müşavir).

• Standard tax year — Calendar year (1 January – 31 December) (Income Tax Law No. 193 (Gelir Vergisi Kanunu))
• Currency — Turkish lira (TRY) (Central Bank of the Republic of Türkiye)
• Tax authority — Turkish Revenue Administration (Gelir İdaresi Başkanlığı, GİB) (Gelir İdaresi Başkanlığı (Revenue Administration))
• Residence basis (individuals) — Residents taxed on worldwide income; non-residents taxed on Turkish-source income only (Income Tax Law No. 193)
• Residence basis (companies) — Resident entities taxed on worldwide income; non-resident entities taxed on Turkish-source income only (Corporate Tax Law No. 5520 (Kurumlar Vergisi Kanunu))
• Headline personal income tax rate range — 15% to 40% (progressive) % (Income Tax Law No. 193; Income Tax General Communiqué No. 329)
• Headline corporate income tax rate — 25% (standard); 30% for financial-sector entities % (Corporate Tax Law No. 5520)
• Does VAT exist? — Yes — VAT (KDV) standard rate 20% % (Value Added Tax Law No. 3065 (Katma Değer Vergisi Kanunu))
• Corporate income tax return deadline — By the end of the 4th month after fiscal year-end (30 April for calendar-year taxpayers) (Corporate Tax Law No. 5520)
• Annual individual income tax return deadline — 1–25 March of the following year; tax paid in two equal installments (March and July) (Income Tax Law No. 193)
• VAT return frequency and deadline — Monthly; filed by the 24th and paid by the 26th of the following month (Value Added Tax Law No. 3065)