🇹🇷 Turkey

15%

Dividends from resident companies are 50% exempt, and for foreign dividends, 50% exemption applies if the shareholder owns at least 50% of the company and the dividends are remitted to Turkey.

10%

Capital gains from certain financial instruments are subject to tax in Turkey, with some gains taxed via withholding and others under self-assessment rules.

40%

Rental income from property in Turkey is subject to progressive income tax ranging from 15% to 40%, with exemptions for low-value residential properties.

Yes

Property owners in Turkey are required to pay an annual property tax calculated on the assessed value of the property, with rates varying between 0.1% and 0.6% depending on property type and location.

Yes

Turkey imposes inheritance and gift tax with rates ranging from 1% to 30% depending on the value of the inheritance or gift.

No

Turkey does not impose a wealth tax on individuals.