WorldTax Compareโ† All Comparisons

Norway vs Turkey
Tax Rate Comparison

Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.

๐Ÿ‡ณ๐Ÿ‡ด Norway
vs
๐Ÿ‡น๐Ÿ‡ท Turkey
Tax Year:

๐Ÿ’ฐ Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country โ€” side by side.

Enter your annual income above to see your personal tax comparison โ†’
Individual Income Tax (Top Marginal Rate)
Top Income Tax Rate
22โ€“47.4%
Income thresholds rising with wage growth
No change
15โ€“40%
Brackets indexed to PPI; real rates declining with inflation
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
12โ€“25%
Standard 25% maintained
No change
1โ€“20%
VAT structure maintained; potential rationalization
No change
Corporate Tax Rate
Corporate Tax Rate
22%
Resource rent taxes stable; critical minerals review
No change
25%
25% stable; capital markets development incentives
No change
Capital Gains Tax
Capital Gains Tax
37.84%
High dividend tax fuels holding co. debate
No change
0โ€“40%
Inflation-adjusted gains; listed shares remain exempt
No change
Social Security & Payroll
Social Security / Payroll
~19.1%
Stable; labour market tight
No change
~37.5%
SGK contribution structure maintained; frequent minimum wage hikes
No change
State, Regional & Local Taxes

๐Ÿ‡ณ๐Ÿ‡ด Norway โ€” Municipal Taxes & Resource Rent

Norway's 15 counties and 356 municipalities set local income tax within a national band; max combined rate ~22%. Norway has unique resource rent taxes on petroleum (78%) and hydropower (67% from 2024). Wealth tax (formuesskatt) applies at 1%โ€“1.1% on net assets above NOK 1.7M. Dividends above a risk-free return are taxed at ~37.84% effective.

๐Ÿ‡น๐Ÿ‡ท Turkey โ€” Municipal & Special Provincial Taxes

Turkey's 81 provinces and 1,389 municipalities levy Real Estate Tax (Emlak Vergisi) at 0.1%โ€“0.6% of assessed value (doubled in metro areas). Municipalities levy Environmental Cleansing Tax (รงevre temizlik vergisi) and Advertisement Tax. The Communication Tax and BSMV (banking and insurance transactions tax) are national. Municipalities receive shares of central tax revenues. High inflation has significantly eroded real tax burden but required frequent bracket adjustments.

โš ๏ธ Disclaimer: Rates shown are standard top/headline rates for informational purposes. Actual tax liability depends on income level, residency, deductions, and tax treaties. 2025โ€“2026 data reflects announced or enacted rates and may be subject to change. Not financial or legal advice.

Norway vs Turkey: Key Tax Differences (2026)

๐Ÿ’ฐ Income Tax: ๐Ÿ‡ณ๐Ÿ‡ด Norway has a higher top income tax rate (22โ€“47.4% vs 15โ€“40%). ๐Ÿ‡น๐Ÿ‡ท Turkey is more favourable for high earners.

๐Ÿ›’ VAT/Sales Tax: Norway has a higher consumption tax (12โ€“25% vs 1โ€“20%).

๐Ÿข Corporate Tax: ๐Ÿ‡ณ๐Ÿ‡ด Norway offers a lower corporate rate (22% vs 25%), which can influence business location decisions.

๐Ÿ“ˆ Capital Gains: ๐Ÿ‡ณ๐Ÿ‡ด Norway taxes investment gains at a lower rate (37.84% vs 40%), benefiting investors.

Related Comparisons

๐Ÿ‡ณ๐Ÿ‡ด Norway vs ๐Ÿ‡จ๐Ÿ‡ฆ CanadaTax comparison๐Ÿ‡ณ๐Ÿ‡ด Norway vs ๐Ÿ‡ฉ๐Ÿ‡ฐ DenmarkTax comparison๐Ÿ‡ณ๐Ÿ‡ด Norway vs ๐Ÿ‡ซ๐Ÿ‡ฎ FinlandTax comparison๐Ÿ‡ณ๐Ÿ‡ด Norway vs ๐Ÿ‡ฉ๐Ÿ‡ช GermanyTax comparison๐Ÿ‡ณ๐Ÿ‡ด Norway vs ๐Ÿ‡ฎ๐Ÿ‡ธ IcelandTax comparison๐Ÿ‡ณ๐Ÿ‡ด Norway vs ๐Ÿ‡ณ๐Ÿ‡ฑ NetherlandsTax comparison๐Ÿ‡ณ๐Ÿ‡ด Norway vs ๐Ÿ‡ธ๐Ÿ‡ช SwedenTax comparison๐Ÿ‡ณ๐Ÿ‡ด Norway vs ๐Ÿ‡ฌ๐Ÿ‡ง United KingdomTax comparison๐Ÿ‡ณ๐Ÿ‡ด Norway vs ๐Ÿ‡บ๐Ÿ‡ธ United StatesTax comparison๐Ÿ‡ณ๐Ÿ‡ด Norway vs ๐Ÿ‡ฆ๐Ÿ‡ฑ AlbaniaTax comparison๐Ÿ‡ณ๐Ÿ‡ด Norway vs ๐Ÿ‡ง๐Ÿ‡พ BelarusTax comparison๐Ÿ‡ณ๐Ÿ‡ด Norway vs ๐Ÿ‡ง๐Ÿ‡ฆ Bosnia and HerzegovinaTax comparison