Turkey vs Armenia
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
💰 Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country — side by side.
Individual Income Tax (Top Marginal Rate)
VAT / GST / Sales Tax
Corporate Tax Rate
Capital Gains Tax
Social Security & Payroll
🇹🇷 Turkey — Municipal & Special Provincial Taxes
Turkey's 81 provinces and 1,389 municipalities levy Real Estate Tax (Emlak Vergisi) at 0.1%–0.6% of assessed value (doubled in metro areas). Municipalities levy Environmental Cleansing Tax (çevre 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.
🇦🇲 Armenia — Community & Municipal Taxes
Armenia's 930 communities (hamaynkner) levy local taxes including land tax and property tax within frameworks set by the Tax Code. Yerevan, as a metropolis divided into 12 administrative districts, has the highest commercial property values. The State Revenue Committee (SRC) administers all national taxes. Armenia has an EU-associated trade agreement (CEPA) and maintains CIS links with Russia. A flat income tax replaced progressive rates in 2020. Significant diaspora investment affects the fiscal landscape.
Turkey vs Armenia: Key Tax Differences (2026)
💰 Income Tax: 🇹🇷 Turkey has a higher top income tax rate (15–40% vs 20%). 🇦🇲 Armenia is more favourable for high earners.
🛒 VAT/Sales Tax: Both countries have comparable consumption tax rates (1–20% vs 20%).
🏢 Corporate Tax: 🇦🇲 Armenia offers a lower corporate rate (18% vs 25%), which can influence business location decisions.
📈 Capital Gains: 🇦🇲 Armenia taxes investment gains at a lower rate (10% vs 40%), benefiting investors.