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Turkey vs Norway
Tax Rate Comparison

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

🇹🇷 Turkey
vs
🇳🇴 Norway
Tax Year:

💰 Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country — side by side.

Enter your annual income above to see your personal tax comparison →

Individual Income Tax (Top Marginal Rate)

Top Income Tax Rate
15–40%
Brackets indexed to PPI; real rates declining with inflation
No change
22–47.4%
Income thresholds rising with wage growth
No change

VAT / GST / Sales Tax

VAT / GST / Sales Tax
1–20%
VAT structure maintained; potential rationalization
No change
12–25%
Standard 25% maintained
No change

Corporate Tax Rate

Corporate Tax Rate
25%
25% stable; capital markets development incentives
No change
22%
Resource rent taxes stable; critical minerals review
No change

Capital Gains Tax

Capital Gains Tax
0–40%
Inflation-adjusted gains; listed shares remain exempt
No change
37.84%
High dividend tax fuels holding co. debate
No change

Social Security & Payroll

Social Security / Payroll
~37.5%
SGK contribution structure maintained; frequent minimum wage hikes
No change
~19.1%
Stable; labour market tight
No change
State, Regional & Local Taxes

🇹🇷 TurkeyMunicipal & 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.

🇳🇴 NorwayMunicipal 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%–1.1% on net assets above NOK 1.7M. Dividends above a risk-free return are taxed at ~37.84% effective.

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

Turkey vs Norway: Key Tax Differences (2026)

💰 Income Tax: 🇳🇴 Norway has a higher top income tax rate (15–40% vs 22–47.4%). 🇹🇷 Turkey is more favourable for high earners.

🛒 VAT/Sales Tax: Norway has a higher consumption tax (1–20% vs 12–25%).

🏢 Corporate Tax: 🇳🇴 Norway offers a lower corporate rate (22% vs 25%), which can influence business location decisions.

📈 Capital Gains: 🇳🇴 Norway taxes investment gains at a lower rate (37.84% vs 40%), benefiting investors.

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