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Turkey vs San Marino
Tax Rate Comparison

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

🇹🇷 Turkey
vs
🇸🇲 San Marino
Tax Year:

💰 Personal Income Tax Calculator

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

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Individual Income Tax (Top Marginal Rate)

Top Income Tax Rate
15–40%
Brackets indexed to PPI; real rates declining with inflation
No change
9–35%
35% top; EU association reforms ongoing
No change

VAT / GST / Sales Tax

VAT / GST / Sales Tax
1–20%
VAT structure maintained; potential rationalization
No change
17%
17% maintained
No change

Corporate Tax Rate

Corporate Tax Rate
25%
25% stable; capital markets development incentives
No change
17%
17% IRES; Pillar Two compliance
No change

Capital Gains Tax

Capital Gains Tax
0–40%
Inflation-adjusted gains; listed shares remain exempt
No change
0–17%
CGT structure maintained
No change

Social Security & Payroll

Social Security / Payroll
~37.5%
SGK contribution structure maintained; frequent minimum wage hikes
No change
~30%
ISS reform; pension sustainability
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.

🇸🇲 San MarinoMunicipal Taxes (Castelli)

San Marino's 9 castelli (municipalities) levy local property tax supplements and communal fees. San Marino is an enclave within Italy using the euro but maintaining fiscal sovereignty under a Convention with the EU. The income tax (IRPEF) uses a progressive scale. San Marino aims to be a competitive financial jurisdiction while maintaining EU market access — with corporate tax notably lower than neighbouring Italy.

⚠️ 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 San Marino: Key Tax Differences (2026)

💰 Income Tax: 🇹🇷 Turkey has a higher top income tax rate (15–40% vs 9–35%). 🇸🇲 San Marino is more favourable for high earners.

🛒 VAT/Sales Tax: Turkey has a higher consumption tax (1–20% vs 17%).

🏢 Corporate Tax: 🇸🇲 San Marino offers a lower corporate rate (17% vs 25%), which can influence business location decisions.

📈 Capital Gains: 🇸🇲 San Marino taxes investment gains at a lower rate (17% vs 40%), benefiting investors.

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