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Turkey vs Singapore
Tax Rate Comparison

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

🇹🇷 Turkey
vs
🇸🇬 Singapore
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
0–24%
Stable; top bracket review under consideration
No change

VAT / GST / Sales Tax

VAT / GST / Sales Tax
1–20%
VAT structure maintained; potential rationalization
No change
9%
No further GST increases planned
No change

Corporate Tax Rate

Corporate Tax Rate
25%
25% stable; capital markets development incentives
No change
17%
Global Minimum Tax compliance ongoing
No change

Capital Gains Tax

Capital Gains Tax
0–40%
Inflation-adjusted gains; listed shares remain exempt
No change
0%
No capital gains tax
No change

Social Security & Payroll

Social Security / Payroll
~37.5%
SGK contribution structure maintained; frequent minimum wage hikes
No change
37%
CPF adequacy review; contribution rates stable
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.

🇸🇬 SingaporeCity-State — No Sub-National Variation

As a city-state, Singapore has no states or regions to create tax variation. Property tax is levied at progressive rates (0–32% owner-occupied; 12% investment/commercial). CPF (Central Provident Fund) contributions serve as combined social security and retirement savings. There is no inheritance tax or capital gains tax.

⚠️ 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 Singapore: Key Tax Differences (2026)

💰 Income Tax: 🇹🇷 Turkey has a higher top income tax rate (15–40% vs 0–24%). 🇸🇬 Singapore is more favourable for high earners.

🛒 VAT/Sales Tax: Turkey has a higher consumption tax (1–20% vs 9%).

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

📈 Capital Gains: 🇸🇬 Singapore taxes investment gains at a lower rate (0% vs 40%), benefiting investors.

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