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Turkey vs Spain
Tax Rate Comparison

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

🇹🇷 Turkey
vs
🇪🇸 Spain
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
19–47%
National rates stable; community variation continues
No change

VAT / GST / Sales Tax

VAT / GST / Sales Tax
1–20%
VAT structure maintained; potential rationalization
No change
4–21%
Basic food VAT returning toward normal rates
No change

Corporate Tax Rate

Corporate Tax Rate
25%
25% stable; capital markets development incentives
No change
25%
25% standard; digital services levy discussions
No change

Capital Gains Tax

Capital Gains Tax
0–40%
Inflation-adjusted gains; listed shares remain exempt
No change
19–28%
Progressive savings tax maintained
No change

Social Security & Payroll

Social Security / Payroll
~37.5%
SGK contribution structure maintained; frequent minimum wage hikes
No change
~37.2%
MEI surcharge continues gradual increase to 2032
+0.2pp vs 2025
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.

🇪🇸 SpainAutonomous Community & Municipal Taxes

Spain's 17 autonomous communities set their own half of income tax. Madrid applies significant reductions while Catalonia has higher regional rates. The Basque Country and Navarre have special tax regimes (concierto económico). Municipal taxes include IBI (property tax) and IAE (business activity tax). Effective top rates (national + regional) range from ~43% (Madrid) to ~54% in some communities.

⚠️ 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 Spain: Key Tax Differences (2026)

💰 Income Tax: 🇪🇸 Spain has a higher top income tax rate (15–40% vs 19–47%). 🇹🇷 Turkey is more favourable for high earners.

🛒 VAT/Sales Tax: Spain has a higher consumption tax (1–20% vs 4–21%).

🏢 Corporate Tax: Corporate rates are similar in both countries (25% vs 25%).

📈 Capital Gains: 🇪🇸 Spain taxes investment gains at a lower rate (28% vs 40%), benefiting investors.

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