Turkey - Taxes on income

Taxes on income, profits and capital gains (current LCU)

The value for Taxes on income, profits and capital gains (current LCU) in Turkey was 279,587,000,000 as of 2020. As the graph below shows, over the past 48 years this indicator reached a maximum value of 279,587,000,000 in 2020 and a minimum value of 14,600 in 1972.

Definition: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
1972 14,600
1973 21,500
1974 29,400
1975 43,500
1976 59,300
1977 87,700
1978 139,400
1979 233,200
1980 463,700
1981 745,900
1983 1,109,800
1984 1,341,000
1985 1,831,300
1986 3,052,900
1987 4,424,300
1988 6,918,500
1989 13,468,500
1990 23,246,000
1991 40,418,600
1992 70,134,000
1993 125,793,000
1994 246,580,000
1995 435,999,000
1996 865,909,000
1997 2,265,094,000
1998 4,977,307,000
2008 54,697,020,000
2009 56,408,350,000
2010 63,645,550,000
2011 75,737,460,000
2012 86,011,060,000
2013 92,265,450,000
2014 110,123,000,000
2015 121,543,000,000
2016 142,431,000,000
2017 167,744,000,000
2018 221,971,000,000
2019 247,412,000,000
2020 279,587,000,000

Taxes on income, profits and capital gains (% of revenue)

Taxes on income, profits and capital gains (% of revenue) in Turkey was 18.12 as of 2020. Its highest value over the past 48 years was 51.67 in 1981, while its lowest value was 16.35 in 2013.

Definition: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

See also:

Year Value
1972 30.80
1973 36.26
1974 41.06
1975 39.98
1976 41.27
1977 46.92
1978 47.84
1979 46.95
1980 49.05
1981 51.67
1983 48.17
1984 49.45
1985 37.99
1986 43.51
1987 42.60
1988 39.55
1989 43.17
1990 42.03
1991 41.02
1992 39.56
1993 35.40
1994 33.05
1995 31.14
1996 31.94
1997 35.90
1998 40.18
2008 17.68
2009 17.71
2010 17.27
2011 17.57
2012 17.61
2013 16.35
2014 17.56
2015 16.90
2016 17.44
2017 18.10
2018 19.21
2019 18.54
2020 18.12

Taxes on income, profits and capital gains (% of total taxes)

Taxes on income, profits and capital gains (% of total taxes) in Turkey was 31.39 as of 2020. Its highest value over the past 48 years was 61.83 in 1981, while its lowest value was 27.55 in 2013.

Definition: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

See also:

Year Value
1972 37.63
1973 41.27
1974 45.02
1975 45.84
1976 44.29
1977 49.83
1978 53.37
1979 57.52
1980 61.83
1981 61.83
1983 57.26
1984 56.44
1985 45.99
1986 50.96
1987 48.76
1988 48.55
1989 52.67
1990 51.17
1991 51.34
1992 49.46
1993 47.57
1994 41.93
1995 40.19
1996 38.57
1997 41.23
1998 47.16
2008 31.17
2009 31.01
2010 28.90
2011 29.03
2012 30.04
2013 27.55
2014 29.86
2015 28.44
2016 29.69
2017 30.21
2018 34.18
2019 34.67
2020 31.39

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance