Pay Tax in Turkey

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Pay Tax in Turkey

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How are creators handling local income taxes in Turkey? Do you pay as gelir vergisi or is it covered as an exemption under Article 18?

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Hello, @ELD TRAINING 


Here is the some details of  the Income tax related in Turkey.

Taxation of Residents and Non-Residents:
Turkey taxes its residents on their worldwide income, while non-residents are taxed only on Turkish-source earnings.
As a resident, you’ll be subject to gelir vergisi (income tax) on your total income.
Progressive Tax Rates:
Income tax rates are progressive, meaning they increase as your income rises.
Here are the current rates for employment income (as of January 2024):
Up to 110,000 TRY: Tax rate is 15%.
110,000 TRY to 230,000 TRY: Tax rate is 20%.
230,000 TRY to 580,000 TRY: Tax rate is 27%.
580,000 TRY to 870,000 TRY: Tax rate is 35%.
Above 870,000 TRY: Tax rate is 40%12.
Local Income Taxes:
Good news! There are no local taxes on personal income in Turkey. So, you won’t need to worry about additional local levies1.
Article 18 Exemption:
Article 18 of the Turkish Income Tax Law provides exemptions for certain types of income (such as dividends, interest, and capital gains).
However, this exemption doesn’t apply to employment income. For employment-related taxes, you’ll follow the standard progressive rates mentioned above.

I hope this information will help you.
Best Regard,
geraldine198
Spotify Pie

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Hello, @ELD TRAINING 


Here is the some details of  the Income tax related in Turkey.

Taxation of Residents and Non-Residents:
Turkey taxes its residents on their worldwide income, while non-residents are taxed only on Turkish-source earnings.
As a resident, you’ll be subject to gelir vergisi (income tax) on your total income.
Progressive Tax Rates:
Income tax rates are progressive, meaning they increase as your income rises.
Here are the current rates for employment income (as of January 2024):
Up to 110,000 TRY: Tax rate is 15%.
110,000 TRY to 230,000 TRY: Tax rate is 20%.
230,000 TRY to 580,000 TRY: Tax rate is 27%.
580,000 TRY to 870,000 TRY: Tax rate is 35%.
Above 870,000 TRY: Tax rate is 40%12.
Local Income Taxes:
Good news! There are no local taxes on personal income in Turkey. So, you won’t need to worry about additional local levies1.
Article 18 Exemption:
Article 18 of the Turkish Income Tax Law provides exemptions for certain types of income (such as dividends, interest, and capital gains).
However, this exemption doesn’t apply to employment income. For employment-related taxes, you’ll follow the standard progressive rates mentioned above.

I hope this information will help you.
Best Regard,
geraldine198
Spotify Pie

Go to solution

I got an article 18 tax exemption. All Turkish friends take note - the process is easy.

1. Apply online for exemption as 'digital content creator' atInternet Vergi Dairesi

2. Take exemption letter to a local bank to open account for Udemy income 

3. Notify IVD of account

4. Point Udemy payments to Payoneer

5. Point Payoneer to your bank account

 

Bank will deduct 15% at source as tax. No income reporting needed. Tax is fixed up to 3 million TRY. (No progressive tax.)

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