CA · AmericasTR · Asia
Canada vs Türkiye: tax rates compared
Between the two, Canada's income tax rate (53.5%) tops Türkiye's (40.8%) by 12.7pp. The 200-country average is 28%: both sit above it.
Verified data covers five of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | CA | TR | Difference |
|---|---|---|---|
| Income Tax | 53.5% | 40.8% | CA +12.7 pp |
| Corporate Tax | 26% | 25% | CA +1 pp |
| VAT | 5% | 20% | TR +15 pp |
| Capital Gains Tax | 27.4% | 0% | CA +27.4 pplargest gap |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Canada | 53.5% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Türkiye | 40.8% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | +12.7 pp | Canada higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Canada | 26% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Türkiye | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +1 pp | Canada higher |
Between the two, Canada's corporate tax rate (26%) tops Türkiye's (25%) by 1pp. The 201-country average is 22.6%: both sit above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Canada | 5% | Source: PWC Worldwide Tax Summaries — Canada (Corporate, Other taxes) · as of 2026-06-12 |
| Türkiye | 20% | Source: PWC Worldwide Tax Summaries — Turkey (Corporate, Other taxes) · as of 2026-03-27 |
| Difference | −15 pp | Türkiye higher |
Between the two, Türkiye's VAT rate (20%) tops Canada's (5%) by 15pp. The 181-country average is 15%: Canada sits below it, Türkiye sits above it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Canada | 27.4% | Source: PWC Worldwide Tax Summaries — Canada (Individual, Taxes on personal income) · as of 2026-06-12 |
| Türkiye | 0% | Source: PWC Worldwide Tax Summaries — Turkey (Individual, Income determination) · as of 2026-03-27 |
| Difference | +27.4 pp | Canada higher |
Between the two, Canada's capital gains tax rate (27.4%) tops Türkiye's (0%) by 27.4pp. The 175-country average is 10.3%: Canada sits above it, Türkiye sits below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Canada | 0% | Source: PWC Worldwide Tax Summaries — Canada (Individual, Other taxes) · as of 2026-06-12 |
| Türkiye | 0% | Source: PWC Worldwide Tax Summaries — Türkiye (Individual, Other taxes) · as of 2026-03-27 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Canada and Türkiye both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Crypto Tax.