JE · EuropeTR · Asia

Jersey vs Türkiye: tax rates compared

Between the two, Türkiye's income tax rate (40.8%) tops Jersey's (20%) by 20.8pp. The 200-country average is 28%: Jersey sits below it, Türkiye sits above it. Jersey's figure is dated 2026-02-02 and Türkiye's 2025-01-01, so the two rates come from different data vintages.

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

0102030405060Income20%40.8%Corporate0%25%VAT5%20%Capital Gains0%Wealth Tax0%
five shared taxes, side by side
Tax JE TRDifference
Income Tax20%40.8%TR +20.8 pp
Corporate Tax0%25%TR +25 pplargest gap
VAT5%20%TR +15 pp
Capital Gains Tax0%0%match
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Jersey20%Source: PWC Worldwide Tax Summaries — Jersey, Channel Islands (Individual, Taxes on personal income) · as of 2026-02-02
Türkiye40.8%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference−20.8 ppTürkiye higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Jersey0%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Türkiye25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−25 ppTürkiye higher

Between the two, Türkiye's corporate tax rate (25%) tops Jersey's (0%) by 25pp. The 201-country average is 22.6%: Jersey sits below it, Türkiye sits above it.

VAT

VAT, side by side
CountryRateSource
Jersey5%Source: PWC Worldwide Tax Summaries — Jersey (Corporate, Other taxes) · as of 2026-02-02
Türkiye20%Source: PWC Worldwide Tax Summaries — Turkey (Corporate, Other taxes) · as of 2026-03-27
Difference−15 ppTürkiye higher

Between the two, Türkiye's VAT rate (20%) tops Jersey's (5%) by 15pp. The 181-country average is 15%: Jersey sits below it, Türkiye sits above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Jersey0%Source: PWC Worldwide Tax Summaries — Jersey (Individual, Income determination) · as of 2026-02-02
Türkiye0%Source: PWC Worldwide Tax Summaries — Turkey (Individual, Income determination) · as of 2026-03-27
Difference0 ppdisplayed rates match

There's no gap here — Jersey and Türkiye both post a capital gains tax rate of 0%. The 175-country average is 10.3%: both sit below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Jersey0%Source: PWC Worldwide Tax Summaries — Jersey (Individual, Other taxes) · as of 2026-02-02
Türkiye0%Source: PWC Worldwide Tax Summaries — Türkiye (Individual, Other taxes) · as of 2026-03-27
Difference0 ppdisplayed rates match

There's no gap here — Jersey 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.