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Palestine vs Türkiye: tax rates compared

Türkiye's income tax rate is 25.8pp higher than Palestine's (40.8% vs 15%). The 200-country average is 28%: Palestine sits below it, Türkiye sits above it. Palestine's figure is dated 2026-02-09 and Türkiye's 2025-01-01, so the two rates come from different data vintages.

Verified data covers four of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income15%40.8%Corporate15%25%VAT16%20%Wealth Tax0%
four shared taxes, side by side
Tax PS TRDifference
Income Tax15%40.8%TR +25.8 pplargest gap
Corporate Tax15%25%TR +10 pp
VAT16%20%TR +4 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Palestine15%Source: PWC Worldwide Tax Summaries — Palestinian territories (Individual, Taxes on personal income) · as of 2026-02-09
Türkiye40.8%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference−25.8 ppTürkiye higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Palestine15%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−10 ppTürkiye higher

Türkiye's corporate tax rate is 10pp higher than Palestine's (25% vs 15%). The 201-country average is 22.6%: Palestine sits below it, Türkiye sits above it.

VAT

VAT, side by side
CountryRateSource
Palestine16%Source: PWC Worldwide Tax Summaries — Palestinian territories (Corporate, Other taxes) · as of 2026-02-09
Türkiye20%Source: PWC Worldwide Tax Summaries — Turkey (Corporate, Other taxes) · as of 2026-03-27
Difference−4 ppTürkiye higher

Türkiye's VAT rate is 4pp higher than Palestine's (20% vs 16%). The 181-country average is 15%: both sit above it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Palestine0%Source: PWC Worldwide Tax Summaries — Palestinian Territories (Individual, Other taxes) · as of 2026-02-09
Türkiye0%Source: PWC Worldwide Tax Summaries — Türkiye (Individual, Other taxes) · as of 2026-03-27
Difference0 ppdisplayed rates match

Palestine's wealth tax rate is identical to Türkiye's — both sit at 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Capital Gains Tax, Crypto Tax.