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São Tomé and Príncipe vs Türkiye: tax rates compared

Türkiye has an income tax rate of 40.8%, 15.8pp above São Tomé and Príncipe's 25%. The 200-country average is 28%: São Tomé and Príncipe sits below it, Türkiye sits above it. São Tomé and Príncipe's figure is dated 2009-10-08 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

0102030405060Income25%40.8%Corporate25%VAT15%20%Capital Gains0%15%
four shared taxes, side by side
Tax ST TRDifference
Income Tax25%40.8%TR +15.8 pplargest gap
Corporate Tax25%25%match
VAT15%20%TR +5 pp
Capital Gains Tax15%0%ST +15 pp

Income Tax

Income Tax, side by side
CountryRateSource
São Tomé and Príncipe25%Source: Diário da República (official gazette), São Tomé e Príncipe — Lei n.º 11/2009, Código do Imposto sobre o Rendimento das Pessoas Singulares (IRS), Art. 66 · as of 2009-10-08
Türkiye40.8%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference−15.8 ppTürkiye higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
São Tomé and Príncipe25%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
Difference0 ppdisplayed rates match

São Tomé and Príncipe and Türkiye share the same corporate tax rate: 25%. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
São Tomé and Príncipe15%Source: Ministério do Planeamento, Finanças e Economia Azul (São Tomé e Príncipe) — Manual do IVA 2023 · as of 2023-06-01
Türkiye20%Source: PWC Worldwide Tax Summaries — Turkey (Corporate, Other taxes) · as of 2026-03-27
Difference−5 ppTürkiye higher

Türkiye has a VAT rate of 20%, 5pp above São Tomé and Príncipe's 15%. The 181-country average is 15%: São Tomé and Príncipe matches the world average, Türkiye sits above it. São Tomé and Príncipe's figure is dated 2023-06-01 and Türkiye's 2026-03-27, so the two rates come from different data vintages.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
São Tomé and Príncipe15%Source: Diário da República (official gazette), São Tomé e Príncipe — Lei n.º 11/2009, Código do Imposto sobre o Rendimento das Pessoas Singulares (IRS), Articles 27, 69 and 70 · as of 2009-10-08
Türkiye0%Source: PWC Worldwide Tax Summaries — Turkey (Individual, Income determination) · as of 2026-03-27
Difference+15 ppSão Tomé and Príncipe higher

São Tomé and Príncipe has a capital gains tax rate of 15%, 15pp above Türkiye's 0%. The 175-country average is 10.3%: São Tomé and Príncipe sits above it, Türkiye sits below it. São Tomé and Príncipe's figure is dated 2009-10-08 and Türkiye's 2026-03-27, so the two rates come from different data vintages.

Not covered for both countries yet: Crypto Tax, Wealth Tax.