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Serbia vs Türkiye: tax rates compared
Türkiye's income tax rate is 30.8pp higher than Serbia's (40.8% vs 10%). The 200-country average is 28%: Serbia sits below it, Türkiye sits above it. Serbia's figure is dated 2026-02-25 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
| Tax | RS | TR | Difference |
|---|---|---|---|
| Income Tax | 10% | 40.8% | TR +30.8 pplargest gap |
| Corporate Tax | 15% | 25% | TR +10 pp |
| VAT | 20% | 20% | match |
| Capital Gains Tax | 15% | 0% | RS +15 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Serbia | 10% | Source: PWC Worldwide Tax Summaries — Serbia (Individual, Income determination) · as of 2026-02-25 |
| Türkiye | 40.8% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | −30.8 pp | Türkiye higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Serbia | 15% | 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 | −10 pp | Türkiye higher |
Türkiye's corporate tax rate is 10pp higher than Serbia's (25% vs 15%). The 201-country average is 22.6%: Serbia sits below it, Türkiye sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Serbia | 20% | Source: PWC Worldwide Tax Summaries — Serbia (Corporate, Other taxes) · as of 2026-02-25 |
| Türkiye | 20% | Source: PWC Worldwide Tax Summaries — Turkey (Corporate, Other taxes) · as of 2026-03-27 |
| Difference | 0 pp | displayed rates match |
Serbia's VAT rate is identical to Türkiye's — both sit at 20%. The 181-country average is 15%: both sit above it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Serbia | 15% | Source: PWC Worldwide Tax Summaries — Serbia (Individual, Income determination) · as of 2026-02-25 |
| Türkiye | 0% | Source: PWC Worldwide Tax Summaries — Turkey (Individual, Income determination) · as of 2026-03-27 |
| Difference | +15 pp | Serbia higher |
Serbia's capital gains tax rate is 15pp higher than Türkiye's (15% vs 0%). The 175-country average is 10.3%: Serbia sits above it, Türkiye sits below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Serbia | 0% | Source: PWC Worldwide Tax Summaries — Serbia (Net wealth/worth tax rates) · as of 2026-02-25 |
| Türkiye | 0% | Source: PWC Worldwide Tax Summaries — Türkiye (Individual, Other taxes) · as of 2026-03-27 |
| Difference | 0 pp | displayed rates match |
Serbia'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: Crypto Tax.