SC · AfricaTR · Asia

Seychelles vs Türkiye: tax rates compared

Between the two, Türkiye's income tax rate (40.8%) tops Seychelles's (30%) by 10.8pp. The 200-country average is 28%: both sit above it. Seychelles's figure is dated 2018-06-01 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

0102030405060Income30%40.8%Corporate25%VAT15%20%Capital Gains0%Wealth Tax0%
five shared taxes, side by side
Tax SC TRDifference
Income Tax30%40.8%TR +10.8 pplargest gap
Corporate Tax25%25%match
VAT15%20%TR +5 pp
Capital Gains Tax0%0%match
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Seychelles30%Source: Seychelles Revenue Commission — Income and Non-Monetary Benefits Tax · as of 2018-06-01
Türkiye40.8%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference−10.8 ppTürkiye higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Seychelles25%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

There's no gap here — Seychelles and Türkiye both post a corporate tax rate of 25%. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Seychelles15%Source: Seychelles Revenue Commission · as of 2010-01-01
Türkiye20%Source: PWC Worldwide Tax Summaries — Turkey (Corporate, Other taxes) · as of 2026-03-27
Difference−5 ppTürkiye higher

Between the two, Türkiye's VAT rate (20%) tops Seychelles's (15%) by 5pp. The 181-country average is 15%: Seychelles matches the world average, Türkiye sits above it. Seychelles's figure is dated 2010-01-01 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
Seychelles0%Source: Seychelles Revenue Commission — The Seychelles Tax System · as of 2026-07-19
Türkiye0%Source: PWC Worldwide Tax Summaries — Turkey (Individual, Income determination) · as of 2026-03-27
Difference0 ppdisplayed rates match

There's no gap here — Seychelles 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
Seychelles0%Source: Seychelles Revenue Commission · as of 2026-07-18
Türkiye0%Source: PWC Worldwide Tax Summaries — Türkiye (Individual, Other taxes) · as of 2026-03-27
Difference0 ppdisplayed rates match

There's no gap here — Seychelles 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.