SO · AfricaTR · Asia
Somalia vs Türkiye: tax rates compared
Türkiye's income tax rate is 22.8pp higher than Somalia's (40.8% vs 18%). The 200-country average is 28%: Somalia sits below it, Türkiye sits above it.
Verified data covers three of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | SO | TR | Difference |
|---|---|---|---|
| Income Tax | 18% | 40.8% | TR +22.8 pplargest gap |
| Corporate Tax | 15% | 25% | TR +10 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Somalia | 18% | Source: Ministry of Finance, Federal Republic of Somalia — Income Tax Manual (for the Income Tax Law 2025 & Income Tax Regulations 2025) · as of 2025-11-01 |
| Türkiye | 40.8% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | −22.8 pp | Türkiye higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Somalia | 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 Somalia's (25% vs 15%). The 201-country average is 22.6%: Somalia sits below it, Türkiye sits above it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Somalia | 0% | Source: Somalia Revenue Directorate — Direct Tax · as of 2026-07-18 |
| Türkiye | 0% | Source: PWC Worldwide Tax Summaries — Türkiye (Individual, Other taxes) · as of 2026-03-27 |
| Difference | 0 pp | displayed rates match |
Somalia'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: VAT, Capital Gains Tax, Crypto Tax.