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Spain vs Türkiye: tax rates compared

Spain's income tax rate is 7.8pp higher than Türkiye's (48.6% vs 40.8%). The 200-country average is 28%: both sit above it.

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

0102030405060Income40.8%48.6%Corporate25%VAT20%21%Capital Gains0%30%Wealth Tax0%3.5%
five shared taxes, side by side
Tax ES TRDifference
Income Tax48.6%40.8%ES +7.8 pp
Corporate Tax25%25%match
VAT21%20%ES +1 pp
Capital Gains Tax30%0%ES +30 pplargest gap
Wealth Tax3.5%0%ES +3.5 pp

Income Tax

Income Tax, side by side
CountryRateSource
Spain48.6%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Türkiye40.8%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference+7.8 ppSpain higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Spain25%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

Spain's corporate tax rate is identical to Türkiye's — both sit at 25%. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Spain21%Source: PWC Worldwide Tax Summaries — Spain (Corporate, Other taxes) · as of 2025-12-31
Türkiye20%Source: PWC Worldwide Tax Summaries — Turkey (Corporate, Other taxes) · as of 2026-03-27
Difference+1 ppSpain higher

Spain's VAT rate is 1pp higher than Türkiye's (21% vs 20%). The 181-country average is 15%: both sit above it. Spain's figure is dated 2025-12-31 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
Spain30%Source: PwC Worldwide Tax Summaries — Spain, Individual - Income determination · as of 2025-12-31
Türkiye0%Source: PWC Worldwide Tax Summaries — Turkey (Individual, Income determination) · as of 2026-03-27
Difference+30 ppSpain higher

Spain's capital gains tax rate is 30pp higher than Türkiye's (30% vs 0%). The 175-country average is 10.3%: Spain sits above it, Türkiye sits below it. Spain's figure is dated 2025-12-31 and Türkiye's 2026-03-27, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Spain3.5%Source: PWC Worldwide Tax Summaries — Spain (Individual, Other taxes) · as of 2025-12-31
Türkiye0%Source: PWC Worldwide Tax Summaries — Türkiye (Individual, Other taxes) · as of 2026-03-27
Difference+3.5 ppSpain higher

Spain's wealth tax rate is 3.5pp higher than Türkiye's (3.5% vs 0%). The 193-country average is 0.1%: Spain sits above it, Türkiye sits below it. Spain's figure is dated 2025-12-31 and Türkiye's 2026-03-27, so the two rates come from different data vintages.

Not covered for both countries yet: Crypto Tax.