LK · AsiaTR · Asia
Sri Lanka vs Türkiye: tax rates compared
Türkiye has an income tax rate of 40.8%, 4.8pp above Sri Lanka's 36%. 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
| Tax | LK | TR | Difference |
|---|---|---|---|
| Income Tax | 36% | 40.8% | TR +4.8 pp |
| Corporate Tax | 30% | 25% | LK +5 pplargest gap |
| VAT | 18% | 20% | TR +2 pp |
| Capital Gains Tax | 0% | 0% | match |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Sri Lanka | 36% | Source: Inland Revenue Department, Sri Lanka — Tax Chart, Year of Assessment 2025/2026 · as of 2025-08-28 |
| Türkiye | 40.8% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | −4.8 pp | Türkiye higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Sri Lanka | 30% | 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 | +5 pp | Sri Lanka higher |
Sri Lanka has a corporate tax rate of 30%, 5pp above Türkiye's 25%. The 201-country average is 22.6%: both sit above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Sri Lanka | 18% | Source: Sri Lanka Inland Revenue Department — Value Added Tax (VAT) · as of 2024-01-01 |
| Türkiye | 20% | Source: PWC Worldwide Tax Summaries — Turkey (Corporate, Other taxes) · as of 2026-03-27 |
| Difference | −2 pp | Türkiye higher |
Türkiye has a VAT rate of 20%, 2pp above Sri Lanka's 18%. The 181-country average is 15%: both sit above it. Sri Lanka's figure is dated 2024-01-01 and Türkiye's 2026-03-27, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Sri Lanka | 0% | Source: Inland Revenue Department, Sri Lanka — Capital Gain Tax (CGT) · as of 2025-11-19 |
| Türkiye | 0% | Source: PWC Worldwide Tax Summaries — Turkey (Individual, Income determination) · as of 2026-03-27 |
| Difference | 0 pp | displayed rates match |
Sri Lanka and Türkiye share the same capital gains tax rate: 0%. The 175-country average is 10.3%: both sit below it. Sri Lanka's figure is dated 2025-11-19 and Türkiye's 2026-03-27, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Sri Lanka | 0% | Source: Sri Lanka Inland Revenue Department — Acts of Parliament (tax legislation listing) · 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 |
Sri Lanka and Türkiye share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Crypto Tax.