TH · AsiaTR · Asia

Thailand vs Türkiye: tax rates compared

Between the two, Türkiye's income tax rate (40.8%) tops Thailand's (35%) by 5.8pp. The 200-country average is 28%: both sit above it. Thailand's figure is dated 2026-02-02 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

0102030405060Income35%40.8%Corporate20%25%VAT7%20%Capital Gains0%Wealth Tax0%
five shared taxes, side by side
Tax TH TRDifference
Income Tax35%40.8%TR +5.8 pp
Corporate Tax20%25%TR +5 pp
VAT7%20%TR +13 pplargest gap
Capital Gains Tax0%0%match
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Thailand35%Source: PWC Worldwide Tax Summaries — Thailand (Individual, Taxes on personal income) · as of 2026-02-02
Türkiye40.8%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference−5.8 ppTürkiye higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Thailand20%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
Difference−5 ppTürkiye higher

Between the two, Türkiye's corporate tax rate (25%) tops Thailand's (20%) by 5pp. The 201-country average is 22.6%: Thailand sits below it, Türkiye sits above it.

VAT

VAT, side by side
CountryRateSource
Thailand7%Source: PWC Worldwide Tax Summaries — Thailand (Corporate, Other taxes) · as of 2026-02-02
Türkiye20%Source: PWC Worldwide Tax Summaries — Turkey (Corporate, Other taxes) · as of 2026-03-27
Difference−13 ppTürkiye higher

Between the two, Türkiye's VAT rate (20%) tops Thailand's (7%) by 13pp. The 181-country average is 15%: Thailand sits below it, Türkiye sits above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Thailand0%Source: PWC Worldwide Tax Summaries — Thailand (Individual, Income determination) · as of 2026-02-02
Türkiye0%Source: PWC Worldwide Tax Summaries — Turkey (Individual, Income determination) · as of 2026-03-27
Difference0 ppdisplayed rates match

There's no gap here — Thailand 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
Thailand0%Source: PWC Worldwide Tax Summaries — Thailand (Individual, Other taxes) · as of 2026-02-02
Türkiye0%Source: PWC Worldwide Tax Summaries — Türkiye (Individual, Other taxes) · as of 2026-03-27
Difference0 ppdisplayed rates match

There's no gap here — Thailand 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.