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Türkiye vs Uruguay: tax rates compared

Türkiye's income tax rate is 4.8pp higher than Uruguay's (40.8% vs 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

0102030405060Income36%40.8%Corporate25%VAT20%22%Capital Gains0%12%Wealth Tax0%0.1%
five shared taxes, side by side
Tax TR UYDifference
Income Tax40.8%36%TR +4.8 pp
Corporate Tax25%25%match
VAT20%22%UY +2 pp
Capital Gains Tax0%12%UY +12 pplargest gap
Wealth Tax0%0.1%UY +0.1 pp

Income Tax

Income Tax, side by side
CountryRateSource
Türkiye40.8%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Uruguay36%Source: PWC Worldwide Tax Summaries — Uruguay (Individual, Taxes on personal income) · as of 2025-12-31
Difference+4.8 ppTürkiye higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Türkiye25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Uruguay25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference0 ppdisplayed rates match

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

VAT

VAT, side by side
CountryRateSource
Türkiye20%Source: PWC Worldwide Tax Summaries — Turkey (Corporate, Other taxes) · as of 2026-03-27
Uruguay22%Source: Dirección General Impositiva (DGI), Uruguay · as of 2024-06-18
Difference−2 ppUruguay higher

Uruguay's VAT rate is 2pp higher than Türkiye's (22% vs 20%). The 181-country average is 15%: both sit above it. Türkiye's figure is dated 2026-03-27 and Uruguay's 2024-06-18, so the two rates come from different data vintages.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Türkiye0%Source: PWC Worldwide Tax Summaries — Turkey (Individual, Income determination) · as of 2026-03-27
Uruguay12%Source: PWC Worldwide Tax Summaries — Uruguay (Individual, Income determination) · as of 2026-03-09
Difference−12 ppUruguay higher

Uruguay's capital gains tax rate is 12pp higher than Türkiye's (12% vs 0%). The 175-country average is 10.3%: Türkiye sits below it, Uruguay sits above it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Türkiye0%Source: PWC Worldwide Tax Summaries — Türkiye (Individual, Other taxes) · as of 2026-03-27
Uruguay0.1%Source: Dirección General Impositiva — Tasas del Impuesto al Patrimonio, personas físicas 2025 · as of 2025-01-01
Difference−0.1 ppUruguay higher

Uruguay's wealth tax rate is 0.1pp higher than Türkiye's (0.1% vs 0%). The 193-country average is 0.1%: Türkiye sits below it, Uruguay matches the world average. Türkiye's figure is dated 2026-03-27 and Uruguay's 2025-01-01, so the two rates come from different data vintages.

Not covered for both countries yet: Crypto Tax.