TR · AsiaZW · Africa

Türkiye vs Zimbabwe: tax rates compared

Türkiye's income tax rate is 0.8pp higher than Zimbabwe's (40.8% vs 40%). 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%40.8%Corporate25%25.8%VAT15.5%20%Capital Gains0%1%Wealth Tax0%
five shared taxes, side by side
Tax TR ZWDifference
Income Tax40.8%40%TR +0.8 pp
Corporate Tax25%25.8%ZW +0.8 pp
VAT20%15.5%TR +4.5 pplargest gap
Capital Gains Tax0%1%ZW +1 pp
Wealth Tax0%0%match

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
Zimbabwe40%Source: Zimbabwe Revenue Authority (ZIMRA) — PAYE Foreign Currency (USD) Tax Tables, January-December 2025 · as of 2025-01-01
Difference+0.8 ppTürkiye higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Türkiye25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Zimbabwe25.8%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−0.8 ppZimbabwe higher

Zimbabwe's corporate tax rate is 0.8pp higher than Türkiye's (25.8% vs 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
Zimbabwe15.5%Source: EY Worldwide VAT, GST and Sales Tax Guide 2026 — Zimbabwe · as of 2026-01-01
Difference+4.5 ppTürkiye higher

Türkiye's VAT rate is 4.5pp higher than Zimbabwe's (20% vs 15.5%). The 181-country average is 15%: both sit above it.

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
Zimbabwe1%Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Zimbabwe · as of 2025-01-01
Difference−1 ppZimbabwe higher

Zimbabwe's capital gains tax rate is 1pp higher than Türkiye's (1% vs 0%). The 175-country average is 10.3%: both sit below it. Türkiye's figure is dated 2026-03-27 and Zimbabwe's 2025-01-01, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Türkiye0%Source: PWC Worldwide Tax Summaries — Türkiye (Individual, Other taxes) · as of 2026-03-27
Zimbabwe0%Source: ZIMRA (Zimbabwe Revenue Authority) · as of 2026-07-18
Difference0 ppdisplayed rates match

Türkiye's wealth tax rate is identical to Zimbabwe's — both sit at 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Crypto Tax.