Income Tax Tariffs Applicable on Remunerations and Income Other than Remunerations Acquired in 2021 were determined

30.12.2020
% 0

Through the Income Tax General Communiqué Serial No.3 13 (Communiqué), published in the Official Gazette dated 29th December 2020 and No. 31349 (repetitive), income tax tariffs applicable on remunerations and income other than remunerations acquired in 2021 are determined.

As per to the provisions of the Communiqué, income tax tariffs to be applied for income other than remunerations and remunerations obtained in 2021 were determined as follows.

1) Income Tax Tariff Applicable on Remunerations

Income

Tax Rate

Up to TRY 24.000

15 %

TRY 3.600 for TRY 24.000 of TRY 53.000, more

20 %

TRY 9.400 for TRY 53.000 of TRY 190.000, more

27 %

TRY 46.390 for TRY 190.000 of TRY 650.000, more

35 %

For the TRY 650.000 of over TRY 650.000, TRY 207.390, more

40 %

2) Income Tax Tariff Applicable on Income Other than Remunerations

Income

Tax Rate 

Up to TRY 24.000

15 %

TRY 3.600 for TRY 24.000 of TRY 53.000, more

20 %

TRY 9.400 for TRY 53.000 of TRY 130.000, more

27 %

TRY 30.190 for TRY 130.000 of TRY 650.000, more

35 %

For the TRY 650.000 of over TRY 650.000, TRY 212.190, more

40 %

You may find the full text of the Communiqué here.

All rights of this article are reserved. This article may not be used, reproduced, copied, published, distributed, or otherwise disseminated without quotation or Erdem & Erdem Law Firm's written consent. Any content created without citing the resource or Erdem & Erdem Law Firm’s written consent is regularly tracked, and legal action will be taken in case of violation.

Other Contents

For creative legal solutions, please contact us.