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Bank Corporate Income Tax (Local Currency) in Turkey

Source: IMF
Last Updated: July 24, 2023

Bank corporate income tax reached TRY 3,322 mil in first quarter of 2021 in Turkey, according to the National Central Bank. This is 27.1% less than in the previous quarter.

Historically, bank corporate income tax in Turkey reached an all time high of TRY 4,792 mil in 2Q2020 and an all time low of TRY -188 mil in 4Q2008.

Turkey has been ranked 18th within the group of 49 countries we follow in terms of bank corporate income tax.

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