Income Tax Rates Applied to 2020 Income
a.For Wage Income
Income Brackets Tax Rates
Up to 22.000 TL 0.15
3.300 TL for the first 22.000 TL of 49.000 TL, and the rest 0.2
8.700 TL for the first 49.000 TL of 120.000 TL, and the rest 0.27
27.870 TL for the first 120.000 TL amounts over 600.000 TL 0.35
195.870 TL for first 600.000 TL amounts over 600.000 TL 0.4
b.Income Other than Wages
Income Brackets Tax Rates
Up to 22.000 TL 0.15
3.300 TL for the first 22.000 TL of 49.000 TL, and the rest 0.2
8.700 TL for the first 49.000 TL of 180.000 TL, and the rest 0.27
44.070 TL for the first 180.000 TL amounts over 600.000 TL 0.35
191.070 TL for first 600.000 TL amounts over 600.000 TL 0.4