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Turkey vs Greece Tax Comparison
Side-by-side comparison of tax rates and systems
Tax Rate Comparison
Rate Comparison
Top Income Tax
Turkey40%Lower
Greece44%
Corporate Tax
Turkey25%
Greece22%Lower
Capital Gains
Turkey40%
Greece15%Lower
VAT / Sales Tax
Turkey20%Lower
Greece24%
| Category | Turkey | Greece |
|---|---|---|
| Tax System | Progressive | Progressive |
| Top Income Tax | 40% | 44% |
| Corporate Tax | 25% | 22% |
| Capital Gains | 40% | 15% |
| VAT / Sales Tax | 20% | 24% |
| Crypto Tax | No | Yes |
| Wealth Tax | No | No |
| Tax Treaties | 87 | 57 |
| Currency | TRY | EUR |
The bottom line: Turkey vs Greece
Turkey and Greece are evenly matched on the four headline taxes, each coming out lower on two of them — so the better choice depends on your specific income mix. Turkey runs a progressive tax system, while Greece uses a progressive one. On crypto, Turkey is the more favourable — it does not tax cryptocurrency gains. Turkey has the wider tax-treaty network (87 agreements), which can reduce withholding tax on cross-border income.
- Income tax: Turkey is lower (40% vs 44%)
- Corporate tax: Greece is lower (25% vs 22%)
- Capital gains tax: Greece is lower (40% vs 15%)
- VAT / sales tax: Turkey is lower (20% vs 24%)