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Turkey vs Malta Tax Comparison
Side-by-side comparison of tax rates and systems
Tax Rate Comparison
Rate Comparison
Top Income Tax
Turkey40%
Malta35%Lower
Corporate Tax
Turkey25%Lower
Malta35%
Capital Gains
Turkey40%
Malta35%Lower
VAT / Sales Tax
Turkey20%
Malta18%Lower
| Category | Turkey | Malta |
|---|---|---|
| Tax System | Progressive | Progressive |
| Top Income Tax | 40% | 35% |
| Corporate Tax | 25% | 35% |
| Capital Gains | 40% | 35% |
| VAT / Sales Tax | 20% | 18% |
| Crypto Tax | No | Yes |
| Wealth Tax | No | No |
| Tax Treaties | 87 | 76 |
| Currency | TRY | EUR |
The bottom line: Turkey vs Malta
Malta has the lower headline rate on 3 of the four main taxes (income, corporate, capital gains and VAT), making it the lighter-taxed of the two on paper. Turkey runs a progressive tax system, while Malta 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: Malta is lower (40% vs 35%)
- Corporate tax: Turkey is lower (25% vs 35%)
- Capital gains tax: Malta is lower (40% vs 35%)
- VAT / sales tax: Malta is lower (20% vs 18%)