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Bulgaria vs Turkey
Tax Rate Comparison

Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.

๐Ÿ‡ง๐Ÿ‡ฌ Bulgaria
vs
๐Ÿ‡น๐Ÿ‡ท Turkey
Tax Year:

๐Ÿ’ฐ Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country โ€” side by side.

Enter your annual income above to see your personal tax comparison โ†’
Individual Income Tax (Top Marginal Rate)
Top Income Tax Rate
10%
10% flat; EU lowest; reform pressure growing with deficits
No change
15โ€“40%
Brackets indexed to PPI; real rates declining with inflation
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
9โ€“20%
Standard 20%; 9% for hospitality
No change
1โ€“20%
VAT structure maintained; potential rationalization
No change
Corporate Tax Rate
Corporate Tax Rate
10%
10% maintained; Pillar Two compliance active
No change
25%
25% stable; capital markets development incentives
No change
Capital Gains Tax
Capital Gains Tax
10%
10% flat
No change
0โ€“40%
Inflation-adjusted gains; listed shares remain exempt
No change
Social Security & Payroll
Social Security / Payroll
~32.7%
Pension system under significant pressure
No change
~37.5%
SGK contribution structure maintained; frequent minimum wage hikes
No change
State, Regional & Local Taxes

๐Ÿ‡ง๐Ÿ‡ฌ Bulgaria โ€” Municipal Taxes

Bulgaria's 265 municipalities set local tax rates within nationally defined bands. Property tax (danuk varhu nedvizhimi imoti) is levied at 0.01%โ€“0.45% of the property's tax value (set by municipalities). Vehicle tax and patent tax for micro-enterprises are also locally determined. Sofia Municipality applies higher property tax coefficients than rural areas. Bulgaria has the EU's lowest flat income and corporate tax rates at 10%, making it a competitive jurisdiction for businesses.

๐Ÿ‡น๐Ÿ‡ท Turkey โ€” Municipal & Special Provincial Taxes

Turkey's 81 provinces and 1,389 municipalities levy Real Estate Tax (Emlak Vergisi) at 0.1%โ€“0.6% of assessed value (doubled in metro areas). Municipalities levy Environmental Cleansing Tax (รงevre temizlik vergisi) and Advertisement Tax. The Communication Tax and BSMV (banking and insurance transactions tax) are national. Municipalities receive shares of central tax revenues. High inflation has significantly eroded real tax burden but required frequent bracket adjustments.

โš ๏ธ Disclaimer: Rates shown are standard top/headline rates for informational purposes. Actual tax liability depends on income level, residency, deductions, and tax treaties. 2025โ€“2026 data reflects announced or enacted rates and may be subject to change. Not financial or legal advice.

Bulgaria vs Turkey: Key Tax Differences (2026)

๐Ÿ’ฐ Income Tax: ๐Ÿ‡น๐Ÿ‡ท Turkey has a higher top income tax rate (10% vs 15โ€“40%). ๐Ÿ‡ง๐Ÿ‡ฌ Bulgaria is more favourable for high earners.

๐Ÿ›’ VAT/Sales Tax: Both countries have comparable consumption tax rates (9โ€“20% vs 1โ€“20%).

๐Ÿข Corporate Tax: ๐Ÿ‡ง๐Ÿ‡ฌ Bulgaria offers a lower corporate rate (10% vs 25%), which can influence business location decisions.

๐Ÿ“ˆ Capital Gains: ๐Ÿ‡ง๐Ÿ‡ฌ Bulgaria taxes investment gains at a lower rate (10% vs 40%), benefiting investors.

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