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Turkey vs Belgium
Tax Rate Comparison

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

๐Ÿ‡น๐Ÿ‡ท Turkey
vs
๐Ÿ‡ง๐Ÿ‡ช Belgium
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
15โ€“40%
Brackets indexed to PPI; real rates declining with inflation
No change
25โ€“45%
Arizona reform reducing top rate; lower brackets widened
โ–ผ -5.0pp vs 2025
VAT / GST / Sales Tax
VAT / GST / Sales Tax
1โ€“20%
VAT structure maintained; potential rationalization
No change
6โ€“21%
Some reduced rates restructured under reform
No change
Corporate Tax Rate
Corporate Tax Rate
25%
25% stable; capital markets development incentives
No change
25%
25% maintained; IP box regime continues
No change
Capital Gains Tax
Capital Gains Tax
0โ€“40%
Inflation-adjusted gains; listed shares remain exempt
No change
10โ€“33%
New flat 10% CGT on financial assets in reform
No change
Social Security & Payroll
Social Security / Payroll
~37.5%
SGK contribution structure maintained; frequent minimum wage hikes
No change
~46%
Reform targets reducing employer contributions over time
โ–ผ -2.0pp vs 2025
State, Regional & Local Taxes

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.

๐Ÿ‡ง๐Ÿ‡ช Belgium โ€” Regional & Municipal Income Taxes

Belgium's 3 regions (Flanders, Wallonia, Brussels) and 589 municipalities each add centimes additionnelles (additional centimes) to federal income tax. Municipal rates range from 0% to 9.5% of federal income tax, averaging ~7%. Flanders, Wallonia, and Brussels have differing property tax (prรฉcompte immobilier) rates and housing policy incentives. The withholding tax on investment income (prรฉcompte mobilier) is federal at 30%. Belgium has no inheritance tax at federal level โ€” it's regional.

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.

Turkey vs Belgium: Key Tax Differences (2026)

๐Ÿ’ฐ Income Tax: ๐Ÿ‡ง๐Ÿ‡ช Belgium has a higher top income tax rate (15โ€“40% vs 25โ€“45%). ๐Ÿ‡น๐Ÿ‡ท Turkey is more favourable for high earners.

๐Ÿ›’ VAT/Sales Tax: Belgium has a higher consumption tax (1โ€“20% vs 6โ€“21%).

๐Ÿข Corporate Tax: Corporate rates are similar in both countries (25% vs 25%).

๐Ÿ“ˆ Capital Gains: ๐Ÿ‡ง๐Ÿ‡ช Belgium taxes investment gains at a lower rate (33% vs 40%), benefiting investors.

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