Merhaba! I am Shun Yoshida from Tokyo Consulting Firm Turkey Office.
I hope you all are safe and stay healthy.
I shared some key points about “Project-based Business Development in Turkey” for the past two weeks. This week I would like to deliver the information regarding “Salary Income Tax”.
In Turkey, salary income taxes are imposed both on residents and non-residents. As a difference between those, whilst residents are taxed on their worldwide income, non-residents are taxed on earnings arising from Turkish-source only. Salary income tax will be levied on one’s taxable income at progressive rates after several deductions and additions of allowances.
As mentioned, residents’ salary income tax will be calculated based on their worldwide income. Therefore, those who have another salary income in other countries such as foreign expatriates need to exchange the amount into TRY and declare the amount to the Turkish tax authority within the declaration period.
Here is the salary income tax bracket for the year of 2021.
Here is an example of basic income tax calculation for your reference.
Declaration and payment due for salary income tax return for fiscal year of 2020 is by the end of next month (March 31st). It is possible for us to support your salary income tax declaration process. Please let us know should you have any questions!
That is all for this week.
We are offering free meeting regarding establishment and business development in Turkey. Furthermore, it is possible for us to provide employee training and personnel evaluation system as solutions to develop the in-company productivity and activate the employee’s performances.
If you have any question other than the above topic, please do not hesitate to contact us.
Thank you very much for your time to read until the end.
～▶YouTuberになりました！～
弊社YouTubeチャンネル『久野康成の毎日が有給休暇!!』を開設いたしました！
「久野康成の毎日が有給休暇!!」では、代表の久野が作った365の金言を
『久野語録』として日めくりカレンダーにまとめ、内容を毎日解説していきます。
チャンネル名にある通り、「毎日が有給休暇」になるような生き方のツボとコツを発信しておりますので
ぜひ一度ご覧頂ければと思います！
また、代表の久野が執筆した
『国際ビジネス・海外赴任で成功するための賢者からの三つの教え 今始まる、あなたのヒーロー』
の解説を、執筆者自らが行っている「賢者からの3つの教え」シリーズもぜひご覧ください！
東京コンサルティングファーム・トルコ拠点
吉田瞬
※）記載しました内容は、作成時点で得られる情報を基に、細心の注意を払って作成しておりますが、その内容の正確性及び安全性を保障するものではありません。当該情報に基づいて被ったいかなる損害についても情報提供者及び弊社（株式会社東京コンサルティングファーム並びにTokyo Consulting Firm Private Limited, Tokyo Consulting Firm Human Resources Private Limited）は、一切の責任を負うことはありませんので、ご了承ください。
