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Economy > Tax > Taxes on income Stats: compare key data on Armenia & Turkey

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Definitions

  • Profits and capital gains > % of revenue: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.
  • Profits and capital gains > % of total taxes: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.
  • Profits and capital gains > Current LCU: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation."
  • Profits and capital gains including income tax > % of revenue: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation."
  • Profits and capital gains including income tax > % of total taxes: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation."
STAT Armenia Turkey HISTORY
Profits and capital gains > % of revenue 16.33%
Ranked 38th.
35.49%
Ranked 17th. 2 times more than Armenia

Profits and capital gains > % of total taxes 22.76%
Ranked 48th.
42.24%
Ranked 30th. 86% more than Armenia

Profits and capital gains > Current LCU 139.96 billion
Ranked 30th. 2 times more than Turkey
56.79 billion
Ranked 44th.

Profits and capital gains including income tax > % of revenue 16.84%
Ranked 63th.
26.34%
Ranked 34th. 56% more than Armenia

Profits and capital gains including income tax > % of total taxes 22.64%
Ranked 66th.
32.14%
Ranked 47th. 42% more than Armenia

SOURCES: World Development Indicators database; International Monetary Fund, Government Finance Statistics Yearbook and data files.

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