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

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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 Turkey United Kingdom HISTORY
Profits and capital gains > % of revenue 35.49%
Ranked 17th.
37.37%
Ranked 8th. 5% more than Turkey

Profits and capital gains > % of total taxes 42.24%
Ranked 30th.
50.64%
Ranked 11th. 20% more than Turkey

Profits and capital gains > Current LCU 56.79 billion
Ranked 44th.
207.43 billion
Ranked 24th. 4 times more than Turkey

Profits and capital gains including income tax > % of revenue 26.34%
Ranked 34th.
37.07%
Ranked 15th. 41% more than Turkey

Profits and capital gains including income tax > % of total taxes 32.14%
Ranked 47th.
50.32%
Ranked 16th. 57% more than Turkey

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

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