Turkey's Revenue Administration has announced the publication of General Communiqué No. 310 in the Official Gazette on 30 December 2019, which includes updated individual income tax brackets based on a revaluation rate. For employment income, the tax brackets and rates are as follows:
- up to TRY 22,000 - 15%
- over TRY 22,000 up to 49,000 - 20%
- over TRY 49,000 up to 180,000 - 27%
- over TRY 180,000 up to 600,000 - 35%
- over TRY 600,000 - 40%
For other non-employment income, the number of bracke…