October Offers (Apartments & Stores, Ownership & Investment, Sea view ‎& Citizenship, ‎Govt-Guarantee) with special discounts

Wage Tax in Turkey

Turkey's wage tax (STOPP) is called the deduction tax from the source, a certain amount (about 20%) is deducted from the salaries and wages earned by employees and workers as income tax...

Wage Tax in Turkey
5,781
2017-02-07 Last update 2020-10-01

Wage Tax in Turkey

Turkey's wage tax (STOPP) is called the deduction tax from the source, a certain amount (about 20%) is deducted from the salaries and wages earned by employees and workers as income tax, The tax shall be deducted before the income reaches the taker, and the tax shall be paid by a third party other than the parties charged with payment, For example, owners of factories or companies owners and dealers all must pay the tax of their workers and employees. Public sector institutions also pay their employees' salaries, this is done by deducting the tax from the wages of workers and employees and paying them to the relevant tax services. The purpose of the emergence and spread of this type of tax is to prevent tax evasion and Not to confuse tax departments with the large number of clients, and to ease the burden of tax officials, as well as to reduce the psychological impact that may appear on the taxpayers to cut this tax from their salaries as soon as they reach their hands.

The wage tax (Stoppage) is deducted from salaries and wages during the period up to the evening of the 23rd of the following month, they are paid with a brief statement to the relevant tax department. According to the Income Tax Law, the public and private institutions that have the responsibility to pay the wage tax to the concerned tax departments on behalf of their employees are: Public institutions, public economic institutions, various institutions and departments, various commercial companies, associations and endowments and economic institutions affiliated with them, heads of trade, professions and self-employed who are obliged to show their real profits, farmers and farmers who earn profits through budgets or agricultural projects.

Edited by: Imtilak Real Estate ©

More from Imtilak
Ways to obtain Turkish citizenship for Syrians 2020

How can the Syrians obtain Turkish citizenship, and what are the citizenship stages for the Syrians in Turkey? Updated i...

2020-04-14
28,613
Turkish Citizenship and Turkish Passport 2020 - Conditions, Advantages, and how to obtain

What are the advantages of Turkish citizenship 2020? What are its conditions and procedures? How to obtain a Turkish pas...

2020-02-28
30,005
What Is the Current Value in Turkey?

You must have heard one day of the current value of the property, especially if you are a property owner or you are in r...

2019-08-19
5,256
Privacy Policy

We use cookies to offer you the best possible user experience, learn more about how to use them