Namibia or Turkey: which taxes less?

Both tax systems side by side, headline rates and the gap between them.

Level pegging: Namibia and Turkey weigh about the same on the taxpayer.

Tax Namibia Turkey Gap
Corporate income tax headline rate 31% 25% +6.0 points
Personal income tax top bracket 0% to 37% 15% to 40% −3.0 points
VAT standard rate 15% 20% −5.0 points

Detailed schedules

Corporate income tax

Namibia

n/a

Turkey

General rate 25%
Financial sector Banks, insurance, finance companies 30%
See the Namibia page See the Turkey page