The Texation Calculator

Selling an asset in Türkiye? Estimating capital gains tax

Published · 2 min read

How to estimate capital gains tax on shares, property or other assets sold in Türkiye: gain, costs, rate and net proceeds.

Key facts

PlaceTürkiye
TaxVAT
Standard rate on file20%
Multiply net price by1.2
Tax share of a gross price16.67%
CurrencyTRY

Working out the gain

The taxable gain is usually the sale price minus the purchase price and allowable costs, such as broker fees, legal fees or improvement costs. If the result is negative, you have a loss, which may be offset against other gains depending on the rules in Türkiye.

Worked example

Here is the calculation with sample figures. Change any number in the Türkiye Capital Gains Tax Calculator to run your own.

Worked example: Türkiye Capital Gains Tax Calculator
Purchase priceTRY10,000.00
Sale priceTRY15,000.00
Costs and feesTRY200.00
Tax rate (%)20%
Taxable gainTRY4,800.00
TaxTRY960.00
Net amountTRY13,840.00

Rates, allowances and holding periods

Many countries tax gains at a different rate from salary, offer an annual tax-free allowance, or reduce the rate for assets held longer. Some exempt a main home. Because these rules differ so widely, the calculator uses an editable rate that you can set from current guidance in Türkiye.

Keep the paperwork

Keep purchase contracts, statements and receipts for costs. Without them, proving your cost basis can be difficult years later.

Quick reference at 20%

Common amounts in Türkiye, worked both ways: adding tax to a net price, and extracting it from a price that already includes tax.

AmountTax on net amountGross (net + tax)Net if amount includes tax
TRY10.00TRY2.00TRY12.00TRY8.33
TRY50.00TRY10.00TRY60.00TRY41.67
TRY100.00TRY20.00TRY120.00TRY83.33
TRY250.00TRY50.00TRY300.00TRY208.33
TRY500.00TRY100.00TRY600.00TRY416.67
TRY1,000.00TRY200.00TRY1,200.00TRY833.33
TRY5,000.00TRY1,000.00TRY6,000.00TRY4,166.67

How Türkiye compares

Standard rates on file for other countries. A difference of a few points matters most on high-value purchases and on cross-border sales.

PlaceRate on fileCompared with 20%
Thailand7%lower
Trinidad & Tobago12.5%lower
Tunisia19%lower
Uganda18%lower
Ukraine20%same
United Arab Emirates5%lower

Using the calculator step by step

  1. Open the Türkiye Capital Gains Tax Calculator.
  2. Type your figures into the numbered lines. Results update as you type.
  3. Check the rate field. It starts at 20%; change it if a reduced rate, local surcharge or exemption applies to you.
  4. Read the result on the receipt panel, and use the formula shown under it if you need to explain the figure to a client or colleague.

Key terms

Taxable income
Income left after allowances and deductions, on which the tax rates are applied.
Zero rate
A rate of 0% on a taxable supply. Unlike an exemption, the seller can usually still reclaim tax on costs.
Tax credit
An amount subtracted directly from the tax bill, worth its full face value.
Standard rate
The rate that applies to most goods and services unless a specific reduced rate, zero rate or exemption applies.
Effective rate
Total tax divided by total income, the average rate you actually pay.

Common mistakes to avoid

Run your own numbers. The Türkiye Capital Gains Tax Calculator updates as you type and shows the formula it uses.

Frequently asked questions

How is a capital gain calculated?

Sale price minus purchase price minus allowable costs.

What rate applies to capital gains in Türkiye?

It depends on the asset, your income and how long you held it. Set the rate in the calculator from current guidance in Türkiye.

This article is general information for planning, not tax advice. Rates and rules change; confirm with your tax authority or a qualified adviser.

Calculators for this topic

Related reading