Tax Rate For Wages and Salaries in 2021 Tax bases and tax rates for wages and salaries stated in Article 103 of the PITL
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Tax Rate For Wages and Salaries in 2021 Tax bases and tax rates for wages and salaries stated in Article 103 of the PITL
Tax Rate for other than wages and salaries in 2021 Tax bases and tax rates for other than wages and salaries stated in Article 103 of the PITL are as follows: Up to 24,000 TRY 15% 3.600 TRY for 24,000 TRY of 53.000 TRY, for more 20% . 9.400 TRY for 53.000 TRY of 130.000 TRY, for more . 30.190 TRY for 130.000 TRY of 650,000 TRY, for more 212.190 TRY for 650,000 TRY of more than 650,000 TRY, for more 40% 27% 35%
6. Mrs. E obtained dividends of a gross amount of 175.000 € from a full taxpayer joint stock company (XYZ) in 2021. The obtained dividend has been subject to 15% tax stoppage made within the corporation, and so the stoppage amount is 262.500 TRY. On the date of collection and expenditure, buying rate for Euro announced by The Central Bank of Republic of Turkey is assumed as 10 TRY. Mr. A has also a flat in İstanbul. The rental income on flat was 120.000 TRY in 2021. She chooses lump-sum expense method for his rental income. Use the income tax schedule for 2021 from the slides. Required: Calculate Mrs. E's personal income tax liability for 2021. (15 Points)