I have read the tax booklet at
http://www.gib.gov.tr/fileadmin/beyannamerehberi/56_dar_mukellef_ing.pdf but I can't make sense of it. It says the tax rates are;
Up to the amount of 7.500 YTL %15
1.125 YTL for 7.500 YTL of 19.000 YTL, over %20
I thought this just meant the first 7,500 is taxed at 15% and anything from 7,500 - 19,000 is taxed at 20%. When I looked at the worked examples further down the leaflet I they don't seem to match. (I don't undersand where the "1.125" comes in)
I also don't really get what you can include for expenses if you don't just go for the flat 25% expenses deduction. My interpretaion seemd too good to be true !
Can anybody explain it to this dunce ?
