Turkey central bank was top taxpayer in 2018

Turkey’s central bank was the top corporate taxpayer last year, with total payments of 10.6 billion liras ($1.86 billion), according to figures published by the Treasury and Finance Ministry.

The second-highest taxpayer was the state-run Ziraat Bank, with 2.44 billion liras, followed by listed lender Garanti Bank, which paid 1.58 billion liras, the ministry said on its website on Wednesday.

Five of the top 10 taxpayers were banks, the figures showed. The non-financial company that paid the most tax was energy firm Turkiye Petrolleri, which handed over 1.27 billion liras.  

Forty-nine of Turkey’s top 100 taxpayers were based in Istanbul, with 14 in Ankara and three in the western coastal city of Izmir. Twenty-seven entities in the top 100 withheld their names.