Eleven insurance companies have appeared on the list of the top 100 taxpayers in Turkey, paying a total of TRY23.5bn ($569m) in taxes for 2024, according to data released by the Revenue Administration.
Turkiye Sigorta ranked first among the 11 insurance entities, ranking 19th out of 100 with a tax assessment of TRY3.9bn.
The other 10 insurance companies are Allianz Sigorta, Turkiye Hayat ve Emeklilik, Anadolu Sigorta, Garanti Emeklilik ve Hayat, AXA Sigorta, Anadolu Hayat Emeklilik, Allianz Yasam ve Emeklilik, Turk Reasurans, Agesa Hayat ve Emeklilik and Ankara Sigorta.
The Revenue Administration said that 1.17m taxpayers across Turkiye filed corporate tax returns for the 2024 taxation period. They paid corporate taxes totalling TRY990.5bn.
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|
Company
|
Ranking among top 100
|
2024 Tax (TRY bn)
|
|
Turkiye Sigorta
|
19
|
3.90
|
|
Allianz Sigorta
|
22
|
3.63
|
|
Turkiye Hayat ve Emeklilik
|
26
|
3.35
|
|
Anadolu Sigorta
|
28
|
2.95
|
|
Garanti Pension and Life
|
45
|
1.92
|
|
AXA Sigorta
|
49
|
1.78
|
|
Anadolu Hayat Emeklilik
|
61
|
1.41
|
|
Allianz Hayat Emeklilik
|
64
|
1.34
|
|
Turk Reassurans
|
78
|
1.16
|
|
Agesa Hayat Emeklilik
|
84
|
1.10
|
|
Ankara Turk Sigorta
|
99
|
0.92
|
|
Total of the 11 insurance entities
|
23.46
|
|
Total of the top 100 corporate taxpayers
|
990.52
|