Baykar executives top taxpayers list again
Selçuk Bayraktar (L) poses with students during a Teknofest event.
Top executives from Turkish defense contractor Baykar and veteran industrialist Mustafa Rahmi Koç emerged as Türkiye’s highest individual taxpayers for the 2025 tax year, official revenue data showed on Aug. 13.
According to figures released by Türkiye’s Revenue Administration following an evaluation of 2025 income and corporate tax declarations, Baykar Chairman Selçuk Bayraktar claimed the top position on the nationwide individual taxpayer list, declaring 2.99 billion Turkish liras ($62.6 million) in income tax.
He was followed in second place by his brother, Baykar Chief Executive Officer Haluk Bayraktar, who declared 2.50 billion liras ($52.4 million). Together, the two defense executives generated a combined individual income tax liability of 5.49 billion liras ($115 million).
