WorldTax Compareโ† All Comparisons

Iraq vs Turkmenistan
Tax Rate Comparison

Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.

๐Ÿ‡ฎ๐Ÿ‡ถ Iraq
vs
๐Ÿ‡น๐Ÿ‡ฒ Turkmenistan
Tax Year:

๐Ÿ’ฐ Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country โ€” side by side.

Enter your annual income above to see your personal tax comparison โ†’
Individual Income Tax (Top Marginal Rate)
Top Income Tax Rate
3โ€“15%
15% top; non-oil revenue diversification priority
No change
10%
10% flat; gas revenues fund state expenditure
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
0%
VAT introduction possible; IMF recommendations
No change
15%
15% maintained
No change
Corporate Tax Rate
Corporate Tax Rate
15%
15%; diversification investment incentives
No change
8โ€“20%
8%/20%; China gas pipeline dominant
No change
Capital Gains Tax
Capital Gains Tax
15%
15% nominal
No change
10%
10% nominal
No change
Social Security & Payroll
Social Security / Payroll
~25%
SSIF reform; pension adequacy improving
No change
~35%
State-funded social system; gas wealth subsidizes pensions
No change
State, Regional & Local Taxes

๐Ÿ‡ฎ๐Ÿ‡ถ Iraq โ€” Governorate Taxes

Iraq's 18 governorates (muhafazat) have limited independent taxing powers under the federal system. The Kurdish Region of Iraq (KRI โ€” Erbil, Sulaymaniyah, Dohuk) has its own tax administration and revenue share arrangement with Baghdad. The Federal Board of Supreme Audit and Tax Commission administer national taxes. Oil revenues dominate the Iraqi budget (~90% of government revenue), meaning formal taxation plays a smaller role than in most countries. Reconstruction and diversification remain key challenges.

๐Ÿ‡น๐Ÿ‡ฒ Turkmenistan โ€” Velayat & Etrap Administrations

Turkmenistan's 5 velayats (provinces) and Ashgabat city have highly centralized administration under an authoritarian state. Turkmenistan has among the world's largest natural gas reserves, exporting most to China. The economy is heavily state-controlled with limited private sector. Citizens historically received free gas, electricity, water, and subsidized food (subsidies now being reformed). International transparency is very limited, making reliable tax data difficult to obtain from this closed state.

โš ๏ธ Disclaimer: Rates shown are standard top/headline rates for informational purposes. Actual tax liability depends on income level, residency, deductions, and tax treaties. 2025โ€“2026 data reflects announced or enacted rates and may be subject to change. Not financial or legal advice.

Iraq vs Turkmenistan: Key Tax Differences (2026)

๐Ÿ’ฐ Income Tax: ๐Ÿ‡ฎ๐Ÿ‡ถ Iraq has a higher top income tax rate (3โ€“15% vs 10%). ๐Ÿ‡น๐Ÿ‡ฒ Turkmenistan is more favourable for high earners.

๐Ÿ›’ VAT/Sales Tax: Turkmenistan has a higher consumption tax (0% vs 15%).

๐Ÿข Corporate Tax: ๐Ÿ‡ฎ๐Ÿ‡ถ Iraq offers a lower corporate rate (15% vs 20%), which can influence business location decisions.

๐Ÿ“ˆ Capital Gains: ๐Ÿ‡น๐Ÿ‡ฒ Turkmenistan taxes investment gains at a lower rate (10% vs 15%), benefiting investors.

Related Comparisons

๐Ÿ‡ฎ๐Ÿ‡ถ Iraq vs ๐Ÿ‡จ๐Ÿ‡ณ ChinaTax comparison๐Ÿ‡ฎ๐Ÿ‡ถ Iraq vs ๐Ÿ‡บ๐Ÿ‡ธ United StatesTax comparison๐Ÿ‡ฎ๐Ÿ‡ถ Iraq vs ๐Ÿ‡ซ๐Ÿ‡ท FranceTax comparison๐Ÿ‡ฎ๐Ÿ‡ถ Iraq vs ๐Ÿ‡ฉ๐Ÿ‡ช GermanyTax comparison๐Ÿ‡ฎ๐Ÿ‡ถ Iraq vs ๐Ÿ‡ฎ๐Ÿ‡ณ IndiaTax comparison๐Ÿ‡ฎ๐Ÿ‡ถ Iraq vs ๐Ÿ‡ฏ๐Ÿ‡ต JapanTax comparison๐Ÿ‡ฎ๐Ÿ‡ถ Iraq vs ๐Ÿ‡ฌ๐Ÿ‡ง United KingdomTax comparison๐Ÿ‡ฎ๐Ÿ‡ถ Iraq vs ๐Ÿ‡ฆ๐Ÿ‡บ AustraliaTax comparison๐Ÿ‡ฎ๐Ÿ‡ถ Iraq vs ๐Ÿ‡ง๐Ÿ‡ท BrazilTax comparison๐Ÿ‡ฎ๐Ÿ‡ถ Iraq vs ๐Ÿ‡จ๐Ÿ‡ฆ CanadaTax comparison๐Ÿ‡ฎ๐Ÿ‡ถ Iraq vs ๐Ÿ‡ฎ๐Ÿ‡น ItalyTax comparison๐Ÿ‡ฎ๐Ÿ‡ถ Iraq vs ๐Ÿ‡ณ๐Ÿ‡ฑ NetherlandsTax comparison