Lithuania vs Turkmenistan
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
๐ฐ Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country โ side by side.
๐ฑ๐น Lithuania โ Municipal Income Tax Supplement
Lithuania's 60 municipalities levy a local supplement on income tax โ 68% of PIT revenue goes to municipalities, creating strong local fiscal capacity. Property tax (nekilnojamojo turto mokestis) is set at 0.5%โ3% by municipalities on commercial property and at 0.5%โ2% on residential property above โฌ150K value. Vehicle registration tax is national. Lithuania switched to a progressive income tax in 2019, having previously had a flat 15% rate.
๐น๐ฒ 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.
Lithuania vs Turkmenistan: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ฑ๐น Lithuania has a higher top income tax rate (20โ32% vs 10%). ๐น๐ฒ Turkmenistan is more favourable for high earners.
๐ VAT/Sales Tax: Lithuania has a higher consumption tax (9โ21% vs 15%).
๐ข Corporate Tax: ๐ฑ๐น Lithuania offers a lower corporate rate (15% vs 20%), which can influence business location decisions.
๐ Capital Gains: ๐น๐ฒ Turkmenistan taxes investment gains at a lower rate (10% vs 20%), benefiting investors.