WorldTax CompareAll Comparisons

Turkmenistan vs Finland
Tax Rate Comparison

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

🇹🇲 Turkmenistan
vs
🇫🇮 Finland
Tax Year:

💰 Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country — side by side.

Enter your annual income above to see your personal tax comparison →

Individual Income Tax (Top Marginal Rate)

Top Income Tax Rate
10%
10% flat; gas revenues fund state expenditure
No change
~44–51.4%
Consolidation budget; high rates maintained
No change

VAT / GST / Sales Tax

VAT / GST / Sales Tax
15%
15% maintained
No change
10–25.5%
25.5% standard (raised 2024) maintained
No change

Corporate Tax Rate

Corporate Tax Rate
8–20%
8%/20%; China gas pipeline dominant
No change
20%
20% stable; R&D deduction enhanced
No change

Capital Gains Tax

Capital Gains Tax
10%
10% nominal
No change
30–34%
CGT rates unchanged
No change

Social Security & Payroll

Social Security / Payroll
~35%
State-funded social system; gas wealth subsidizes pensions
No change
~36%
Austerity measures affecting some social contributions
No change
State, Regional & Local Taxes

🇹🇲 TurkmenistanVelayat & 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.

🇫🇮 FinlandMunicipal Income Tax

Finland's 309 municipalities set their own income tax rates (municipal tax) ranging from ~16.5% to ~22.5%, averaging ~20%. This is added to the national progressive income tax. The church tax of 1%–2.2% applies to members. No regional income tax. The 'solidarity tax' on high earners (2%) applies nationally. Municipalities also levy real estate tax on property owners. The welfare state is heavily funded by these high combined tax rates.

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

Turkmenistan vs Finland: Key Tax Differences (2026)

💰 Income Tax: 🇫🇮 Finland has a higher top income tax rate (10% vs ~44–51.4%). 🇹🇲 Turkmenistan is more favourable for high earners.

🛒 VAT/Sales Tax: Finland has a higher consumption tax (15% vs 10–25.5%).

🏢 Corporate Tax: Corporate rates are similar in both countries (8–20% vs 20%).

📈 Capital Gains: 🇹🇲 Turkmenistan taxes investment gains at a lower rate (10% vs 34%), benefiting investors.

Related Comparisons

🇹🇲 Turkmenistan vs 🇦🇩 AndorraTax comparison🇹🇲 Turkmenistan vs 🇲🇨 MonacoTax comparison🇹🇲 Turkmenistan vs 🇱🇮 LiechtensteinTax comparison🇹🇲 Turkmenistan vs 🇸🇲 San MarinoTax comparison🇹🇲 Turkmenistan vs 🇧🇧 BarbadosTax comparison🇹🇲 Turkmenistan vs 🇹🇹 Trinidad and TobagoTax comparison🇹🇲 Turkmenistan vs 🇧🇸 BahamasTax comparison🇹🇲 Turkmenistan vs 🇧🇿 BelizeTax comparison🇹🇲 Turkmenistan vs 🇳🇮 NicaraguaTax comparison🇹🇲 Turkmenistan vs 🇬🇾 GuyanaTax comparison🇹🇲 Turkmenistan vs 🇸🇷 SurinameTax comparison🇹🇲 Turkmenistan vs 🇫🇯 FijiTax comparison
All 🇹🇲 Turkmenistan comparisons →All 🇫🇮 Finland comparisons →