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Turkmenistan vs Greece
Tax Rate Comparison

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

🇹🇲 Turkmenistan
vs
🇬🇷 Greece
Tax Year:

💰 Personal Income Tax Calculator

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Individual Income Tax (Top Marginal Rate)

Top Income Tax Rate
10%
10% flat; gas revenues fund state expenditure
No change
0–44%
Further relief measures proposed for middle income
No change

VAT / GST / Sales Tax

VAT / GST / Sales Tax
15%
15% maintained
No change
6–24%
24% standard; no change
No change

Corporate Tax Rate

Corporate Tax Rate
8–20%
8%/20%; China gas pipeline dominant
No change
22%
22%; debate on further reduction to attract investment
No change

Capital Gains Tax

Capital Gains Tax
10%
10% nominal
No change
15%
15% maintained; real estate market booming
No change

Social Security & Payroll

Social Security / Payroll
~35%
State-funded social system; gas wealth subsidizes pensions
No change
~39%
Pension system under ongoing reform
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.

🇬🇷 GreeceMunicipal & Regional Taxes

Greece's 13 regions (perifereies) and 325 municipalities (dimoi) do not set income tax independently. However, municipalities levy ENFIA supplements (property tax top-ups) and local business fees. The ENFIA (Single Property Tax) is nationally set but has municipal supplement components. EETA (special property levy) applies to certain properties. Greece's tax system has been substantially reformed since the 2010 bailout, with major improvements to compliance and electronic filing requirements.

⚠️ 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 Greece: Key Tax Differences (2026)

💰 Income Tax: 🇬🇷 Greece has a higher top income tax rate (10% vs 0–44%). 🇹🇲 Turkmenistan is more favourable for high earners.

🛒 VAT/Sales Tax: Greece has a higher consumption tax (15% vs 6–24%).

🏢 Corporate Tax: 🇹🇲 Turkmenistan offers a lower corporate rate (20% vs 22%), which can influence business location decisions.

📈 Capital Gains: 🇹🇲 Turkmenistan taxes investment gains at a lower rate (10% vs 15%), benefiting investors.

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