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Turkmenistan vs Papua New Guinea
Tax Rate Comparison

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

🇹🇲 Turkmenistan
vs
🇵🇬 Papua New Guinea
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
22–42%
42% top; resource boom affecting distribution
No change

VAT / GST / Sales Tax

VAT / GST / Sales Tax
15%
15% maintained
No change
10%
GST 10% maintained
No change

Corporate Tax Rate

Corporate Tax Rate
8–20%
8%/20%; China gas pipeline dominant
No change
30%
30%; new LNG projects fiscal terms negotiation
No change

Capital Gains Tax

Capital Gains Tax
10%
10% nominal
No change
17%
17% non-residents
No change

Social Security & Payroll

Social Security / Payroll
~35%
State-funded social system; gas wealth subsidizes pensions
No change
~12.5%
Superannuation fund growth; coverage limited to formal
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.

🇵🇬 Papua New GuineaProvincial & Local Government Taxes

Papua New Guinea's 22 provinces and the National Capital District levy their own provincial income taxes on certain income types, business licence fees, and sundry local charges. The Internal Revenue Commission (IRC) administers national taxes. PNG's economy is dominated by extractive industries (LNG, gold, copper) under fiscal resource contracts. The LNG sector has transformed government revenues. Significant informal economy and subsistence agriculture outside the formal tax base. A GST at 10% applies broadly.

⚠️ 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 Papua New Guinea: Key Tax Differences (2026)

💰 Income Tax: 🇵🇬 Papua New Guinea has a higher top income tax rate (10% vs 22–42%). 🇹🇲 Turkmenistan is more favourable for high earners.

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

🏢 Corporate Tax: 🇹🇲 Turkmenistan offers a lower corporate rate (20% vs 30%), which can influence business location decisions.

📈 Capital Gains: 🇹🇲 Turkmenistan taxes investment gains at a lower rate (10% vs 17%), benefiting investors.

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