Turkmenistan vs Slovakia
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
💰 Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country — side by side.
Individual Income Tax (Top Marginal Rate)
VAT / GST / Sales Tax
Corporate Tax Rate
Capital Gains Tax
Social Security & Payroll
🇹🇲 Turkmenistan — 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.
🇸🇰 Slovakia — Municipal Property & Business Taxes
Slovakia's 79 districts and 2,927 municipalities have limited taxing powers. Municipalities set property tax (daň z nehnuteľností) within nationally defined limits and may apply local coefficients. Commercial property tax in Bratislava is higher than rural areas. Vehicle tax is set regionally. A local fee for municipal waste applies. Slovakia uses a progressive income tax system since abandoning its flat 19% rate in 2013. The 15% CIT rate for SMEs is one of the EU's most competitive.
Turkmenistan vs Slovakia: Key Tax Differences (2026)
💰 Income Tax: 🇸🇰 Slovakia has a higher top income tax rate (10% vs 19–25%). 🇹🇲 Turkmenistan is more favourable for high earners.
🛒 VAT/Sales Tax: Slovakia has a higher consumption tax (15% vs 5–20%).
🏢 Corporate Tax: 🇹🇲 Turkmenistan offers a lower corporate rate (20% vs 21%), which can influence business location decisions.
📈 Capital Gains: 🇹🇲 Turkmenistan taxes investment gains at a lower rate (10% vs 25%), benefiting investors.