WorldTax CompareAll Comparisons

Turkmenistan vs Taiwan
Tax Rate Comparison

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

🇹🇲 Turkmenistan
vs
🇹🇼 Taiwan
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
5–40%
Stable system; cross-strait tax issues remain complex
No change

VAT / GST / Sales Tax

VAT / GST / Sales Tax
15%
15% maintained
No change
5%
5% maintained; one of world's lowest VAT rates
No change

Corporate Tax Rate

Corporate Tax Rate
8–20%
8%/20%; China gas pipeline dominant
No change
20%
20% maintained; Pillar Two compliance
No change

Capital Gains Tax

Capital Gains Tax
10%
10% nominal
No change
0%
No CGT on securities; land value tax on property
No change

Social Security & Payroll

Social Security / Payroll
~35%
State-funded social system; gas wealth subsidizes pensions
No change
~31%
NHI funding adequacy review; labor insurance adjustments
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.

🇹🇼 TaiwanMunicipal & County Tax Levies

Taiwan's 6 special municipalities (including Taipei, New Taipei, Kaohsiung), 3 cities, and 13 counties each levy local taxes including land value tax (1%–5.5% of announced land value), house tax (1.5%–3.6% on residential; 3%–5% commercial), and vehicle license tax. Land Value Increment Tax (LVIT) on land price gains is a major revenue source. The National Taxation Bureau administers national income and business taxes.

⚠️ 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 Taiwan: Key Tax Differences (2026)

💰 Income Tax: 🇹🇼 Taiwan has a higher top income tax rate (10% vs 5–40%). 🇹🇲 Turkmenistan is more favourable for high earners.

🛒 VAT/Sales Tax: Turkmenistan has a higher consumption tax (15% vs 5%).

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

📈 Capital Gains: 🇹🇼 Taiwan taxes investment gains at a lower rate (0% vs 10%), 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 🇹🇼 Taiwan comparisons →