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Turkmenistan vs Thailand
Tax Rate Comparison

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

🇹🇲 Turkmenistan
vs
🇹🇭 Thailand
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
0–35%
Stable structure; digital economy workers taxed
No change

VAT / GST / Sales Tax

VAT / GST / Sales Tax
15%
15% maintained
No change
7%
7% maintained; discussion to restore 10% continues
No change

Corporate Tax Rate

Corporate Tax Rate
8–20%
8%/20%; China gas pipeline dominant
No change
20%
20% stable; Pillar Two compliance for qualifying groups
No change

Capital Gains Tax

Capital Gains Tax
10%
10% nominal
No change
0–35%
Listed shares remain exempt; property gains at income rates
No change

Social Security & Payroll

Social Security / Payroll
~35%
State-funded social system; gas wealth subsidizes pensions
No change
10%
SSF reforms ongoing; coverage expansion
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.

🇹🇭 ThailandMunicipal & Local Organization Taxes

Thailand's 77 provinces contain various Local Administrative Organizations (LAOs) — municipalities, sub-district organizations (TAO), and special areas (Bangkok, Pattaya). LAOs levy Local Development Tax (LDT) on land at low rates (0.01%–0.5% of assessed value). The Land and Building Tax (LBT) implemented in 2020 applies at 0.01%–3% based on use type. Bangkok has the highest real estate values. The Revenue Department administers national taxes centrally.

⚠️ 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 Thailand: Key Tax Differences (2026)

💰 Income Tax: 🇹🇭 Thailand has a higher top income tax rate (10% vs 0–35%). 🇹🇲 Turkmenistan is more favourable for high earners.

🛒 VAT/Sales Tax: Turkmenistan has a higher consumption tax (15% vs 7%).

🏢 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 35%), benefiting investors.

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