Turkmenistan vs Zambia
Tax Rate Comparison
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๐ฐ Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country โ side by side.
๐น๐ฒ Turkmenistan โ 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.
๐ฟ๐ฒ Zambia โ Council & Local Authority Taxes
Zambia's 10 provinces and 117 district councils levy property rates, business levies, and market fees. The Zambia Revenue Authority (ZRA) administers all national taxes. Zambia is a major copper producer โ copper revenues and royalties are key fiscal inputs. The country completed an IMF-backed debt restructuring in 2023 after defaulting in 2020. Mineral royalty taxes are significant: copper 5.5% (open cast) to 8.5% (underground). The government has been diversifying the tax base away from mining dependence.
Turkmenistan vs Zambia: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ฟ๐ฒ Zambia has a higher top income tax rate (10% vs 0โ37.5%). ๐น๐ฒ Turkmenistan is more favourable for high earners.
๐ VAT/Sales Tax: Zambia has a higher consumption tax (15% vs 16%).
๐ข Corporate Tax: ๐น๐ฒ Turkmenistan offers a lower corporate rate (20% vs 30%), which can influence business location decisions.
๐ Capital Gains: ๐น๐ฒ Turkmenistan taxes investment gains at a lower rate (10% vs 15%), benefiting investors.