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Turkmenistan vs Belarus
Tax Rate Comparison

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

๐Ÿ‡น๐Ÿ‡ฒ Turkmenistan
vs
๐Ÿ‡ง๐Ÿ‡พ Belarus
Tax Year:

๐Ÿ’ฐ Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country โ€” side by side.

Enter your annual income above to see your personal tax comparison โ†’
Individual Income Tax (Top Marginal Rate)
Top Income Tax Rate
10%
10% flat; gas revenues fund state expenditure
No change
13%
Flat 13%; EU sanctions continuing to impact
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
15%
15% maintained
No change
20%
20% standard
No change
Corporate Tax Rate
Corporate Tax Rate
8โ€“20%
8%/20%; China gas pipeline dominant
No change
20%
20%; IT park incentives continued
No change
Capital Gains Tax
Capital Gains Tax
10%
10% nominal
No change
13%
13% as income
No change
Social Security & Payroll
Social Security / Payroll
~35%
State-funded social system; gas wealth subsidizes pensions
No change
~40%
FSZN; comprehensive state social system
No change
State, Regional & Local Taxes

๐Ÿ‡น๐Ÿ‡ฒ 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.

๐Ÿ‡ง๐Ÿ‡พ Belarus โ€” Regional & Local Taxes

Belarus's 6 oblasts and Minsk city have limited independent taxing powers. Local councils set rates for land tax and real estate tax within national parameters. The Ministry of Taxes and Duties administers all national taxes. Belarus operates a largely state-directed economy with close ties to Russia. Under Alexander Lukashenko's government, the tax system has remained relatively simple โ€” flat income tax and corporate rates. Significant economic pressure from Western sanctions following 2020 election crisis.

โš ๏ธ Disclaimer: Rates shown are standard top/headline rates for informational purposes. Actual tax liability depends on income level, residency, deductions, and tax treaties. 2025โ€“2026 data reflects announced or enacted rates and may be subject to change. Not financial or legal advice.

Turkmenistan vs Belarus: Key Tax Differences (2026)

๐Ÿ’ฐ Income Tax: ๐Ÿ‡ง๐Ÿ‡พ Belarus has a higher top income tax rate (10% vs 13%). ๐Ÿ‡น๐Ÿ‡ฒ Turkmenistan is more favourable for high earners.

๐Ÿ›’ VAT/Sales Tax: Belarus has a higher consumption tax (15% vs 20%).

๐Ÿข Corporate Tax: Corporate rates are similar in both countries (8โ€“20% vs 20%).

๐Ÿ“ˆ Capital Gains: ๐Ÿ‡น๐Ÿ‡ฒ Turkmenistan taxes investment gains at a lower rate (10% vs 13%), benefiting investors.

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