WorldTax Compareโ† All Comparisons

Turkmenistan vs Bulgaria
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‡ฌ Bulgaria
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
10%
10% flat; EU lowest; reform pressure growing with deficits
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
15%
15% maintained
No change
9โ€“20%
Standard 20%; 9% for hospitality
No change
Corporate Tax Rate
Corporate Tax Rate
8โ€“20%
8%/20%; China gas pipeline dominant
No change
10%
10% maintained; Pillar Two compliance active
No change
Capital Gains Tax
Capital Gains Tax
10%
10% nominal
No change
10%
10% flat
No change
Social Security & Payroll
Social Security / Payroll
~35%
State-funded social system; gas wealth subsidizes pensions
No change
~32.7%
Pension system under significant pressure
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‡ฌ Bulgaria โ€” Municipal Taxes

Bulgaria's 265 municipalities set local tax rates within nationally defined bands. Property tax (danuk varhu nedvizhimi imoti) is levied at 0.01%โ€“0.45% of the property's tax value (set by municipalities). Vehicle tax and patent tax for micro-enterprises are also locally determined. Sofia Municipality applies higher property tax coefficients than rural areas. Bulgaria has the EU's lowest flat income and corporate tax rates at 10%, making it a competitive jurisdiction for businesses.

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 Bulgaria: Key Tax Differences (2026)

๐Ÿ’ฐ Income Tax: Turkmenistan and Bulgaria have similar top income tax rates (10% vs 10%).

๐Ÿ›’ VAT/Sales Tax: Bulgaria has a higher consumption tax (15% vs 9โ€“20%).

๐Ÿข Corporate Tax: ๐Ÿ‡ง๐Ÿ‡ฌ Bulgaria offers a lower corporate rate (10% vs 20%), which can influence business location decisions.

Related Comparisons

๐Ÿ‡น๐Ÿ‡ฒ Turkmenistan vs ๐Ÿ‡ฆ๐Ÿ‡ฉ AndorraTax comparison๐Ÿ‡น๐Ÿ‡ฒ Turkmenistan vs ๐Ÿ‡ฒ๐Ÿ‡จ MonacoTax comparison๐Ÿ‡น๐Ÿ‡ฒ Turkmenistan vs ๐Ÿ‡ฑ๐Ÿ‡ฎ LiechtensteinTax comparison๐Ÿ‡น๐Ÿ‡ฒ Turkmenistan vs ๐Ÿ‡ธ๐Ÿ‡ฒ San MarinoTax comparison๐Ÿ‡น๐Ÿ‡ฒ Turkmenistan vs ๐Ÿ‡ง๐Ÿ‡ง BarbadosTax comparison๐Ÿ‡น๐Ÿ‡ฒ Turkmenistan vs ๐Ÿ‡น๐Ÿ‡น Trinidad and TobagoTax comparison๐Ÿ‡น๐Ÿ‡ฒ Turkmenistan vs ๐Ÿ‡ง๐Ÿ‡ธ BahamasTax comparison๐Ÿ‡น๐Ÿ‡ฒ Turkmenistan vs ๐Ÿ‡ง๐Ÿ‡ฟ BelizeTax comparison๐Ÿ‡น๐Ÿ‡ฒ Turkmenistan vs ๐Ÿ‡ณ๐Ÿ‡ฎ NicaraguaTax comparison๐Ÿ‡น๐Ÿ‡ฒ Turkmenistan vs ๐Ÿ‡ฌ๐Ÿ‡พ GuyanaTax comparison๐Ÿ‡น๐Ÿ‡ฒ Turkmenistan vs ๐Ÿ‡ธ๐Ÿ‡ท SurinameTax comparison๐Ÿ‡น๐Ÿ‡ฒ Turkmenistan vs ๐Ÿ‡ซ๐Ÿ‡ฏ FijiTax comparison