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Turkmenistan vs Ghana
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‡ฌ๐Ÿ‡ญ Ghana
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
0โ€“35%
35% top; post-debt restructuring fiscal consolidation
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
15%
15% maintained
No change
15%
15% VAT + levies; structure under review
No change
Corporate Tax Rate
Corporate Tax Rate
8โ€“20%
8%/20%; China gas pipeline dominant
No change
25%
25% standard; Pillar Two discussions
No change
Capital Gains Tax
Capital Gains Tax
10%
10% nominal
No change
25%
25% maintained
No change
Social Security & Payroll
Social Security / Payroll
~35%
State-funded social system; gas wealth subsidizes pensions
No change
~28%
SSNIT reform for long-term sustainability
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‡ฌ๐Ÿ‡ญ Ghana โ€” District Assembly Taxes

Ghana's 261 district assemblies levy property rates, basic rates (on adults), entertainment tax, and business operating levies. The Ghana Revenue Authority (GRA) administers national taxes. A key local levy is the Development Levy. Accra Metropolitan Assembly and Kumasi Metropolitan Assembly have the highest property rates. Ghana has faced significant fiscal challenges including a 2023 IMF bailout. An e-levy (1.5% on electronic transfers) was introduced in 2022, controversially, and later modified.

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 Ghana: Key Tax Differences (2026)

๐Ÿ’ฐ Income Tax: ๐Ÿ‡ฌ๐Ÿ‡ญ Ghana has a higher top income tax rate (10% vs 0โ€“35%). ๐Ÿ‡น๐Ÿ‡ฒ Turkmenistan is more favourable for high earners.

๐Ÿ›’ VAT/Sales Tax: Both countries have comparable consumption tax rates (15% vs 15%).

๐Ÿข Corporate Tax: ๐Ÿ‡น๐Ÿ‡ฒ Turkmenistan offers a lower corporate rate (20% vs 25%), which can influence business location decisions.

๐Ÿ“ˆ Capital Gains: ๐Ÿ‡น๐Ÿ‡ฒ Turkmenistan taxes investment gains at a lower rate (10% vs 25%), benefiting investors.

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