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Turkmenistan vs Romania
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‡ท๐Ÿ‡ด Romania
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; potential graduated system under IMF/EU pressure
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
15%
15% maintained
No change
5โ€“19%
19% standard; possible increase for fiscal consolidation
No change
Corporate Tax Rate
Corporate Tax Rate
8โ€“20%
8%/20%; China gas pipeline dominant
No change
16%
16% maintained; micro regime tightening
No change
Capital Gains Tax
Capital Gains Tax
10%
10% nominal
No change
10%
10% flat; potential reform
No change
Social Security & Payroll
Social Security / Payroll
~35%
State-funded social system; gas wealth subsidizes pensions
No change
~37.25%
Contribution reform pending; pension system deficit
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‡ท๐Ÿ‡ด Romania โ€” Local & County Taxes

Romania's 41 counties (judeลฃe) and Bucharest municipality do not set income tax โ€” this is nationally set. Municipalities levy local taxes including property tax (impozit pe clฤƒdiri, impozit pe teren) and vehicle tax (impozit pe mijloace de transport). Bucharest has higher property tax coefficients than rural areas. A micro-enterprise tax regime (1% or 3% on turnover) applies to small companies instead of standard CIT. Romania has had the EU's lowest flat income tax rate at 10%.

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 Romania: Key Tax Differences (2026)

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

๐Ÿ›’ VAT/Sales Tax: Romania has a higher consumption tax (15% vs 5โ€“19%).

๐Ÿข Corporate Tax: ๐Ÿ‡ท๐Ÿ‡ด Romania offers a lower corporate rate (16% vs 20%), which can influence business location decisions.

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