LU · EuropeTM · Asia
Luxembourg vs Turkmenistan: tax rates compared
Luxembourg's corporate tax rate is 15.9pp higher than Turkmenistan's (23.9% vs 8%). The 201-country average is 22.6%: Luxembourg sits above it, Turkmenistan sits below it.
Verified data covers one of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | LU | TM | Difference |
|---|---|---|---|
| Corporate Tax | 23.9% | 8% | LU +15.9 pp |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Luxembourg | 23.9% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Turkmenistan | 8% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +15.9 pp | Luxembourg higher |
Not covered for both countries yet: Income Tax, VAT, Capital Gains Tax, Crypto Tax, Wealth Tax.