PY · Americas ↔ TM · Asia

Paraguay vs Turkmenistan: tax rates compared

Paraguay's corporate tax rate is 2pp higher than Turkmenistan's (10% vs 8%). The 201-country average is 22.6%: both sit 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.

Corporate Tax

0102030405060World avg 22.6%PY 10%TM 8%
Corporate Tax, side by side
CountryRateSource
Paraguay10%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Turkmenistan8%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+2 ppParaguay higher

Not covered for both countries yet: Income Tax, VAT, Capital Gains Tax, Crypto Tax, Wealth Tax.