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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.

At a glance

0102030405060Corporate8%10%
one shared tax, side by side
Tax PY TMDifference
Corporate Tax10%8%PY +2 pp

Corporate Tax

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.