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Saint Vincent and the Grenadines vs Turkmenistan: tax rates compared

Saint Vincent and the Grenadines's corporate tax rate is 20pp higher than Turkmenistan's (28% vs 8%). The 201-country average is 22.6%: Saint Vincent and the Grenadines 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.

Corporate Tax

0102030405060World avg 22.6%VC 28%TM 8%
Corporate Tax, side by side
CountryRateSource
Saint Vincent and the Grenadines28%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+20 ppSaint Vincent and the Grenadines higher

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