KR · AsiaTM · Asia
South Korea vs Turkmenistan: tax rates compared
South Korea's corporate tax rate is 18.4pp higher than Turkmenistan's (26.4% vs 8%). The 201-country average is 22.6%: South Korea 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 | KR | TM | Difference |
|---|---|---|---|
| Corporate Tax | 26.4% | 8% | KR +18.4 pp |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| South Korea | 26.4% | 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 | +18.4 pp | South Korea higher |
Not covered for both countries yet: Income Tax, VAT, Capital Gains Tax, Crypto Tax, Wealth Tax.