TM · Asia ↔ VE · Americas

Turkmenistan vs Venezuela: tax rates compared

Venezuela has a corporate tax rate of 34%, 26pp above Turkmenistan's 8%. The 201-country average is 22.6%: Turkmenistan sits below it, Venezuela sits above 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%TM 8%VE 34%
Corporate Tax, side by side
CountryRateSource
Turkmenistan8%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Venezuela34%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−26 ppVenezuela higher

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