Iraq or Turkmenistan: which taxes less?

Both tax systems side by side, headline rates and the gap between them.

Level pegging: Iraq and Turkmenistan weigh about the same on the taxpayer.

Iraq

7.6/10

27th of 217

Tax Iraq Turkmenistan Gap
Corporate income tax headline rate 15% 8% +7.0 points
Personal income tax top bracket 3% to 15% 10% +5.0 points
VAT standard rate 3% 15% −12.0 points

Detailed schedules

Corporate income tax

Iraq

n/a

Turkmenistan

Resident private companies 8%
Entities over 50% state-owned 20%
Oil and gas 20%
See the Iraq page See the Turkmenistan page