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   Blog    10 Countries with No Income Taxes

10 Countries with No Income Taxes

Australia is a high taxing country and has a corporate tax rate of 27.5% or 30%, and marginal tax rates for individuals as high as 47%. In contrast, the 10 countries listed below have no income taxes:

  1. Bermuda
  2. United Arab Emirates
  3. Bahrain
  4. Monaco
  5. Qatar
  6. Saudi Arabia
  7. Kuwait
  8. Cayman Islands
  9. The Bahamas
  10. Andorra
Posted in tax accounting
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