Deepworld | Know about the world

On our blog Deepworld.blogspot.com you will get to know about different countries. You came to know new facts here which are interesting and educational.

Countries where no tax is levied


Friends, there are some countries in this world where there is no tax.If it seems then that too rarely. So let's know about some such countries today.

10. Oman : It is an Arab country where there is no tax. Here the government takes a very small portion of income for  public safety and charity. Here only 6 per cent of income has to be paid.

Nizwa city - Oman

 9. United Arab Emirates : There is no tax in this Arab country. Only foreign gas and oil companies may have to pay 55 to 85 per cent tax here. Apart from these, luxury hotels and big companies as well as those selling alcohol have to pay tax up to 60 per cent. Common citizens do not have to pay tax here.
Dubai Downtown - UAE

8. Qatar : It is a very rich Arab country. Here citizens do not have to pay any tax at all. Only the owners of the companies have to pay tax up to 10 per cent.
Westbay of Doha - Qatar

7. Bahamas : The Bahamas known officially as the Commonwealth of The Bahamas, is a country within the Lucayan Archipelago, in the West Indies. Here citizens only pay some tax to the National Insurance Board. In return, the government provides them with good benefits.
Nassau - Bahamas

6. Cayman Islands : The Cayman Islands are an autonomous British Overseas Territory in the western Caribbean Sea. There is no income tax here. The government here levies tax only on import duties and work permits.
Grand Cayman - Cayman Islands

5. Bermuda : Bermuda is a British Overseas Territory in the North Atlantic Ocean. There is no tax on citizens. The government of this country imposes taxes on tourists , Businessmen and their employees.
Hamilton - Bermuda

4. Saudi Arabia : It is a Middle East country. There is also no income tax on citizens. The government imposes a tax of up to 50 per cent on petroleum companies here. Apart from this, the government imposes high tax on big businessmen.
Riyadh - Saudi Arabia

3. Kuwait : Kuwait is a Middle East country where no income tax imposes on citizens. The government here imposes a tax of up to 10 per cent on foreign companies.
Kuwait City

2. Monaco : Monaco, officially the Principality of Monaco, is a sovereign city-state, country, and micro state on the French Riviera in Western Europe. Tourists are a good source of income here. After 1870 there is no income tax here for citizens. The person who does business outside the country has to pay tax up to 25%.
Monte Carlo - Monaco

1. Bahrain : It is an island country in the Persian Gulf. Employment here pays only 1% tax for unemployed human funds. The soldiers do not have to pay any tax here. People here also lead a very modern life.
Manama City - Bahrain

Thanks for visiting...

Countries where no tax is levied Countries where no tax is levied Reviewed by Deepworld on October 04, 2019 Rating: 5

No comments:

Origin of Life

Do you ever think how life begun on our planet ‘Earth’. Today, We tell you about the origin of life on earth which came into existence ab...

Powered by Blogger.