Top 10 Countries With The Lowest Income Tax Rate

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7. Romania

Romania holds an income tax rate of 16%. Their corporate tax rate is also 16%. This is a significant decrease from 1995 when the corporate tax rate was at 38%. However, the social security rate for companies is 23.45% and 16.5% for working individuals.


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6 thoughts on “Top 10 Countries With The Lowest Income Tax Rate”

  1. I have to say a lot of the Arab countries are tax free also , economic trade zones around the world like malaysia are tax free after paying the first $2000 USD

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