Top 10 Countries With The Lowest Income Tax Rate


9. Singapore

Singapore operates on a sliding income scale in determining its individual income tax. Any income above S$320,000 is figured at 22% while any income below S$22,000 has a tax rate of 0%. Singapore does not have an inheritance tax or a capital gain tax. The corporate tax income rate is 17%.


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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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