Top 10 Countries With The Lowest Income Tax Rate


5. Bolivia

The flat income tax rate of 13% in Bolivia can be misleading due to other forms of taxation. Luxury items, like cars, alcohol and perfume have taxation ranging from 18% to 50%. There is also a VAT tax set at 13%.


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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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