Individual income tax rates and laws change frequently in many countries. It may be necessary for individuals and/or companies to keep track of the most current information regarding tax rates and laws if they are considering relocation or for any other reason. This paper attempts to provide the answer to the research question: Who pays the most and the least in individual income taxes throughout the world today? The study finds that there are high tax-paying countries such as Austria, Belgium, Denmark, Finland, Japan, Slovenia, Sweden, and Zimbabwe, which have a top marginal tax rate of 50% or higher. In contrast, Anguilla, Bahamas, Bahrain, Bermuda, Cayman Islands, Kuwait, Oman, Qatar, Saudi Arabia, and United Arab Emirates have no income tax.
|Number of pages
|World Journal of Social Sciences
|Published - 1 Mar 2017
- Global Individual Income Tax
- Global Individual Income Tax Rates
- Individual Income Tax