The Commerce Journal,Business and Local Businesses
*The Commerce Journal>>>Other Taxes

What countries in the world don`t you pay income tax.?


What countries in the world don`t you pay income tax.?

From what I found:
Andorra
Anguilla
Bahamas
Bahrain
Bermuda
Brunei
British Virgin Islands
Burundi
Cayman Islands
Kuwait
Monaco
Oman
Qatar
Saudi Arabia
St. Kitts and Nevis
Somalia
United Arab Emirates
Vanuatu

i think you pay income tax everywhere dont you?

The Bahamas and Bermuda are two that I know of.

Jersey, Guernsey, Monaco, various Carribean islands, just off the top of my head. If you really want to research this visit then HM Revenue and Customs website. There should be a list there of low-tax countries (needed because certain tax breaks are not permitted if the transaction involves someone based in one of those countries). That will give you a start.

Saudi. I have a friend who went to live in Dubai and paid off all her debts just from what she saved from being paid gross income.

Gateshead near Newcastle cos everyones on the social and workin on the fiddle!!!!!!!

Some of the Middle East countries, eg Saudi, UAE, do not have a tax system in place. However, some people are under the misconception that if they go and work in one of these countries for some time for a UK employer, they will be tax free. This is not always the case. You have to meet the non residence conditions for UK tax in the booklet IR20.

Tags
  Boston   Austin   Atlanta   Other - Business & Finance   Other Taxes   United States Taxes   United Kingdom Taxes   Spain Taxes   Singapore Taxes   Mexico Taxes   Ireland Taxes
Related information
  • Determine itemized deductions including losses?

    IRS Pub 547 ...

  • I live in California. What are my tax liabilities on a used car that I won as a prize in another state?

    Federal and CA State income taxes on the declared value of the car, plus CA use taxes and fees when you register it. If the state where you won it levies an income tax you'll probably owe...

  • 30% tax Netherlands example?

    Hm, don't understand your question either. I can say that if you earn 55000 EUR a year, 52% will go to the IRS (if your income is between 31.122 and 53.064 it will be 42%). This is the case w...

  • If you have your taxes done by H and R Block who is responsible if they make a mistake?

    To add to the previous answers if you bought the "Peace of Mind" coverage that was offered when you did your taxes then the insurance will pay up to $5000 of additional tax. H & R Blo...

  • What is the difference between Fiscal Deficit and Revenue Deficit with regard to budgetting?

    Time-line

    ...
  • How do you feel about the taxes that are being added?

    No matter what he does, he can't win.

    ...
  • What to do if my accountant has gone missing ?

    I can't tell if this is a USA question and will presume it is. What kind of accountant? CPA--required to be registered with the state. Enrolled Agent--licensed by Treasury Dept, often a m...

  • How do indians file their taxes? Do they use Software or Accountant?

    hanji, indians just pay what is due yarr. they dont mess with fancy computers.

    ...
  •  

    Commerce Categories--Copyright/IP Policy--Contact Webmaster