Top 10 Best Countries for Taxes - watsupptoday.com
Top 10 Best Countries for Taxes
Posted 13 Apr 2019 03:05 PM

Agencies

Every year, millions of people around the world file their taxes – the slice of their incomes and profits that goes to local and national governments to pay for a variety of services. As the level and rules of taxation differ from one nation to another, workers and business leaders often prefer those countries that offer better tax legislation that ensures higher take-home pay.

Being considered a favorable tax environment is one of five attributes used to develop the Open for business sub ranking in the 2019 best countries report.The survey is based on a study that surveyed more than 20,000 global citizens from four regions to assess perceptions of 80 countries on 75 different metrics.

The following are the top 10 countries viewed as the most favorable tax environments:

1. Panama
Favorable Tax Environment: 1
Best Countries Overall Rank: 52

2.Luxembourg
Favorable Tax Environment: 2
Best Countries Overall Rank: 19

3.Switzerland
Favorable Tax Environment: 3
Best Countries Overall Rank: 1

4.Qatar
Favorable Tax Environment: 4
Best Countries Overall Rank: 31

5.United Arab Emirates
Favorable Tax Environment: 5
Best Countries Overall Rank: 23

6.Dominican Republic
Favorable Tax Environment: 6
Best Countries Overall Rank: 49

7.Singapore
Favorable Tax Environment: 7
Best Countries Overall Rank: 15

8.Costa Rica
Favorable Tax Environment: 8
Best Countries Overall Rank: 44

9.Thailand
Favorable Tax Environment: 9
Best Countries Overall Rank: 26

10.Ireland
Favorable Tax Environment: 10
Best Countries Overall Rank: 21

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