Top 10 Countries with 0% income tax | NO Tax
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These are some of the best countries with zero income tax. Citizens across the world are burdened with high income taxes, however there are some countries where people are not charged any tax on their income. Instead of income taxes these countries have alternative sources of revenue to fund their governments. Taking advantage and living in a no-income-tax country is not as easy as packing a suitcase and buying a plane ticket. In most instances, the process is lengthy and expensive. Some countries will purposefully keep the barrier of entry high to only attract top investment.
For most countries, income taxes account for more than 75% of government revenues. This holds for around half of the total countries in the world. The sum of money generated from the income taxes is thereby used for funding the public services and paying government obligations. For such countries, it is extremely hard to operate by making it a tax-free country.
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