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All Tax Countries

90 countries

C

Cape Verde

Progressive TaxCorporate TaxVAT

Cape Verde's Tax System Overview

Cape Verde has a progressive income tax system with moderate corporate tax rates and VAT. The country offers several tax incentives to attract foreign investment.

INCOME

11%–27.5%

 

CORP

25%

 

VAT

15%

 

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Progressive personal income tax rates

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Competitive corporate tax rate

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Standard VAT rate of 15%

B

Belize

Territorial TaxFlat RateNo Capital Gains Tax

Belize's Territorial Tax System

Belize operates a territorial tax system where only income sourced within the country is taxed. The system includes a flat income tax rate and a general sales tax.

INCOME

25%

 

CORP

25%

 

VAT

12.5%

 

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Only Belize-sourced income is taxed

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No capital gains tax

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Flat income tax rate

T

Trinidad and Tobago

Progressive TaxNo Capital Gains TaxCompetitive Corporate Tax

Trinidad and Tobago's Tax System

Trinidad and Tobago has a progressive income tax system with no capital gains tax. The corporate tax rate is competitive, and VAT is applied at a standard rate.

INCOME

25%–30%

 

CORP

30%

 

VAT

12.5%

 

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No tax on capital gains

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Progressive income tax rates

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Competitive corporate tax rate

L

Latvia

Flat TaxCorporate TaxVAT

Latvia's Competitive Tax System

Latvia features a flat personal income tax rate with special incentives for businesses. The corporate tax rate is competitive, and VAT is standard across the EU.

INCOME

20%

 

CORP

20%

 

VAT

21%

 

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Flat personal income tax rate

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Competitive corporate tax rate

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Standard VAT rate in line with EU

S

Slovenia

Progressive TaxCorporate TaxVAT

Slovenia's Progressive Tax System

Slovenia has a progressive income tax system with rates ranging from 16% to 50%. The corporate tax rate is set at 19%, and the standard VAT rate is 22%. Special incentives are available for certain business activities.

INCOME

16%–50%

 

CORP

19%

 

VAT

22%

 

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Progressive personal income tax rates

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Competitive corporate tax rate

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Standard VAT rate of 22%

J

Jamaica

Progressive TaxCorporate TaxVAT

Jamaica's Tax System Overview

Jamaica has a progressive income tax system with a standard corporate tax rate and VAT. The country offers various incentives for foreign investors and businesses.

INCOME

25%–30%

 

CORP

25%

 

VAT

15%

 

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Progressive income tax rates

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Standard VAT rate of 15%

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Incentives for foreign investors

B

Bahrain

Zero Income TaxVAT SystemCorporate Tax

Bahrain's Tax-Free Personal Income Regime

Bahrain offers a tax-free environment for personal income, with no taxes on salaries or wages. The country does levy a VAT on goods and services and has a corporate tax for oil companies.

INCOME

0%

 

CORP

46%

 

VAT

10%

 

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No personal income tax

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10% VAT on goods and services

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Corporate tax applies only to oil companies

P

Palestine

Progressive TaxCorporate TaxVAT

Palestine's Tax System Overview

Palestine has a progressive income tax system with rates ranging from 5% to 20%. The corporate tax rate is set at 15%, and the VAT rate is 16%.

INCOME

5%–20%

 

CORP

15%

 

VAT

16%

 

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Progressive income tax rates

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Standard corporate tax rate

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VAT applicable on goods and services

E

Estonia

Flat TaxCorporate TaxVAT

Estonia's Flat Tax System

Estonia operates a flat tax system with a single personal income tax rate and a corporate tax system that taxes distributed profits. The VAT rate is standard across most goods and services.

INCOME

20%

 

CORP

20%

 

VAT

20%

 

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Flat 20% personal income tax rate

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Corporate tax on distributed profits

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No capital gains tax for individuals

M

Macau

Territorial TaxLow Corporate TaxNo VAT

Macau's Territorial Tax System

Macau operates a territorial tax system, taxing only income sourced within the region. The system features low corporate tax rates and no VAT, making it attractive for businesses.

INCOME

0%–12%

 

CORP

12%

 

VAT

0%

 

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No tax on foreign income

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Flat corporate tax rate

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No VAT or sales tax

S

Sweden

Progressive TaxHigh Income TaxVAT

Sweden's Progressive Tax System

Sweden has a progressive tax system with high rates on personal income and a standard VAT rate. The system is designed to support a comprehensive welfare state.

INCOME

0%–57%

 

CORP

20.6%

 

VAT

25%

 

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High personal income tax rates

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Corporate tax rate of 20.6%

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Standard VAT rate of 25%

B

Belgium

Progressive TaxCorporate TaxVAT

Belgium's Progressive Tax System

Belgium has a progressive income tax system with high rates for top earners. The corporate tax rate is competitive, and VAT is applied at a standard rate.

INCOME

25%–50%

 

CORP

25%

 

VAT

21%

 

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High personal income tax rates

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Competitive corporate tax rate

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Standard VAT rate of 21%