Tax Free Country: People have to pay tax in all countries including India, America and Britain. However, on the contrary, there are many countries which do not have to pay a single rupee tax.
There are 11 such countries in the world, which do not have to pay a single rupee tax and the entire income of the people comes into their account.
The first name comes from The Bahamas, where citizens do not have to pay a single rupee tax. Although the government imposes charges like VAT and Stamp. It is a famous city in terms of tourism.
In the Central American country of Panama, citizens do not have to pay any tax. There is a big chain of beaches and casinos here. Here no tax has to be paid even on capital gains.
UAE is a country where crude oil is traded and its economic condition rests on this. Here citizens do not have to pay tax. At the same time, Brunei keeps a large reserve of crude oil. This is an Islamic country and the citizens here do not have to pay taxes.
Due to oil and gas reserves in Kuwait and Oman, both these countries earn well, due to which the citizens here do not have to pay tax. At the same time, due to oil reserves in Qatar, no income tax is charged.
Tax is not to be paid even in Maldives and Monaco. Maldives is a beautiful tourist destination. In the smallest island nation Nauru, citizens do not have to pay any tax.
In the African country Somalia also there is no tax system because of the worsening situation. For this reason, tax is not to be paid here.
