Social Sciences, asked by hasinin19pgi6010022, 4 months ago

the country with no income tax is____​

Answers

Answered by poojasourabh5640
1

Answer:

hain?????

no tax

.....

???

economy kya hoigi uss country ki??

Answered by Skyllen
4

These are some countries with no income tax: the Bahamas, Monaco, UAE and Hong Kong.

Explanation:-

  • Bahamas is a very popular worldwide tourist place. Income tax is not levied here, but import duty, national insurance and property tax are still existence there.

  • In Monaco, there is no income tax or property tax here. It is considered as the home of many expatriates. And so that many millionaires around the world are settled here.

  • Hong Kong is one of the those contries in which no income tax is levied. However, there is a tax on income earned by people here. Apart from this, tax is also to be paid on business profits and rent income.
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