the country with no income tax is____
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1
Answer:
hain?????
no tax
.....
???
economy kya hoigi uss country ki??
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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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