6 Countries with Low Tax Rates in the World
#3. Italy
Italy has a market economy characterized by high per capita GDP and low unemployment rates. After World War II, Italy was rapidly transformed from an agriculture based economy into one of the world's most industrialized nations and a leading country in world trade and exports, Italian fashion has a long tradition, and is regarded as one of the most important in the world.
The corporate tax is 31.4 percent and maximum individual tax is 43 percent.
#4. France
Is the 42nd largest country in the world and the largest country in Western Europe, which includes several overseas regions and territories. France has produced many influential artists, thinkers, and scientists, and remains a prominent global center of culture.
France receives around 83 million foreign tourists annually. France's capitalist mixed economy is the 7th largest worldwide and the 2nd largest in the European Union by purchasing power parity. The corporate tax is 33.3 percent and maximum individual tax is 45 percent.
#5.Greece
Greece is a developed country with high standards of living and its capital city is Athens. It is ranked as the 7th most visited country in the European Union and 16th in the world by the United Nations World Tourism Organization and receives high percentage of national income from tourism.
The corporate tax is 26 percent and maximum individual tax is 42 percent.
#6. Australia
Is the world's sixth-largest country and one of the wealthiest in the world it generates income from various sources such as mining, telecommunications and banking. Australia ranks highly in many international comparisons of national performance, such as health, education, economic freedom and political rights.
It has a market economy, a relatively high GDP per capita, and a relatively low rate of poverty. The corporate tax is 30 percent and maximum individual tax is 45 percent.
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