Top 6 Cheapest Tax Rates in Developed Countries:
Here’s a list of cheapest tax rates in developed countries. As we know that every countries have to pay the tax to the government in order to keep the country’s finance. An income tax is a tax levied on the income of individuals or businesses both of corporations or other legal entities. The income of taxation can be progressive, proportional or regressive. In every countries there are many different of tariffs of the tax. Let’s see for the cheapest tax rates in the developed countries below.
1. United Kingdom
The average is about 32%. Still relatively low compared to countries throughout Europe. Average income $ 36 thousand per year. UK provides a full servicehealth care for their citizens. British State also became the world’s financial centers, such as the financial investment and the stock market. Unemployment is only 7.8% from last year 2009 data.