List of countries by tax rates
Tax rates by countries

List of countries by tax rates

Section Title: Tax rates by countries
Table Section Text: None

Country	Corporate tax	Income tax (minimum prevailing national + subnational rate)	Income tax (maximum prevailing national + subnational rate)	VAT or GST or sales tax	Further reading

Afghanistan	20%	0%	20%	0%	Taxation in Afghanistan

Albania	15%	0%	23%	20% (standard rate) 6% (tourism services)	Taxation in Albania

Algeria	19%–26%	0%	35%	19% (standard rate) 9% (basic items)	Taxation in Algeria

American Samoa	15%–44%	4%	6%	0%	Taxation in American Samoa

Andorra	10%	10%	10%	4.5% (standard rate 9.5% (banking services) 2.5%, 1% or 0% (reduced rates)	Taxation in Andorra

Angola	30%	0%	17%	10%	Taxation in Angola

Anguilla	0%	0%	0%	0%	Taxation in Anguilla

Argentina	35%	9%	35%	21%	Taxation in Argentina

Armenia	20%	24.4%	36%	20%	Taxation in Armenia

Aruba	25%	7%	58.95%	1.5% (turnover tax)	Taxation in Aruba

Australia	28.5%–30%	0%	47%	10% (standard rate) 0% (essential items)	Taxation in Australia

Austria	25%	0%	55%	20% (standard rate) 13% (tourism services) 10% (basic items)	Taxation in Austria

Azerbaijan	20%	14%	25%	18%	Taxation in Azerbaijan

Bahamas	0%	0%	0% + 8.8% social security tax	12% (standard rate)	Taxation in Bahamas

Bangladesh	35%	0%	25%	15%	Taxation in Bangladesh

Barbados	25%	25%	38%	17.5% (standard rate) 7.5% (hotel services)	Taxation in Barbados

Bahrain	0%	0%	0%	5%	Taxation in Bahrain

Belarus	18%	13%	17%	20% (standard rate) 10% (reduced rate)	Taxation in Belarus

Belgium	29.58%	25%	50%	21% (standard rate) 12% (restaurants) 6% (essential and selected goods)	Taxation in Belgium

Belize	N/A	0%	25%	12.5%	Taxation in Belize

Benin	35%	10%	35%	18%	Taxation in Benin

Bermuda	0%	N/A	N/A	N/A	Taxation in Bermuda

Bhutan	30%	0%	25%	N/A	Taxation in Bhutan

Bolivia	25%	0%	25%	13%	Taxation in Bolivia

Bosnia and Herzegovina	10%	10%	10%	17%	Taxation in Bosnia and Herzegovina

Botswana	22%	0%	25%	12%	Taxation in Botswana

Brazil	34%	0%	27.5%	25% (maximum rate) 17% (minimum rate)	Taxation in Brazil

Brunei	20%	0%	0%	N/A	Taxation in Brunei

Bulgaria	10% (+5% on distribution of profit)	10%	10% + 18% social security fund tax	20%	Taxation in Bulgaria

Burkina Faso	27.5%	0%	25%	18%	Taxation in Burkina Faso

Burundi	35%	0%	35%	18%	Taxation in Burundi

Cambodia	20%	0%	20%	10%	Taxation in Cambodia

Cameroon	31.5%	10%	35%	19.25%	Taxation in Cameroon

Canada	12%-38%	19% (15% federal tax + 4%–11% provincial tax)	58.75% in Quebec (33% federal tax + 25.75% provincial and local tax)	5% (federal GST) + 0%–15% (provincial taxes)	Taxation in Canada

Cape Verde	25%	16.5%	27.5%	15%	Taxation in Cape Verde

Cayman Islands	0%	0%	0%	0%	Taxation in the Cayman Islands

Central African Republic	30%	N/A	50%	19%	Taxation in the Central African Republic

Chad	N/A	N/A	N/A	N/A	Taxation in Chad

Chile	27%	0% for < US$950/month	15.57% for = US$8400/month and 15.57%* 8400+35%*(X-8400) for X > US$8400/month	19%	Taxation in Chile

China	25%	0%	45%	16%(standard rate)11%(energy, books, transportation, etc.) 10%(agricultrual goods) 6%(modern service) 0%(goods/services for export)	Taxation in China

Colombia	33%	0%	35% (non-labor income) 33% (labor income)	19% (standard rate) 5% or 0% (reduced rates)	Taxation in Colombia

Comoros	N/A	N/A	N/A	N/A	Taxation in Comoros

Cook Islands	20-30%	18.5%	30%	15%	Taxation in Cook Islands

Democratic Republic of the Congo	N/A	N/A	N/A	N/A	Taxation in the Democratic Republic of the Congo

Congo	30%	N/A	N/A	18.9%	Taxation in the Republic of the Congo

Costa Rica	30%	0%	25%	13%	Taxation in Costa Rica

Croatia	12% for less than 3 mil kn, 18% for more	12%	40%	25% (standard rate) 13% (certain groceries)	Taxation in Croatia

Cuba	30%	15%	50%	20% (maximum rate) 2.5% (minimum rate)	Taxation in Cuba

Curaçao	N/A	N/A	N/A	N/A	Taxation in Curaçao

Cyprus	12.5%	0%	35%	19% (standard rate) 5% or 0% reduced rates)	Taxation in Cyprus

Czech Republic	19%	20.1% (15% deductible tax + 45% medicare and social security if an employee, 22.5% if self-employed)	45.7% (peaks for employee real raw year income $90,000), 39% (for real raw year income of $450,000)	21% (standard rate) 15% or 10% (reduced rates)	Taxation in Czech Republic

Denmark	22%	39.8596% (34.63% for unemployed) (First DKK 46,000 per year is deductible; approximately US$7,245 / EUR 6,172)	55.8584%	25%	Taxation in Denmark

Djibouti	N/A	N/A	N/A	N/A	Taxation in Djibouti

Dominica	N/A	N/A	N/A	N/A	Taxation in Dominica

Dominican Republic	27%	0%	25%	18%	Taxation in Dominican Republic

Timor-Leste	N/A	N/A	N/A	N/A	Taxation in East Timor

Ecuador	25%	0%	35%	12% (standard rate) 15% (luxury goods) 0% (exports)	Taxation in Ecuador

Egypt	22.5% (Corporate Taxes) 5% (Distribution of Profit Taxes)	0%	22.5%	14% (standard rate) 10% (professional services) 0% (exports)	Taxation in Egypt

El Salvador	30%	0%	30%	13%	Taxation in El Salvador

Equatorial Guinea	N/A	N/A	N/A	N/A	Taxation in Equatorial Guinea

Eritrea	N/A	N/A	N/A	N/A	Taxation in Eritrea

Estonia	0% (20% on distribution of profit)	20% (0% on dividends to residents)	20%	20% (standard rate) 9% (reduced rate)	Taxation in Estonia

Ethiopia	N/A	N/A	N/A	N/A	Taxation in Ethiopia

Falkland Islands	26%	0%	26%	0%	Taxation in Falkland Islands

F.S. Micronesia	N/A	N/A	N/A	N/A	Taxation in Micronesia

Fiji	20%	0%	20%	9%	Taxation in Fiji

Finland	20%	0% + 7.71% social security tax	54.25% (31.75% national tax rate + 22.5% other taxes)	24% (standard rate) 14% (food and fodder) 10% (medicines and public transport)	Taxation in Finland

France	15% (profit €38120)	0%	45% (+ tax on high incomes: 4% over €500,000)	20% (standard rate) 10% (restaurants, transportation and tourism services) 5.5% (utilities) 2.1% (press)	Taxation in France

Gabon	35%	5%	35%	18%	Taxation in Gabon

Gambia	31%	0%	30%	N/A	Taxation in Gambia

Germany	29.65%	14% (€9,169 are free of income tax)	47.475% (45% income tax + 5.5% solidarity surcharge based on the total tax bill)	19% (standard rate) 7% (food)	Taxation in Germany

Georgia	0% (15% on distribution of profit)	20% (5% on dividend, interest and royalty)	20% (5% on dividend, interest and royalty)	18%	Taxation in Georgia

Ghana	N/A	N/A	N/A	3%	Taxation in Ghana

Gibraltar	10%	17%	40%	0%	Taxation in Gibraltar

Greece	28% (+28% paid in advance & returned after 1 year) + 10% on distribution of profit	22% (€1,900 tax deducted if income <€21,000)	45%	24% (standard rate) 13% (health and tourism services) 6% (theater tickets, books and medicine) For some islands away from the mainland the rates are 17%, 9% and 4%, respectively.	Taxation in Greece

Grenada	N/A	N/A	N/A	N/A	Taxation in Grenada

Guatemala	25%	5%	7%	12%	Taxation in Guatemala

Guinea	N/A	N/A	N/A	N/A	Taxation in Guinea

Guinea-Bissau	N/A	N/A	N/A	N/A	Taxation in Guinea-Bissau

Guyana	30%	N/A	33⅓%	16% (standard rate) 0% (reduced rate)	Taxation in Guyana

Guernsey	0%	0%	20%	0%	Taxation in Guernsey

Haiti	30%	0%	30%	10%	Taxation in Haiti

Honduras	N/A	N/A	N/A	N/A	Taxation in Honduras

Hong Kong	8.25% (profits not over HK$2million) 16.25% (profits over HK$2million)	0%	15%	0%	Taxation in Hong Kong

Hungary	9%	15% (flat tax)	15% (flat tax)	27% (standard rate) 18% (reduced rate) 5% (milk, egg, pork, chicken meat, internet service, restaurant services, medicines and books)	Taxation in Hungary

Iceland	20%	0%	46%	24% (standard rate) 11% (reduced rate)	Taxation in Iceland

India	25%-34.9%	0% (for income up to ₹250000)	30%	28%, 18%, 12%, 5%, 0% (varies by commodity) GST rates in India	Taxation in India

Indonesia	25%	5%	30%	10%	Taxation in Indonesia

Iran	25%	0%	35%	9% (maximum rate) 0% (reduced rate)	Taxation in Iran

Iraq	N/A	N/A	N/A	N/A	Taxation in Iraq

Ireland	12.5%	20% (first €1,650 per year is deductible)	52% (40% Income Tax + 12% social insurance contributions on income above €70,000, 9% social security contributions between €18,000 and €70,000)	23% (goods) 9%–13.5% (services) 0% (certain items of food)	Taxation in Ireland

Isle of Man	0-10%	10%	20%	20% (standard rate) 5% (home renovations)	Taxation in Isle of Man

Israel	Annual profit >10B ILS: 6%. Annual profit <10B ILS: 7.5% - 24%.	11.5%	50%	17% (standard rate) 0% (fruits, vegetables and public transport)	Taxation in Israel

Italy	27.9% (24% + 3.9% municipal)	23%- 0% on the first 8.500 euro income	43% +4% (special added tax)	22% (standard rate) 10% (reduced rate) 4% (food and books)	Taxation in Italy

Ivory Coast	N/A	N/A	N/A	N/A	Taxation in Ivory Coast

Jamaica	33.3% Large companies 25% Small Private companies	0%	25% on income over J$1,500,000	20% (services) 16.5% (goods)	Taxation in Jamaica

Japan	29.74%	15.105% (5.105% national + 10% local)	55.945% (45.945% national + 10% local)	8%	Taxation in Japan

Jersey	0%	0%	20%	5%	Taxation in Jersey

Jordan	20%	0%	14%	16%	Taxation in Jordan

Kazakhstan	20%	10%	10% (for residents), 15% (for non-residents)	12%	Taxation in Kazakhstan

Kenya	30%	10%	30% citizens, 35% foreigners	16% (standard rate) 12% (electricity and fuel) 0% (food)	Taxation in Kenya

Kiribati	N/A	N/A	N/A	N/A	Taxation in Kiribati

Kuwait	0%	0%	0%	0%	Taxation in Kuwait

South Korea	24.2%	6% + 1.8%	42% + 11.4%	10%	Taxation in South Korea

North Korea	25%	0%	20%	4% (maximum rate) 2% (minimum rate)	Taxation in North Korea

Kyrgyzstan	N/A	N/A	N/A	N/A	Taxation in Kyrgyzstan

Laos	N/A	N/A	N/A	N/A	Taxation in Laos

Latvia	0% / 20% (flat tax rate)	23% (flat tax rate)	23%	21%	Taxation in Latvia

Lebanon	17%	2%	20%	11%	Taxation in Lebanon

Lesotho	N/A	N/A	N/A	N/A	Taxation in Lesotho

Liberia	25%	N/A	N/A	N/A	Taxation in Liberia

Libya	N/A	N/A	N/A	N/A	Taxation in Libya

Liechtenstein	12.5%	3%	24%	7.7% (standard rate) 3.8% (lodging services) 2.5% (reduced rate)	Taxation in Liechtenstein

Lithuania	15%	31.2%	42.77%	21%	Taxation in Lithuania

Luxembourg	29.22%	6%	52.45% total: 40% + 12.45% social security charges	17%	Taxation in Luxembourg

Macau	12%	0%	12%	0%	Taxation in Macau

Macedonia	10%	10%	18%	18% (standard rate) 5% (reduced rate)	Taxation in Macedonia

Madagascar	N/A	N/A	N/A	N/A	Taxation in Madagascar

Malawi	N/A	N/A	N/A	N/A	Taxation in Malawi

Malaysia	18–24%	0%	28%. On top of that, additional 11% for Employees Provident Fund, from Employee, 12%–13% from Employer; Additional 1.2% for SOCSO from Employee, and 1.4% from Employer	5% - 10% on Goods 7% on Services	Taxation in Malaysia

Maldives	8%-15%	0%	15%	6%	Taxation in Maldives

Mali	N/A	N/A	N/A	N/A	Taxation in Mali

Malta	0–10% (35% pre rebate)	0%	35%	18%	Taxation in Malta

Marshall Islands	N/A	0%, 8% on employees of resident companies	12% on employees of resident companies	4% (maximum rate) 2% (minimum rate)	Taxation in Marshall Islands

Mauritania	N/A	N/A	N/A	N/A	Taxation in Mauritania

Mauritius	15%	15% (flat tax rate)	15%	15%	Taxation in Mauritius

Mexico	30%	1.92%	35% + reduction of deductions (topes)	16%	Taxation in Mexico

Moldova	12%	12% (flat rate)	12% (+24% social security)	20% (standard rate) 10% (HoReCa)	Taxation in Moldova

Monaco	33.33%	0%	0%	19.6% (maximum rate) 5.5% (minimum rate)	Taxation in Monaco

Mongolia	10%	10%	10%	10%	Taxation in Mongolia

Montenegro	9%	9% (first EUR 720)	12.65% (11% national tax + 15% municipality surtax on income tax)	11%	Taxation in Montenegro

Montserrat	N/A	N/A	N/A	N/A	Taxation in Montserrat

Morocco	10%–31%	0%	7%–20%	20% (Lower rates of 7%, 10%, and 14% apply to specifically designated operations).	Taxation in Morocco

Mozambique	N/A	N/A	N/A	N/A	Taxation in Mozambique

Myanmar	N/A	N/A	N/A	N/A	Taxation in Myanmar

Namibia	32%	0%	37%	15%	Taxation in Namibia

Nauru	N/A	N/A	N/A	N/A	Taxation in Nauru

Nepal	(20% Manufacturing, 25% Normal Business, 30% Finance) + (10% Mandatory Bonus to Employees) + (5% on distribution of profit) = Up to 45% (Total)	30%, 20%, 10%, 1% Social Security Tax Mandatory	50%	13%	Taxation in Nepal

Netherlands	20% on first €250,000 profit. 25% on €250,001+ profit	36.55% (first €21.103 per year is deductible)	51.95% + reduction of deductions (arbeidskorting and general korting)	21% (standard rate) 9% (essential and selected goods)	Taxation in the Netherlands

New Zealand	28%	10.5%	33%	15%	Taxation in New Zealand

New Caledonia	30%	0%	25% on local income of non-residents 40%	N/A	Taxation in New Caledonia

Nicaragua	N/A	N/A	N/A	N/A	Taxation in Nicaragua

Niger	N/A	N/A	N/A	N/A	Taxation in Niger

Nigeria	30%	7%	24%	5%	Taxation in Nigeria

Niue	N/A	N/A	N/A	12.5%	Taxation in Niue

Norfolk Island	N/A	N/A	N/A	N/A	Taxation in Norfolk Island

Norway	23% for 2018	0%	23% + 8.2% + top tax (from 1.4% to 15.4%) minus deductions for 2018	25% (standard rate) 15% (food and drink in shops) 10% (transportation, cinema and hotel services)	Taxation in Norway

Oman	15%	0%	0%	5%	Taxation in Oman

Pakistan	31%	7.5%	31%	17% (standard rate) 0% (basic food items)	Taxation in Pakistan

Palau	N/A	N/A	N/A	N/A	Taxation in Palau

Palestine	15%	5%	15%	14.5%	Taxation in Palestine

Panama	25%	0%	27%	7% (standard rate) 15% (tobacco) 10% (alcohol and hotels) 5% (essential goods)	Taxation in Panama

Papua New Guinea	N/A	N/A	N/A	N/A	Taxation in Papua New Guinea

Paraguay	10%	8%	10%	10%	Taxation in Paraguay

Peru	30%	0%	30%	16% (standard rate) + 2% (municipal promotional tax) + 0–118% (impuesto selectivo al consumo: liquor, cigarettes, etc.)	Taxation in Peru

Philippines	30%	0%	35%	12% (standard rate) 0% (reduced rate)	Taxation in the Philippines

Pitcairn Islands	N/A	N/A	N/A	N/A	Taxation in Pitcairn Islands

Poland	19% (9% for small taxpayer, those with revenue in a given tax year not exceeding the equivalent of €1.2 million and that have "small taxpayer" status)	0%	32% (or optional 19% flat rate for self-employed)	23% (standard rate) 8% or 5% (reduced rates)	Taxation in Poland

Portugal	21%	14.5%	82.75 ( 48% + 34.75% social security(23.75 % payed by employer + 11% paid by employee) )	23% (standard rate) 13% or 6% (standard rate) 15%, 9% or 4% (Madeira and Açores)	Taxation in Portugal

Puerto Rico	20%	0% (16% Proposed from March 2015)	33.34%	11.5%	Taxation in Puerto Rico

Qatar	10%	0%	0%	0%	Taxation in Qatar

Romania	16% (or, 1% revenue for micro-entities with at least one employee, or 3% for micro-enterprises with no employees)	10% (flat tax rate)	10% (+ 25% CAS (social security) + 10% CASS (health insurance) for employed persons or only +10% CASS calculated from the minimum wage if you earn more than the monthly minimum wage x12 months for the self-employed persons, ex you pay a maximum of 2280 RON as CASS contribution in 2018 if you earn over 22800 RON for the whole year)	19% (standard rate) 9% ((food, medicines, books, newspapers and hotel services) 5% (reduced rate)	Taxation in Romania

Russia	20%	13% (flat)	47% (35% for non-residents; 13% – standard income tax; insurance deductions: 26% – pension fund charges, 2.9% – social security charges (1.8% – for non-citizens), 5.1% – medicare; totaling: 34% + 13% = 47%)	20% (standard rate) 10% (books, certain items of food and children goods) 0% (house or flat)	Taxation in Russia

Rwanda	N/A	N/A	N/A	N/A	Taxation in Rwanda

Saint Kitts and Nevis	0%	0%	0%	N/A	Taxation in Saint Kitts and Nevis

Saint Lucia	N/A	N/A	N/A	N/A	Taxation in Saint Lucia

Saint Pierre and Miquelon	N/A	N/A	N/A	N/A	Taxation in Saint Pierre and Miquelon

Saint Vincent and the Grenadines	N/A	N/A	N/A	N/A	Taxation in Saint Vincent and the Grenadines

Samoa	N/A	N/A	N/A	N/A	Taxation in Samoa

San Marino	17%	12%	50%	0% (standard rate) 17% (imported goods)	Taxation in San Marino

São Tomé and Príncipe	N/A	N/A	N/A	N/A	Taxation in São Tomé and Príncipe

Sark	0%	0%	0% – There are taxes on property and personal capital (max £6,500).	0%	Taxation in Sark

Saudi Arabia	5%	0% (foreigners) Zakat 2.5% on capital assets (natives)	0% (foreigners) Zakat 2.5% on capital assets (natives)	5%	Taxation in Saudi Arabia

Senegal	25%	0%	50%	20%	Taxation in Senegal

Serbia	15%	10%	25% (additional contributions for state health, pension and unemployment funds)	20% (standard rate) 8% or 0% (reduced rates)	Taxation in Serbia

Seychelles	33-40%	15%	15%	15%	Taxation in Seychelles

Sierra Leone	N/A	N/A	N/A	N/A	Taxation in Sierra Leone

Singapore	17%	0%	22% (Compulsory pension deduction of 20% from Salary)	7%	Taxation in Singapore

Sint Maarten	N/A	N/A	N/A	N/A	Taxation in Sint Maarten

Slovakia	22%	0%	25%	20% (standard rate) 10% (books and medicines)	Taxation in Slovakia

Slovenia	19%	16%	50%	22% or 9.5%	Taxation in Slovenia

Solomon Islands	N/A	N/A	N/A	N/A	Taxation in Solomon Islands

Somalia	N/A	N/A	N/A	N/A	Taxation in Somalia

South Africa	28%	0% (below threshold)	45%	15%	Taxation in South Africa

South Sudan	N/A	N/A	N/A	N/A	Taxation in South Sudan

Spain	25% (4% Canary Islands)	0% (below €12,000)	45%	21% (standard rate) 10% or 4% (reduced rates)	Taxation in Spain

Sri Lanka	15% – 30%	0%	15% (If annual income is more than 2.5m LKR)	12% (standard rate) 8% or 0% (reduced rates)	Taxation in Sri Lanka

Sudan	N/A	N/A	N/A	N/A	Taxation in Sudan

Suriname	36%	N/A	N/A	N/A	Taxation in Suriname

Swaziland	27.5%	33%	33%	14%	Taxation in Swaziland

Sweden	21.4%	32% (first US$1.930 per year is deductible)	57% = 32% average municipality income tax + 25% state income tax	25% (standard rate) 12% or 6% (reduced rate)	Taxation in Sweden

Switzerland	17.92%	0%	11.5% (federal) + 37.2% (canton) + ~0-15%(municipal)	7.7% (standard rate) 3.8% or 2.5% (reduced rates)	Taxation in Switzerland

Syria	22%	5%	15%	N/A	Taxation in Syria

Taiwan	20%	5%	40%	5%	Taxation in Taiwan

Tajikistan	13% (25% non-residents)	5%	13% (25% non-residents)	18%	Taxation in Tajikistan

Tanzania	30%	15%	30%	18%	Taxation in Tanzania

Thailand	20%	0%	35%	7%	Taxation in Thailand

Togo	N/A	N/A	N/A	N/A	Taxation in Togo

Tokelau	N/A	N/A	N/A	N/A	Taxation in Tokelau

Tonga	N/A	N/A	N/A	N/A	Taxation in Tonga

Trinidad and Tobago	25%	0%	25%	12.5%	Taxation in Trinidad & Tobago

Tunisia	30%	0%	35%	18% (standard rate) 12% or 6% (reduced rate)	Taxation in Tunisia

Turkey	20%	15%	35%	18% (standard rate) 8% (clothing) 1% (certain food items)	Taxation in Turkey

Turkmenistan	N/A	N/A	N/A	N/A	Taxation in Turkmenistan

Turks and Caicos Islands	N/A	N/A	N/A	N/A	Taxation in Turks and Caicos Islands

Tuvalu	N/A	N/A	N/A	N/A	Taxation in Tuvalu

Uganda	30%	N/A	N/A	18%	Taxation in Uganda

Ukraine	18%	18%	18%	20% (standard rate) 7% or 0% (reduced rates)	Taxation in Ukraine

United Arab Emirates	0%	0%	0%	5%	Taxation in United Arab Emirates

United Kingdom	19%	45% (> £150,000), 40% (> £50,001), 20% (<= £50,000), 0% (<= £12,500)	47% (45% IT + 2% NI) (on income over £150,000)	20% (standard rate) 5% (home energy and renovations) 0% (life necessities: groceries, water, prescription medications, medical equipment and supplies; public transport; children's clothing; books and periodicals)	Taxation in the United Kingdom

United States	21% + 0–12% State/Local	0% (federal) + 0% (state) + 0%–3% (local)	50.3% = 37% (max federal) + 13.3% (max state)	11.725% (highest prevailing state + local sales tax rate) 0% (lowest prevailing rate)	Taxation in the United States

Uruguay	25%	0%	30%	22% (standard rate) 11% (minimum rate) 0% (extent)	Taxation in Uruguay

Uzbekistan	12% (standard rate), 20% (banks and mobile communication operators)	12%	12%	20% (maximum rate) 0% (minimum rate)	Taxation in Uzbekistan

Vanuatu	N/A	N/A	N/A	N/A	Taxation in Vanuatu

Venezuela	34%	6% (0% under certain income, defined every year)	34%	16% (standard rate) 8% (reduced rate)	Taxation in Venezuela

Vietnam	20%	5%	35%	10%	Taxation in Vietnam

British Virgin Islands	0%	0%	0%	N/A	Taxation in the British Virgin Islands

U.S. Virgin Islands	10%	N/A	N/A	N/A	Taxation in United States Virgin Islands

Yemen	20%	10%	15%	2%	Taxation in Yemen

Zambia	35%	10%	30%	16%	Taxation in Zambia

Zimbabwe	25%	0%	45%	15% standard rate and 0% on selected items	Taxation in Zimbabwe

Sentence(s)

Monaco country has no income tax.

final_sentence: Monaco country has no income tax.