17 countries without personal income tax

17 countries without personal income tax

Income tax is a tax levied on individuals or businesses based on their income or profits. While most countries have some form of income tax, there are a few countries that do not have a personal income tax. These countries rely on other forms of taxation, such as sales tax or property tax, to fund government services.

 

Here are 17 countries without personal income tax:

1. Bahrain: Bahrain is a small island nation in the Middle East that does not have a personal income tax. Instead, it relies on revenue from its oil and natural gas reserves, as well as taxes on goods and services.

2. Bermuda: Bermuda is a British Overseas Territory located in the North Atlantic Ocean. It does not have a personal income tax, but it does have a payroll tax that is levied on employers.

3. Brunei: Brunei is a small Southeast Asian nation that is known for its wealth and abundance of oil and natural gas reserves. It does not have a personal income tax, but it does impose other taxes, such as a sales tax and a property tax.

4. Kuwait: Kuwait is a small, oil-rich nation in the Middle East that does not have a personal income tax. Instead, it relies on revenue from its oil and natural gas reserves, as well as taxes on goods and services.

5. Monaco: Monaco is a small, independent city-state located on the French Riviera. It does not have a personal income tax, but it does have other taxes.

6. Oman: Oman is a Middle Eastern country that does not have a personal income tax. Instead, it relies on revenue from its oil and natural gas reserves, as well as taxes on goods and services.

7. Qatar: Qatar is a small, oil-rich nation in the Middle East that does not have a personal income tax. Instead, it relies on revenue from its oil and natural gas reserves, as well as taxes on goods and services.

8. Saudi Arabia: Saudi Arabia is a large, oil-rich nation in the Middle East that does not have a personal income tax. Instead, it relies on revenue from its oil and natural gas reserves, as well as taxes on goods and services.

9. United Arab Emirates (UAE): The UAE is a federation of seven emirates located in the Middle East. It does not have a personal income tax, but it does have other taxes, such as a value-added tax (VAT).

10. Bahamas: The Bahamas is a small Caribbean nation that does not have a personal income tax. Instead, it relies on revenue from tourism, as well as taxes on goods and services.

11. Cayman Islands: The Cayman Islands is a British Overseas Territory located in the Caribbean Sea. It does not have a personal income tax, but it does have customs duties.

12. Saint Kitts and Nevis: Saint Kitts and Nevis is a small Caribbean nation that does not have a personal income tax. Instead, it relies on revenue from tourism, as well as taxes on goods and services. 

13. Anguilla: Anguilla is a British Overseas Territory located in the Caribbean Sea. It does not have a personal income tax, but it does have other taxes, such as a customs duty and a business tax.

14. Vanuatu: Vanuatu is a small island nation located in the South Pacific Ocean. It does not have a personal income tax.

15. Turks and Caicos Islands: The Turks and Caicos Islands is a British Overseas Territory located in the Caribbean Sea. It does not have a personal income tax.

16. Pitcairn Island: Pitcairn Island is a British Overseas Territory located in the South Pacific Ocean. It is one of the smallest and most isolated inhabited islands in the world, with a population of only about 50 people. Pitcairn Island does not have a personal income tax.

17. The British Virgin Islands: The British Virgin Islands is a British Overseas Territory located in the Caribbean Sea. It does not have a personal income tax.