If you live in Russia and think that taxes are paid everywhere and everywhere they complain about them, then you are wrong. Of course, we all understand that taxes are a payment for civilization, but there are also states that were able to create a different system, it does not provide for taxes. Let's see who they are? These are people who do not know what VAT and personal income tax are.
Let's start with the Cayman Islands, this is a place where there are no taxes on income and profits, no one here knows what compulsory insurance premiums, VAT are. Not life, but a fairy tale. The state by some miracle continues to function, the system does not provide for the robbery of the people. The only thing Caymanians pay for is a 25 percent duty on imported goods.
Of course, you all know about the United Arab Emirates. A lot, a lot has been said about this richest state, it attracts millions of tourists every year, including from Russia. Residents of the UAE also do not know anything about taxes, and after all, the country has one of the highest per capita incomes in the world. The only tax for the Arabs is 50 percent on alcohol.
We can safely say that Qatar is the richest state in the world. The country has taken a huge step towards building its own infrastructure. The only contributions and taxes are on social security and another indirect 5 percent tax on imported goods. Not only does the country have rich natural resources, so also no one rips off money from the people for the wealth of the land.
This state of the Middle East is not as popular as the UAE, we are talking about the Sultan of Oman. This country lives mostly on the sale of its own oil. There is no income tax or profit tax in the country, the only tax is on social insurance, its size is 6.5 percent of wages. The only thing that is taxed is the purchase and sale of real estate.
Kuwait is the sixth largest oil exporter in the world, and it is these revenues that make up 95 percent of the country's total budget. In general, Kuwait is one of the richest countries in the world, as evidenced by the high level of per capita income. All Kuwaiti residents pay are social security contributions.
Selling oil is what feeds most of the states that do not levy taxes on citizens. So, Bahrain has the Abu-Safa field, and it is there that the oil is produced, which feeds the country. Residents of Bahrain also pay only social contributions, but foreigners are required to pay tax on renting real estate in the Persian Gulf.
Another generous state on the list is Bermuda. This is the overseas territory of Great Britain, which is one of the wealthiest countries in the world. About 20 percent of the country's citizens were born outside its borders, is it clear why they come to the islands? These citizens also only pay social security contributions. Small taxes are levied on real estate and inheritance.
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Well, what about the Bahamas? No income tax or income tax, all workers in the country pay social security contributions. But about 70 percent of the country's budget is precisely the proceeds from customs duties on imports. The residents of the country themselves pay taxes only on real estate.
You should also pay attention to the principality of Monaco, where the income tax was abolished back in the 19th century. Only French citizens pay there, this responsibility fell on their shoulders in 1957. The same can be said about Andorra, this tiny state lives off tourism, there are about 9 million tourists there, which is about 80 percent of the total GDP.
SAVERKY ALEXANDER