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Countries with a residence-based system of taxation usually allow deductions or credits for the tax that residents already pay to other countries on their foreign income. Many countries also sign tax treaties with each other to eliminate or reduce double taxation .
Map of the world showing national-level sales tax / VAT rates as of October 2019. A comparison of tax rates by countries is difficult and somewhat subjective, as tax laws in most countries are extremely complex and the tax burden falls differently on different groups in each country and sub-national unit.
Refunds and corrections of erroneously collected tax revenue are treated as negative revenue." [3] UNU-WIDER data is more complex, total taxes consists of taxes, social contributions, grants receivable, and other revenue. Sources are IMF Country Reports [4] and OECD Revenue Statistics. [5] Data are in current national currency.
The world is becoming an increasingly smaller space. Between borders opening up, flights expanding to new destinations and countries issuing more visas to retirees and nomadic workers, the trend of...
Global map of countries by tariff rate, applied, weighted mean, all products (%), 2021, according to World Bank. This is a list of countries by tariff rate. The list includes sovereign states and self-governing dependent territories based upon the ISO standard ISO 3166-1. Import duty refers to taxes levied on imported goods, capital and ...
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Pages in category "Taxation by country" The following 41 pages are in this category, out of 41 total. This list may not reflect recent changes. ...
Presently, Hong Kong has no wealth tax, gift tax, and estate tax. Even when such taxes were in place, Hong Kong’s territorial tax system extended to estates, providing exemptions for foreign ...