Friday, March 20, 2015

Countries or Jurisdictions With a Flat Tax as of March 2015 (Includes Personal Exemption or Allowance. Effective Zero Rate on First Tranche of Earnings or Self-Employed Business Profits)

Jurisdiction Tax Rate (%)
Abkhazia 10%
Andorra 10
Anguilla 3
Belarus 12
Belize 25
Bolivia 13
Boznia and Herzegovina 10
Bulgaria 10
Czech Republic 15
Estonia 21
Georgia 20
Greenland 37
Grenada 30
Guernsey 20
Guyana 33.3
Hong Kong 15
Hungary 16
Jamaica 24
Jersey 20
Kazakhstan 10
Kyrgyzstan 10
Latvia 24
Lithuania 20
Macedonia 10
Madagascar 20
Mauritius 15
Mongolia 10
Montenegro 9
Nagorno-Karabakh 5
Pridnestrovia 10
Romania 16
Russia 13
Serbia 12
St. Helena 25
Seychelles 15
Slovakia 19
South Ossetia 12
South Sudan 10
Switzerland 11
Timor-Leste 10
Trinidad and Tobago 25
Turkmenistan 10
Tuvalu 30
Yemen 15
Notes:
Czech Republic has a Temporary 22% Upper Rate
Greenland has an Additional 5% Municipal Flat Rate
Slovakia has a Temporary 25% Upper Rate
Switzerland has an Additional 4…35% Cantonal and Municipal Flat Rate

Isle of Man is Considering a 20% Flat Tax Effective April 1, 2016

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