Jurisdiction Tax Rate (%)
Abhkazia 10%
Andorra 10
Artsakh 21
Belarus 12
Belize 25
Bolivia 12
Bosnia & Herzegovinia 10
Bulgaria 10
Estonia 21
Georgia 20
Greenland 42
Guernsey 20
Hungary 15
Jersey 20
Kazakhstan 10
Kyrgyzstan 10
Madagascar 10
Mongolia 10
North Macedonia 10
Pridnestrovie 10
Romania 10
Seychelles 15
South Ossetia 12
Timor-Leste 10
Turkmenistan 10
Ukraine 18
Yemen 15
At the peak of the flat tax movement, 44 countries and
jurisdictions had a flat tax. The number
has declined to 27, with Russia the most
recent to add a second top rate.
Politicians in both dictatorships and democracies find that imposing a
second top rate on a small percentage of high-income earners is popular,
especially when twinned with increased social benefits for lower- and
middle-class taxpayers. The same holds
for a second lower rate.
Of the 27 jurisdictions listed above, 10 have populations
under 100,000; 3 between 100,000-1 million; 3 between 1-10 million; 6 between
10-20 million; and 3 over 20 million (Ukraine is the largest at 42 million).
Four are disputed territories of other countries lacking
international recognition (Abkhazia, Artsakh, Pridnestrovie [aka Transnistria],
South Ossetia). Two are British Overseas
Territories (Jersey, Guernsey). One is a
Danish Autonomous Dependent Territory (Greenland). Yemen has two claimants to the government,
Houthis and forces loyal to Hadi based in Aden.
