Income tax is an important source of income for the government all over the world, but in some countries of the world, there is no tax at all. Most of these are Gulf countries. European and African countries are also included in this list. The special thing is that a very poor country is also included in these. As far as the reasons are concerned, there are different reasons in all these countries. Now it is worth thinking that when income tax is collected in big countries like India, America, France, Britain, Germany and China, then why not in these countries? Let’s find out…
UAE: United Arab Emirates is the richest country among the Gulf countries. The economy of this country is very strong due to oil and tourism, hence taxes are not taken from common citizens here.
Kuwait-Bahrain: Kuwait and Bahrain are also Gulf countries and are the world’s largest oil exporters. That’s why here also governments do not collect income tax from their citizens.
Brunei-Oman: Even in Brunei, which has huge oil reserves, income tax is not collected from the citizens. This country falls in South East Asia. At the same time, in another Gulf country Oman also people do not have to pay income tax. Actually, Oman also has large reserves of oil and gas.
Monaco-Nauru: Even in this European country, the government does not collect income tax from the people. Even in the world’s smallest island nation, Nauru, people are not charged income tax.
Somalia: East African country Somalia is a poor country but even here taxes are not collected from the public.
