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10 Countries With the Lowest Tax Rates

/ May 27, 2015

4) Namibia (9.8 %)

Densely populated Namibia’s main source of revenue is gold, uranium and silver. Total tax burden in Namibia is 9.8 percent (4 percent tax on profit, 1 percent tax on labor and 4.8 percent other taxes).

Namibia

3) Maldives (9.3 %)

Tourism accounts for 28 percent of Maldives’ GDP. Maldives does not charge tax on profit. There is no labor tax. The total tax burden is 9.3 percent. Government revenues comes from import taxes, tourism taxes, and earnings on state owned enterprises.

Male,capital of the Maldives Republic