Baklol

Countries With No Income Tax

Saturday, Aug 15, 2020, 6:12 pm

#6 The Bahamas

The Bahamas is one of the wealthiest Caribbean countries. Its economy is primarily dependent on off-shore banking and tourism. Approximately 70 percent of its government incomeis from duties on imported goods. There is no personal income tax, but workers do have to pay 3.9 percent of their salary, for National Insurance - which is a form of Social Security.