Top 6 Cheapest Tax Rates in Developed Countries

Here’s a list of cheapest tax rates in developed countries. As we know that every countries have to pay the tax to the government in order to keep the country’s finance. An income tax is a tax levied on the income of individuals or businesses both of corporations or other legal entities. The income of taxation can be progressive, proportional or regressive. In every countries there are many different of tariffs of the tax. Let’s see for the cheapest tax rates in the developed countries below.

6. Japan
As a state to the second as the most economically powerful country in the world. There is only 33% average income for residents. Unemployment is only 5.5%. Warranty provided residents with health insurance for all citizens.

Japan

5. Swiss
It’s only 20%. Have the number seven as the highest GDP. There the average income per year reaching $ 43 thousand. No wonder that the country has only 3% unemployment in 2009

Swiss

4. Canada
The average is about 31.2%. Income residents $ 39,000. The unemployment rate is only 8.5%. Canadian state actively providing services to health care and other societies.

Canada

3. Australia
The average is about 31.6%. The residents have an average income of $ 36 thousand per year.

Australia

2. United States of America
The average is about 27%, as the country’s No. 2. Interestingly the average American population has a GPD $ 47 thousand. High income with low taxes, who do not love. No wonder if many American’s society a goal to migrate.

United States

1. United Kingdom
The average is about 32%. Still relatively low compared to countries throughout Europe. Average income $ 36 thousand per year. UK provides a full service health care for their citizens. British State also became the world’s financial centers, such as the financial investment and the stock market. Unemployment is only 7.8% from last year 2009 data.

United Kingdom

From the list of the cheapest tax rates in developed countries above, where do you want to stay with regard to the tax?