Countries With No Income Tax
Saturday, Aug 15, 2020, 6:12 pm
#8 Cayman Islands
The Cayman Islands draws in a large number of tourists yearly; and that's not all they draw in. Apparently, the region is a huge attraction for the wealthy, which is due to their zero personal income and capital gains taxes. Workers don't even have to use any of their income to contribute to social security benefits. The Cayman Islands does have indirect taxes, of up to 25 percent, on import duties.
