Thursday, Aug 27, 2020, 11:28 am

By:Tony Williams

#2 Vanuatu

Chances are you've seen Vanuatu on a map and didn't even realize it. Vanuatuis an island country located in the South Pacific Ocean. The country's economy thrives on tourism, cattle-raising, agriculture, tourism, and off-shore financial services. The total tax load is 8.4 percent, which is divided into two sections - 4.5 percent labor tax and 3.9 percent in other taxes.