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Tax Havens

Posts Tagged ' tax'

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Puerto Rico

The United States code gives Puerto Rico its own independent tax-levying authority and as a consequence, Puerto Rico has its own tax laws.

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A zero-taxation policy of foreign income applies to resident individuals residing in Panama as well as Panamanian companies.

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No sales tax in Palau

Palau taxes individuals at the progressive tax rates of 9.3%, 15% and 19.6%. The corporate tax rate is only 4%, and there are no sales taxes or property taxes.

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Kuwait has no income tax!

The Kuwait income tax law does not impose personal taxes on income earned by individuals irrespective of nationality.

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