Cryptocurrency Q&A
Which country has the best tax system in the world?
Which country has the best tax system in the world?
Eleonora
Sat Jan 25 2025
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7
answers
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When considering the best tax system in the world, Estonia stands out due to its consistent top ranking in the International Tax Competitiveness Index for ten consecutive years. This indicates that Estonia has the most efficient and business-friendly tax policies among OECD countries, offering significant advantages for both individuals and corporations.
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CryptoNinja
Mon Jan 27 2025
The Tax Foundation highlights the exceptional tax environment in Estonia for the year 2021.
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AzureWave
Mon Jan 27 2025
One of the primary reasons behind Estonia's top score is its favorable treatment of reinvested and retained profits.
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Maria
Mon Jan 27 2025
Specifically, the country imposes no corporate income tax on these earnings.
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SeoulSerenitySeekerPeaceLover
Mon Jan 27 2025
For distributed profits, however, Estonia applies a corporate income tax rate ranging from 14 to 20 percent.
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MysticChaser
Sun Jan 26 2025
In addition to this, Estonia boasts a competitive value-added tax (VAT) system.
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