18 Countries with the Lowest Individual Tax Rates in the World

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5. Montenegro

In Montenegro taxation is based on their residence status. Personal income tax is 9%, and it is levied on salaries, property-related income, and investment income. For a non-resident tax rate is 5%. In 2016, Montenegrin government raised the tax rate to 11% of gross salaries exceeding average monthly salary.

18 Countries with the Lowest Individual Tax Rates in the World

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