18 Countries with the Lowest Individual Tax Rates in the World

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2. Mongolia

In Mongolia, the individual tax rate on salary income is 10%. The same tax rate is for the income from the property. However, it differs for incomes from scientific, literary and artistic works, where the tax rate is 5% and from the sale of immovable property where it is 2%. Income from betting games and gambling is taxed 40%.

18 Countries with the Lowest Individual Tax Rates in the World

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