18 Countries with the Lowest Individual Tax Rates in the World

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1. Guatemala

At the top of our list of countries with the lowest individual tax rates in the world is Guatemala. Personal tax on income in this country is 5% if it isn’t over 300,000 Guatemalan quetzals and 7% if it is. Citizens and residents or non-resident individuals are taxed on their compensation attributable to services rendered in Guatemala or other Guatemalan-source income.

18 Countries with the Lowest Individual Tax Rates in the World

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