5 Countries With The Lowest Corporate Tax Rates

In this article we are going to list the 5 Countries With The Lowest Corporate Tax Rates. For a detailed coverage of this topic and a more comprehensive look please head on over to the 15 Countries With The Lowest Corporate Tax Rates.

5. Cayman Islands

Average corporate tax rate in the country over the past 10 years (2011 to 2020): 0%

Since no direct tax is levied in the Cayman Islands, the area is extremely popular for companies looking to avoid tax, and companies such as BNP and Bank of America (NYSE:BAC) have operations there.