The 10 Countries With the Lowest Tax Rates in the World

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No. 5 Namibia

namibia

This country used to be a part of South Africa, but gained its independence in 1990. It is very densely populated, and its main source of revenue is the gold, silver, and uranium industry. Their tax burden is 9.8%, with a 4% tax profit, a 1% tax burden on labor, and 4.8% in other taxes.

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