tax-free countries 2023, Tax Free Countries: The government of these countries does not take tax of even 1 paise from the public! Then how is the income of these countries? – which are the countries where people do not have to pay tax know details
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How does the country run without taking taxes?
Countries where governments do not collect tax from the public, they earn in another way. Import duty is the first way of earning in these countries. In these countries, whatever goods come inside the country, more import tax is imposed here than in other countries. Due to the high import tax, all the products that come from outside in these countries become very expensive. Companies in these countries do not even have to pay corporate tax. In such a situation, tourism is supported a lot to earn this country. When tourists go back to these countries, they are also charged a return tax.
Emphasis remains on self working model
In countries that do not take tax from their citizens, there is emphasis on self-working model. The government departments in these countries run their expenses from whatever income they earn. There is no role of the government in this.
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