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17 countries with the lowest tax rates in the world

The World Economic Forum recently released its Global Competitiveness Report on the state of the world's economies. The group analysed data including levels of corruption, inflation, and policy stability to compile a picture of virtually every country. One of the indicators the WEF uses is a country's tax burden, with lower scores indicating higher competitiveness To measure tax it uses the World Bank's total tax rate, which accounts for all the taxes on businesses themselves rather than on the employees.
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