The 10 Countries With the Lowest Tax Rates in the World

No. 8 Zambia

This country was named by the World Bank in 2010, to be the fastest economically reformed country in the world. Yet, its economic growth hasn’t met these expectations, as the country is having a hard time coping with the increase in population. With more than 2/3 of its population living below the poverty line, Zambia has started to introduce social programs to deal with the situation. Yet, it charges a 1.5% profit tax, and, among other taxations, total tax burden is 14.5%.