Corporate Tax By Country Around the World #infographic

 Corporate Tax By Country Around the World #infographic

It is this time of year when taxes are on the minds of all. Individuals and businesses alike must report their income to the Internal Revenue Service, but tax rates for everyday people vary greatly from corporate tax rates. The Tax Cuts and Jobs Act reduced the U.S. corporate tax rate to a flat 21 per cent in 2017.

Did you know there are several countries in the world where corporations have no taxes to pay at all? Islands like Bermuda, the Cayman Islands, Anguilla, and the Bahamas are all wholly corporate-tax-free places that make them tax havens for big business. Many of these locations are tax-free too!

This TitleMax.com infographic features a breakdown of the corporate tax rates worldwide. Whether you're starting your own business or just being curious about where corporations are paying the most taxes, see how corporate tax rates compare around the world!

 Corporate Tax By Country Around the World #infographic

infographic by: www.titlemax.com

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