These Countries Are The Biggest Centre of Black Money In The World

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BahamasThese Countries Are The Biggest Centre of Black Money In The World 8

Bahamas government also doesn’t impose income tax on public. But real estate acquisition tax (stamp duty) and holding tax (real property tax) is levied on them. Apart from this, companies have to pay 5.9 percent of employee’s total salary for social security to the government and employee’s contribution is 3.9 percent in this. In the 2015, government has started VAT on product with 7.5% rate.

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