From GFMag.com Economic Database
UAE Tops The List Of Simplest Corporate Tax Regimes
In addition to rates (see cover story ), another factor of importance to companies in managing international taxes is the amount of time and effort spent on tax compliance and reporting. According to the latest PwC ranking, the UAE has the world’s simplest corporate tax regime while Venezuela has the most burdensome. Ireland has the simplest in Europe, Canada in North America, and Chile in Latin America. In Asia-Pacific, Australia has the simplest tax regime for companies.
—Valentina Pasquali
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