Only two things in life are guaranteed, according to an old proverb: death and taxes. Taxes can be expensive, but there are many benefits to paying them.

Taxes are used to pay for a wide range of publicly supported services, including the armed forces, public schools, parks, highways, and police and fire departments, as well as public retirement and health programmes.

Simply, taxes give a nation the money it needs to survive.

In this video, we’ll compare world countries with highest taxes by income tax, sales tax, and corporate tax.

You can find the list of top 10 world countries with highest taxes in 2022 below, according to which a west African country Côte d'Ivoire is the highly taxed country.

Côte d'Ivoire 60%
Finland 56%
Japan 55%
Austria 55%
Denmark 55%
Sweden 52%
Aruba 52%
Belgium 50%
Israel 50%
Slovenia 50%

And the list given below is the list about which countries have the lowest tax rates that is 0% taxes on income:

Bermuda
Cayman Islands
Bahamas
Brunei
Bahrain
Qatar
Kuwait
Oman
United Arab Emirates
Saudi Arabia

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