Here Are the Five Countries with the Highest Income Tax

By Faustine Ngila, Quartz (TNS)

Côte d’Ivoire citizens pay the highest income taxes in the world according to this year’s survey findings by World Population Review.

While both its sales and corporate tax regimes may be considerably lower than those of other countries globally, at 60%, Côte d’Ivoire’s income tax rates are markedly higher compared to developed countries.

Only Finland (56.95%), Japan (55.97%), Denmark (55.90%), and Austria (55%) closely follow Côte d’Ivoire to round up the top five countries with the highest income tax, in a study that surveyed over 150 countries.

The world’s top 10 tax havens, according to the study, are Luxembourg, Cayman Islands, Isle of Man, Jersey, Ireland, Mauritius, Bermuda, Monaco, Switzerland, and the Bahamas.

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