For the 13th year in a row, Estonia is the country with the most competitive tax code in the Organisation for Economic Co-operation and Development, according to the Tax Foundation’s annual International Tax Competitiveness Index.
Estonia’s top score is driven by four positive features of its tax system.
“First, it has a 22 percent tax rate on corporate income that is only applied to distributed profits. Second, it has a flat 22 percent tax on individual income that does not apply to personal dividend income,” the Tax Foundation says.
“Third, its property tax applies only to the value of land, rather than to the value of real property or capital.
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