Taxation in New Zealand

The improvement is attributed to increased tax revenues (both direct and indirect taxes) due to rising employment along with simultaneous increases in wages and pensions

The process of transferring real estate is being gradually simplified with the abolition of certificates and the gradual activation of the electronic system implemented by the Ministry of Digital Governance.

The tax administration has just abolished the certificate on nonpayment of inheritance tax on real estate purchases.

The British island, located off the coast of France, has no capital gains or inheritance tax

Annual rates in US

All incomes from a series of sources should be taxed in the same way, according to an action plan prepared by the committee of experts led by Nobel Laureate Sir Christopher Pissarides.

Apart from the reduction of the corporate income tax from 28 to 24 percent and the halving of the tax on dividends from 10 to 5 percent, the government's draft tax bill includes a number of other incentives aimed at encouraging entrepreneurship, attracting highly skilled workers in Greece and bolstering investment activity to accelerate growth.

In its review of objective values - property rates used for tax purposes - the Finance Ministry is aiming to include real estate valued at an estimated 80-100 billion euros and at least 7,000 new areas in the system.

Property taxation will ease further next year, according to Finance Ministry plans, as the inclusion of new areas in the system of zone rates used for tax purposes (the "objective values" system) is creating some fiscal leeway for interventions as of 2020.

The Finance Ministry is considering the abolition of an amendment introduced by the previous government for a 10 percent average reduction of the Single Property Tax (ENFIA), the cost of which is estimated at 265 million euros, without ruling out New Democracy's own program on property taxation as of this year.

The Finance Ministry's blueprint for the adjustment of properties' taxable rates (known as "objective values") provides for hikes to the zone rates in the center of Athens and reductions in less well-off areas of the capital.