>"Of the 223 jurisdictions surveyed, 15 currently do not impose a general corporate income tax.

Except for the United Arab Emirates, all these jurisdictions are small, island nations. A handful, such as the Cayman Islands and Bermuda, are well-known for their lack of corporate taxes.

Countries without General Corporate Income Tax, 2020:

Country (Continent)

o Anguilla North (America)

o Bahamas North (America)

o Bahrain (Asia)

o Bermuda (North America)

o British Virgin Islands (North America)

o Cayman Islands (North America)

o Guernsey (Europe)

o Isle of Man (Europe)

o Jersey (Europe)

o Saint Barthelemy (North America)

o Tokelau (Oceania)

o Turks and Caicos Islands (North America)

o United Arab Emirates (Asia)

o Vanuatu (Oceania)

o Wallis and Futuna Islands (Oceania)"