15/05/2007 10:20:52 am
Getting Flatter. The so-called flat tax revolution continues. Today, 16 countries have some sort of flat tax; the same percentage tax rate for all. And most of these countries enjoy very high economic growth. Here is an updated list by Dan Mitchell, also containing countries that will introduce flat tax or are considering it:

Flat Tax Jurisdictions

Jersey 1940 20%
Hong Kong 1947 16%
Guernsey 1960 20%
Estonia 1994 22%
Latvia 1995 25%
Lithuania 1996 27%
Russia 2001 13%
Serbia 2003 14%
Slovakia 2004 19%
Ukraine 2004 15%
Romania 2005 16%
Georgia 2005 12%
Iceland 2007 35,7%
Mongolia 2007 10%
Kyrgyzstan 2007 10%
Macedonia 2007 12%

Future Flat Tax Jurisdictions

Montenegro 2007 (July) 15%
Mauritius 2009 15%

Active Consideration

Albania 2008 10%
Czech Republic 2008 15%
East Timor 2008? 5-10%

Read the entire article by Dan here - >