SAN MARINO #N/A

SAN MARINO #N/A
VALUE RANKING NOTES
TAXATION TOP TAX RATE PLACE AMONG COUNTRIES NOTES
INCOME TAX N/A - PROGRESSIVE TAX RATES
CORPORATE TAX N/A - FLAT TAX
CAPITAL GAINS TAX N/A - -
VALUE ADDED TAX N/A -
SIMPLE AVERAGE MOST-FAVORED-NATION TARIFF N/A -
INHERITANCE TAX N/A -
INTERNATIONAL TAXATION YES / NO # OF COUNTRIES - YES / NO NOTES
WORLD INCOME TAXABLE FOR CITIZEN RESIDENTS N/A 148 YES/47 NO -
WORLD INCOME TAXABLE FOR FOREIGN RESIDENTS N/A 142 YES/53 NO -
LOCAL INCOME TAXABLE FOR NON-RESIDENTS N/A 178 YES/17 NO -
LEGAL PROTECTION 1 = MOST FAVORABLE PLACE AMONG COUNTRIES NOTES
STRENGTH OF LEGAL RIGHTS 0.11 #174/187
STRENGTH OF INVESTOR PROTECTION N/A -
INVESTMENT FREEDOM YES / PARTIALLY / NO # OF COUNTRIES YES/PARTIALLY/NO NOTES
FREELY CONVERTIBLE CURRENCY YES 53 Y/20 P/125 N EUR USER
FOREIGN FREEHOLD PROPERTY OWNERSHIP NO 109 Y/18 P/71 N -
COST OF LIVING 1 = MOST FAVORABLE PLACE AMONG COUNTRIES NOTES
COST OF LIVING N/A - CHEAPER THAN US (US = 0.42)
INFLATION RATE PLACE AMONG COUNTRIES NOTES
AVERAGE ESTIMATED ANNUAL INFLATION FOR 2011-2018 1.6% #35/195 OPTIMAL RANGE IS 1.50 - 2.50%
Countries within the optimal inflation range (1.5-2.5%) are ranked highest, while countries with inflation rates lower or higher than 1.5-2.5% are ranked lower. For details on how countries are ranked according to their inflation rates, please click on "Inflation" in the first column of this table or select "By Indicator - Inflation" in the menu bar.
Sources are indicator-specific and can be accessed through the "By-Indicator" section or through the indicator links in the first column of this table.
The reciprocity principle states that foreigners are only allowed to invest in freehold property when locals are allowed to do the same in the foreigner's country of origin.