Which States Have No Income Tax?

National income tax refers to a tax levied by the Finnish central government on the income of legal persons and individuals. Taxpayers are classified into legal person residents, individual residents, non-resident legal persons, and non-resident individuals. Taxes are levied on legal persons and individual residents for all income derived from within and outside Finland; for non-resident legal persons and individuals, only withholding tax is levied on income derived from Finland. State income tax is calculated on the basis of taxable income. In calculating taxable income, legal persons may deduct dividends paid and investment reserve established in accordance with regulations. Individual residents can deduct a certain amount of basic deductions and additional deductions. ^[1]