Mercer's Worldwide Individual Tax Comparator Report analysed the tax and benefits systems across 32 countries focusing on personal tax structures, average salaries and marital status. This data is used by multinational companies to structure pay packages for their expatriate and local market employees.
For single managers, the UAE is the most attractive tax environment according to percentage of net income available. The UAE ranks highly as it does not assess any income tax and the country's social security contributions amount to only five per cent of an employee's gross salary.Russia, ranked 2, applies a flat tax of 13 per cent across all income levels, while Hong Kong reaches rank 3, with taxes and social security contributions at 14.2 per cent of gross base salary.
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