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Countries With Zero Income Taxes

To paraphrase Benjamin Franklin: The only things certain in life are death and taxes. And sure enough, millions around the world file taxes every year.

Personal income taxes are a huge source of revenue for governments globally, and the debate on taxes is a hot-button issue in the U.S. presidential election.

But, there are some countries where you can be 100 percent certain that you don’t have to pay income tax.

We’ve put together a list of eight countries that have no income tax, based on KPMG’s 2011 survey of 96 countries. Some of the countries are well-known tax havens, while others have managed to use natural resources to fund government expenses.

So, which countries have no personal income tax? Click ahead to find out.

By Rajeshni Naidu-GhelaniPosted: July 12, 2012