Tax stability ranking

    Which countries change their rules most?

    Over the last 24 months, Heed recorded the fewest rule changes for Puerto Rico, Andorra and Bermuda, and the most for the United Kingdom, the United States and Australia.

    The ranking.

    A low rate is worth less if the rules keep moving. Heed counts every change it recorded for each country over the last 24 months: tax, residency, banking, company and reporting rules, including proposals, early signals it is following and changes announced for a later date. The count follows what Heed reads, so a country with fewer official sources on record can look calmer than it is.

    Steadiest firstChanges recorded, 24 and 12 months
    1. 1Puerto Rico00
    2. 2Andorra10
    3. 3Bermuda10
    4. 4Mauritius10
    5. 5Argentina11
    6. 6Cayman Islands11
    7. 7Czech Republic11
    8. 8Finland11
    9. 9Georgia11
    10. 10Isle of Man11
    11. 11Kazakhstan11
    12. 12Saudi Arabia11
    13. 13Belgium22
    14. 14Colombia22
    15. 15Dominican Republic22
    16. 16Israel22
    17. 17Nigeria22
    18. 18Taiwan22
    19. 19Estonia32
    20. 20China33
    21. 21Kenya33
    22. 22Panama33
    23. 23Uruguay33
    24. 24Gibraltar44
    25. 25Greece44
    26. 26South Africa44
    27. 27South Korea44
    28. 28Vietnam55
    29. 29Croatia65
    30. 30Cyprus66
    31. 31India86
    32. 32Malta1212
    33. 33Mexico1212
    34. 34Brazil1312
    35. 35Luxembourg1916
    36. 36Portugal2120
    37. 37Indonesia2319
    38. 38Spain2624
    39. 39Malaysia2826
    40. 40Thailand2927
    41. 41United Arab Emirates3025
    42. 42Hong Kong3326
    43. 43Italy3329
    44. 44Germany3533
    45. 45Switzerland3535
    46. 46Japan3636
    47. 47France3836
    48. 48Ireland4240
    49. 49Singapore4945
    50. 50Netherlands5147
    51. 51Canada5246
    52. 52New Zealand5555
    53. 53Australia7877
    54. 54United States7966
    55. 55United Kingdom133125

    No changes recorded yet for Armenia, Austria, Azerbaijan, Botswana, Bulgaria, Cambodia, Chile, Costa Rica, Denmark, Ecuador, Ghana, Hungary, Iceland, Jamaica, Jersey, Jordan, Kosovo, Latvia, Lebanon, Liechtenstein, Monaco, Morocco, Norway, Oman, Pakistan, Peru, Philippines, Poland, Qatar, Romania, Russia, Serbia, Slovenia, Sweden and Turkey. That can mean steady rules or a source Heed is still adding.

    Questions

    What people ask.

    Members get each change the day it is confirmed, with what it means for their own position.

    Among the countries Heed covers in its guides, the United Kingdom had the most rule changes on Heed's record over the last 24 months: 133.

    Among the countries Heed covers in its guides, Puerto Rico had the fewest rule changes on Heed's record over the last 24 months: 0.

    Heed counts every change it has recorded for each country over the last 24 months: tax, residency, banking, company and reporting rules, including proposals, early signals it is following and changes already announced for a later date. Fewer changes means a steadier place to plan.

    From the same guides: the countries with no income tax, the lowest tax countries and the highest.