Yemen

(Draft Bill)

YR35,000 monthly Basic Income per citizen under a YR420,000 yearly income

YR250 an hour minimum wage (including gig work)

20% consolidated flat tax over YR120,000 a year (with double taxation)

20% corporate tax on profits

20% value added tax tax on each stage of sale (paid quarterly)

20% value added tax on imports

VAT tax registration over YR120,000 a year

Sole trader registration over YR120,000 a year

Estimated Revenue: YR5 trillion a year (YR100 billion surplus a year)