Dubai in UAE is the best place, 0% taxation for companies.
Guess why it is not in the list!
France number 5 with 60% taxes on gains? That must be a joke.
This rating is complex, and not only based on taxation. These ratings are based on such factors as the volume of trade and mining, the development of the legislative framework, institutions, the financial sector and central banks in the country.
This is written in the article, as part of the explanation of the methodology:
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https://coincub.com/ranking/the-coincub-q2-global-crypto-ranking-categories-2022/#sp_h_148310We can understand the reasoning of this list if we read the explanation of why such rating.
This is not only about taxation but as we can see, they have several factors that they rated.
But I noticed, in the list, we can see that these countries are countries that have good economies.
Which translates that progressive countries are more open with crypto market.