"Do any countries have taxes on assets instead of income?"
Not applicable to this situation, but zakat in Islamic countries requires a 2.5% payment to the government, similar to a tithe. This is why many of the theocratic Islamic countries have 0% income tax. It's always applied to assets above a certain amount, but some places apply it on income as well.
But the joke is that you can't run from taxes. If there's that much money floating around in one person's wallet, someone will figure out how to tax it. If it doesn't get taxed, well, someone will figure out how to rob him.
Not applicable to this situation, but zakat in Islamic countries requires a 2.5% payment to the government, similar to a tithe. This is why many of the theocratic Islamic countries have 0% income tax. It's always applied to assets above a certain amount, but some places apply it on income as well.
https://en.wikipedia.org/wiki/List_of_countries_by_tax_rates
But the joke is that you can't run from taxes. If there's that much money floating around in one person's wallet, someone will figure out how to tax it. If it doesn't get taxed, well, someone will figure out how to rob him.