A Reputation Taxes - Part 1: Difference between revisions

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Revision as of 16:01, 22 September 2024

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3 A 3. All individuals invest tax @ 15.00 % of revenue over first Rs. 4,00,000/-. No slabs, no deductions, no exemptions, no incentives and no allowances.No distinction in dynamics and transfer pricing revenue stream.

For example, most of folks will fall in the 25% federal tax rate, and let's guess that our state income tax rate is 3%. Presents us a marginal tax rate of 28%. We subtract.28 from 1.00 coming out of.72 or 72%. This means that any non-taxable charge of 8.6% would be the same return as a taxable rate of 5%. That was derived by multiplying 5% by 72%. So any non-taxable return greater than 3.6% would be preferable to taxable rate of 5%.

If you believe taxes are high now, wait till 2011. Within the federal, state and local governments, you can be paying added than now you are. Plan sell ahead of time and you should be competent to limit the damage.

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