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Version actuelle datée du 31 octobre 2024 à 05:13
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Through the proposed DTC / GST legislations, federal government has acknowledged the need of new revenue system nevertheless the proposed new laws apparently appear being even complex then the present one.
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For example, most among us will along with the 25% federal tax rate, and let's suppose that our state income tax rate is 3%. Presents us a marginal tax rate of 28%. We subtract.28 from 1.00 posting.72 or 72%. This means that your non-taxable interest rate of 10.6% 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% may preferable several taxable rate of 5%.
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