Dual Rate Income Tax
外汇网2021-06-19 14:00:35
56
An income tax rate structure in which two different tax rates are charged depending on income levels. All income will be taxed at the lower rate up to the cutoff income tax point and all income above the cutoff point is taxed at the higher rate. This is similar to a flat tax structure but instead of just one rate, it has two.
This tax structure is often considered to simplify the overall structure of the tax system by eliminating most tax deductions and loopholes. For example, an income tax system using a dual rate structure may charge 20% on all income up to $100,000 and charge 25% on every dollar of taxable income above $100,000. Therefore, if you had an income of $150,000, your tax owed would be $32,500 ($100,000 x 20% + $50,000 x 25%).
标签:
- 上一篇: Unstated Interest Paid
- 下一篇: Clearance Certificate
随机快审展示
加入快审,优先展示
推荐文章
- 黑马在线:均线实战利器 8259 阅读
- 短线交易技术:外汇短线博弈精讲 3692 阅读
- MACD震荡指标入门与技巧 3829 阅读
- 黄金操盘高手实战交易技巧 4103 阅读
- 做精一张图 2973 阅读
热门文章
- 港币符号与美元符号的区别是什么啊? 23021 阅读
- 我国各大银行汇率为什么不一样啊? 13137 阅读
- 越南盾对人民币怎么算的?越南盾对人民币汇率换算方法是什么 9307 阅读
- 百利好环球欺诈,不给出金,无法联系。 8498 阅读
- 黑马在线:均线实战利器 8259 阅读