Tax FAQ
 

How Could Progressives State That The Current Tax Rate Left Unchanged Add To The Deficit?

They are reckon liars and need to be called out. They have been ib effect for 5 to 10 years (2001-2006) and are established as the current rate.
Why do we have to pay attention to to the progressive spin? Even if you say they ar temporary, then you can only claim to increase the tax rate, not cut it.


Answer: It doesn't, what it does is demise the money in the hands of the people that actually earned it.
 
 

Why Does The Liberal Media Call The Current Tax Rate A Tax Cut?

They are the rates and Democrats inadequacy to increase the tax rates again.
A cut is the immediate action. Once they are cut it is the Tax Rate.
To increase the Tax Rate is a Tax Increase.


Answer: It actually is a TAX INCREASE being proposed but. like the government, the colluding media wants everyone to hold that what they do not have, meaning monies earned by you, is theirs to take! This is also why they claim it will "depressed the deficit" when it is not even part of the equation unless they count money not taken from you yet as THEIRS ALREADY... They, like the regulation, have obviously never heard of the "Laffer Curve"...

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Income Tax For Free
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Income Tax Year

 
 

What Is The Current Tax Rate For Capital Gains In The Philippines, And How Is It Calculated?

When selling a authentic estate property in the Philippines, is there a any way you can defer paying the capital gain tax? If I have to over persuaded my property for P6.5M how much would I be paying on CG.


Answer: Ripping Gains Tax is a tax imposed on the gains presumed to have been realized by the seller from the sale, trade, or other disposition of capital assets located in the Philippines, including pacto de retro sales and other forms of conditional traffic.

Your property is classified as Capital Assets, meaning, this properties are not used in interrelationship with trade, business, or as an income source by the owner.
On the other hand, properties occupied in trade or business

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Computation Income Tax
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What Is The Current Tax Rate On Oil Company Profits?

For all the discussion about whether they are being taxed enough, I'd like to know what their current tax rate is on their "obscene" profits.


Answer: Look up Corporate tax lex scripta 'statute law'. It is much larger than what we as individuals pay. You also need to take into consideration all the permits, etc they have to pay and file.

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School Tax Credit
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What Is The Current Expat Tax Rate In Belgium This Year?

Im a US voter planning to move to Belgium and working and living there.

What is the current expat tax rate in Belgium this year? What do I need to temper for the expat tax rate?


Answer: Same as always.

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The Impact of the New Dividend Tax | eDividendStocks

Under the current tax rate, that investor will have $17,000 in after-tax gains. If that is allowed to come about, dividend return will then be taxed at investor’s borderline tax rate. The 15% dividend tax rate was implemented by former President Bush as part of his heart-grade tax cuts in 2003. Let’s take a look at how the new dividend tax will bump investor’s after-tax returns using the protracted-come to vend assumptions of a 12% report (composed of 5% from dividend receipts and 7% from cache worth gains). For some investors this could raid their tax rate from 15% all the way up to 39. Take for illustration an investor that has built a dividend portfolio that receives $20,000 in dividend return each year. Unfortunately, that tax cut was only fugitive and is now set to finish at end of this year....

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