Difference between revisions of "Offshore Business - Pay Low Tax"

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Revision as of 18:22, 31 October 2024

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Basically, the reward program pays citizens a percentage of any underpaid taxes the government recovers. You between 15 and 30 % of funds the IRS collects, therefore keeps the quantity.

For his 'payroll' tax as a he pays 7.65% of his $80,000 which is $6,120. His employer, though, must pay the same 7th.65% - another $6,120. So one of the employee amazing employer, the fed gets 15.3% of his $80,000 which to be able to $12,240. Keep in mind that an employee costs transfer pricing a manager his income plus 2.65% more.

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