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

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Revision as of 05:51, 22 October 2024

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Contributing an insurance deductible $1,000 will lower the taxable income on the $30,000 each and every year person from $20,650 to $19,650 and save taxes of $150 (=15% of $1000). For that $100,000 1 year person, his taxable income decreases from $90,650 to $89,650 and saves him $280 (=28% of $1000) - almost twice as much!

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Managing an offshore bank-account from in U.S. transfer pricing is not only just stupid, it's a death believe. In case you don't watch the news, these government guys are very, types about catching people like everyone else and making examples individual.

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