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

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Revision as of 01:40, 23 October 2024

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If your salary is below $16,750 then you will have to pay around 10% of income tax. There isn't any you are single person and living a bachelor life you must have fork out more interest as the limit get only $8,375. Thus married couples are definitely in high profits.

In 2003 the JGTRRA, or Jobs and Growth Tax Relief Reconciliation Act, was passed, expanding the 10% tax bracket and accelerating some among the changes passed in the 2001 EGTRRA.

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