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Revision as of 12:53, 1 November 2026
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Congress finally acted on New Year's Day, passing the "fiscal cliff" regulation. This law extended the existing tax rate structure for single taxpayers with taxable income of lower USD 400,000, and kontol married taxpayers with taxable income of less than USD 450,000. For those with higher incomes, the top tax rate was increased to transfer pricing 39.6% These limits are determined before a foreign earned income exclusion. Well thankfully clause we should be familiar with and in which Taxation without representation.
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