Rates of tax on taxable income after allowed deductions are 10 per cent for the first 2,000 of taxable income, 20 per cent for the next 2,000 of taxable income and 25 per cent thereafter.

The net addition to his taxable income was thus 6,135 NLG.

I have 2 individuals who make 100,000 each in taxable income.

It's going to be .28 x the increment above 87,850, so we have 100,000 of taxable income.

By virtue of the double taxation related agreement between the two countries, X will be allowed to deduct from taxable profit in home country A the taxable profit earned in host country B if the latter earnings are reinvested there.

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This is exacerbated by the fact that borrowers can deduct only nominal interest payments when calculating their taxable income.

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Meanwhile, state governments, seeing revenues fall as a result of lower taxable incomes last year, are cutting back like mad.

Act No. 25381 stipulates that native communities may not be considered taxable persons for the purposes of income tax payment.

We did the event. An event for 300 people,

It should support the event, not make the event.

However, taxable income in the sector is still growing at a slower rate than gross income as measured by national accounts.

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Similar systems of personal allowances that reduce taxable income based on family size were applied in the majority of national tax systems.