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  2. Taxation in the United States - Wikipedia

    en.wikipedia.org/wiki/Taxation_in_the_United_States

    Politics portal. v. t. e. The United States has separate federal, state, and local governments with taxes imposed at each of these levels. Taxes are levied on income, payroll, property, sales, capital gains, dividends, imports, estates and gifts, as well as various fees. In 2020, taxes collected by federal, state, and local governments amounted ...

  3. I Worked Two Jobs in 2023. Can I Get a Tax Credit for ... - AOL

    www.aol.com/finance/worked-two-jobs-2023-tax...

    The payroll or FICA tax comprises two primary components: the Social Security tax and Medicare tax Workers pay 6.2% in Social Security tax and another 1.45% in Medicare tax, for a combined flat ...

  4. Federal Insurance Contributions Act - Wikipedia

    en.wikipedia.org/wiki/Federal_Insurance...

    The Federal Insurance Contributions Act is a tax mechanism codified in Title 26, Subtitle C, Chapter 21 of the United States Code. [3] Social security benefits include old-age, survivors, and disability insurance (OASDI); Medicare provides hospital insurance benefits for the elderly. The amount that one pays in payroll taxes throughout one's ...

  5. Corporate tax in the United States - Wikipedia

    en.wikipedia.org/wiki/Corporate_tax_in_the...

    Since January 1, 2018, the nominal federal corporate tax rate in the United States of America is a flat 21% following the passage of the Tax Cuts and Jobs Act of 2017. State and local taxes and rules vary by jurisdiction, though many are based on federal concepts and definitions. Taxable income may differ from book income both as to timing of ...

  6. Taxation in Taiwan - Wikipedia

    en.wikipedia.org/wiki/Taxation_in_Taiwan

    However, their portion of the taxable income is reported on their individual income tax return. Income tax rate of profit-seeking enterprises. In 2010, the top tax rate was reduced from 25% to 17%, and the threshold below which no tax is owed was raised from NT$50,000 to NT$120,000.

  7. Payroll tax - Wikipedia

    en.wikipedia.org/wiki/Payroll_tax

    The tax is paid by employers based on the total remuneration (salary and benefits) paid to all employees, at a standard rate of 14% (though, under certain circumstances, can be as low as 4.75%). Employers are allowed to deduct a small percentage of an employee's pay (around 4%). [7] Another tax, social insurance, is withheld by the employer.

  8. Burger King legal issues - Wikipedia

    en.wikipedia.org/wiki/Burger_King_legal_issues

    Chidsey also apologized on behalf of the company for the comments made about the pickers and the behavior of Grover and Silversmith. Additionally, the company agreed to provide a ½¢ per pound payment to the CIW to cover payroll taxes and administrative costs for the tomato growers. Israel, Palestine, and the occupied territories

  9. Taxation in Puerto Rico - Wikipedia

    en.wikipedia.org/wiki/Taxation_in_Puerto_Rico

    On 29 July 2007, the government approved Law Number 80, making the tax mandatory for all municipalities of the commonwealth. Also, the tax rates were changed to 6% at the state level and 1% at the municipal level. On 1 July 2015, the sales tax rate was increased from 7% to 11.5%, in response to a suffering economy.

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