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It is debit on your accounts
That will depend on their income. Every millionaire would be different as their income would be different. It will also depend on the local rates of taxation and other regulations where they live.
Tax rates are the percentages used to calculate the amounts that you will need to pay to the government to which you owe taxes.With the United States federal taxes, there are several rates that require you to calculate your taxes. The rates in the U.S. are made in a progressive fashion, which means the more income you have, the higher tax rates you will have to pay.
You need to inquire at your local tax assessor. Real estate taxes vary from town to town and are charged at different rates for the various types of property: residential, commercial, agricultural, forest, recreation, etc.
There is Income taxes, sales taxes, property taxes and school taxes but probably much more than that.
Commercial mortgages interest rates are different from residential mortgages, commercial mortgages are taxed a little different and these taxes affect the interest rates to increase.
That depends on the rate of tax, and that can be different in different places. There can even be different tax rates on different items that you buy in the same store.
There is no simple answer to that. Every farmer would be different as their income would be different. It will also depend on the local rates of taxation and other regulations where they live.
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firoz tughlaq
It is debit on your accounts
That will depend on their income. Every millionaire would be different as their income would be different. It will also depend on the local rates of taxation and other regulations where they live.
NO -- you will probably have to pay taxes on any income they generate, different types of income are taxed a different rates. If you sell the stock for a profit you will owe some tax, the rate depends on how long you held the investment and your marginal tax rate.
Tax rates are the percentages used to calculate the amounts that you will need to pay to the government to which you owe taxes.With the United States federal taxes, there are several rates that require you to calculate your taxes. The rates in the U.S. are made in a progressive fashion, which means the more income you have, the higher tax rates you will have to pay.
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Ireland has different rates of tax, and different kinds of tax. The two main rates for employment, for the tax year 2012, are 20% for earnings up to €32,800 and 41% after that. See the website below for information on all sorts of tax information in Ireland.
There are lots of taxes and lots of rates.