roughly 400,000 bucks
Total income surpasses the million dollar mark.
Actually the million means 10,00,000 [10 lacks] it will change according to the dollar rate. Example if Justin Bieber earns $50 million then his income in Indian rupees is 50*10,00,000=50,000,000
how much is 8.5 million us dollar in figure.
125 * 10,00000 *48.95 (current value of dollar) = 6118.75 Lakhs
4 million dollar
The amount that a business's income is taxed depends on which of the eight tax brackets they are in which are based on overall profit. They can be taxed from 15% to 35%.
Total income surpasses the million dollar mark.
in Britain it is 17.5% tax rate and if that is your annual income then no.
Taxes will depend on where you live and your income.
Washington does NOT have any Personal Income TaxesNo state personal income taxRetirement Income: Not taxed.
Taxed at your ordinary income rate, which varies person by person, based on other income, deductions, dependents, losses, State rate, city rate, etc., etc. You understand that "winning a foreign lottery" is one of the most common frauds/scams that are found don't you?
Actually the million means 10,00,000 [10 lacks] it will change according to the dollar rate. Example if Justin Bieber earns $50 million then his income in Indian rupees is 50*10,00,000=50,000,000
The US government taxes it's citizens much worse than the British ever thought about. We are taxed on income; gasoline, tobacco, liquor, beer, wine, and everything else we use or purchase. Every dollar we make is taxed. Everything we buy, sell, or trade is taxed in one form or another.
how much is 8.5 million us dollar in figure.
Taxes in California are 9.75% so its about 10 cents on the dollar (10¢/1$)
Answer You get taxed at different rates for parts of you income: You are taxed 12.5% when you earn up to $14000 21% from $14001 - $40000 33% $40001 - $70000 39% $70001 + 45% with no IRD number You need to add on the ACC levy on top of this which is 1.4% for the 2009 financial year. Here is an example to work out how much you should be taxed: Johns taxable income for the year was $65238 up to $14000 at 12.5% = $1750 $14001 - $40000 at 21% = $5460 $40000 - $65238 @ 33% = $8328.54 Total tax to pay = $15538.54
They are only taxed on the interest. The money in the account should have already had its tax paid as income.