Want this question answered?
In India, there is no tax to be paid for income upto Rs 200 000.
Yes you would be required to file a 1040 federal and state income tax return to report your income for the tax year.
The tax rate for a $125,000 per year salary would be up to 25%. This would be up to $31,250 per year in taxes.
The amount of tax that you would have to pay on aR350 000 will depend on the amount of excetions on your taxes. It will also depend upon your filing as single, or married.
According to BP's website and their 2009 press release on profits, BP's replacement cost profit for 2009 was 13,955 million. Their effective taxe rate on that profit was 33% so they paid 4,605.15 million in taxes. I do not know how much of the difference was true profit, but they definitely pay a lot in taxes. The above ans is interesting but using terms, and I suspect is done using number reporting in shortened convention (as in dropping (000)s like, most financials), but especially terms that would take literally year to try and explain to a tax or accounting layman. Yes BP pays US taxes....BILLIONS of dollars in income tax alone (their US income was well int the multi 10s of Bills)....and many Bs more in severance (a form of natural resource tax), and uncountable others.
In India, there is no tax to be paid for income upto Rs 200 000.
Yes you would be required to file a 1040 federal and state income tax return to report your income for the tax year.
1.000 000 000 000 000 000
As a nurse, you can expect to make anywhere from nineteen to thirty six dollars an hour, or a yearly income of 40, 000$ to 80, 000$. Bonuses range from under 100$ to 3000$.
37 000 000 $
60 000 $
15 000 to 25 000 depending on the employer
1000 X your marginal tax rate = $$$ The amount could be from -0- % to the maximum 35 % rate after the 1000 is added to all of your other gross worldwide income on your 1040 income tax return. !000 X .10 = 10 !000 X .35 = 350
$ 6 000 / Year
$600 000
Hey I'm also a WWE fan and Batista gets around $813 000 yearly.
R10 000