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i am single with four children. how much would the taxes be on 10 million dollars?
mention 10 income exempt from tax
I am not sure about US tax but in the UK you could claim a capital loss BUT only if you sell the stocks. (If you don't sell then in 10 years they could be worth 100000 dollars) Also in the UK you could not offset the loss against income only against tax on a capital gain (selling stocks at a profit).
Tax is calculated as a percent from income/transaction. Cess is calculated on tax. Example: Income: 1,00,000 Tax: 10% Cess: 5% Tax= 10% of 1,00,000= 10,000 Cess= 5% of tax= 5% 0f 10,000= 500
income limit for assessment year 2009-10
i am single with four children. how much would the taxes be on 10 million dollars?
1 in a million
mention 10 income exempt from tax
14% Income tax- Co is 29% Income tax - STC(on dividends) is 10%
MICHAEL SCHUMACHER, 8 million US dollars per year salary plus private income of 10 million US dollars from advertising contracts.
Three quarters of a million dollars is $750,000.
Roughly 1% of Americans have a net worth of $10 million or more. This percentage corresponds to about 1.32 million individuals in the United States.
Yes. It is possible to open a company with 10 million dollars.
1.5 million Dollars.
$90.00 + 10% tax= $99.00
As of 2007, in order to be considered a top 10% income earner, your pre-tax gross income must have totaled approx. $108,000 or more.
10 percent of 357 million dollars is 35.7 million dollars