Blog Posts - Tax Rates



Malaysia tax rate second lowest in South-East Asia

Malaysia maintained its top rate of personal income tax at 26% in 2010, which was the second lowest rate compared with five other countries in South-East Asia, according to KPMG’s annual Individual Income Tax and Social Security Rate survey.
by TaxWorldWeb on Oct 22, 2012

Council questions changes to East Liverpool tax code

EAST LIVERPOOL – A revision to the city’s income tax code passed on first reading at this week’s City Council meeting, but not without some concern expressed by council members.
by TaxWorldWeb on Oct 21, 2012

Income Tax Slab Rates for Asst. Year 2013-14

Income Tax Slab Rates For Financial Year 2012-2013 i.e., Asst. Year 2013-2014 I. In case of Men Less than 60 yrs. and HUF: Income Level Tax Amount (At Normal Rate) i. If... [[ This is a content summary only. Visit www.gen...
by Indian Tax Updates on Oct 17, 2012

Taxes discussed, sort of, in the second presidential debate

-   The good news was that we finally got some tax talk last night during the second presidential debate between President Obama and Mitt Romney. The bad news was that we didn't get much more at the Hofstra University town hall session than wh...
by Security Tax Services on Oct 17, 2012

Weekend Reading Roundup v. 174

This weekend in the reading roundup: 'Scientists Discover How Social Isolation Damages Young Brains' by Jean Casella and James Ridgeway at solitarywatch.com 'The Terrorism Delusion' by John Mueller and Mark G. Stewardt in the journal International Se...
by Chasing Dragons on Sep 23, 2012

Ten Things to Know About Capital Gains and Losses

-   Did you know that almost everything you own and use for personal or investment purposes is a capital asset? Capital assets include a home, household furnishings and stocks and bonds held in a personal account. When you sell a capital...
by Security Tax Services on Jul 9, 2012

Get Ready for the New Investment Tax (Wall Street Journal)

-   It really is happening. Until this week, investors were waiting to see what the Supreme Court would do about the 3.8 percentage-point surtax on investment income, part of President Obama's health-care overhaul. The Internal Revenue Ser...
by Security Tax Services on Jul 3, 2012

Mitt's IRA "problem"

Romney's IRAone hundred million dollarsTaxed like salariesThis includes moneyWhich would be taxed much lowerIf not in IRASo he pays more taxBecause he used IRAHe should have just savedPeople who struggleTo put food on the tableMight like this problem...
by Political Haiku on Mar 30, 2012

US States Ranked by Bussiness Taxes

New research has ranked each state in America based on the total tax liabilities faced by businesses in the regions, showing which areas of the country are most beneficial for different types of commercial operations.
by TaxWorldWeb on Mar 28, 2012

Company tax likely to remain same

Lowering the company tax rate is unlikely, in the short term anyway, Treasury Secretary Gabriel Makhlouf says.
by TaxWorldWeb on Mar 18, 2012

Company tax plan too late, Hollande tells Sarkozy

French presidential favorite Francois Hollande on Wednesday dismissed a proposal by President Nicolas Sarkozy to squeeze more tax out of the country’s biggest companies as a late act of contrition after five years in power.
by TaxWorldWeb on Mar 7, 2012

Changes in the Distribution of Top Marginal Tax Rates, 1958-2009

The statutory rate structure of the federal individual income tax — the number and width of brackets and the level of rates — has changed significantly over time, as has the distribution of taxpayers across rates. This article examines how the to...
by TaxWorldWeb on Mar 6, 2012

Taxes on Meals Hitting US Diners’ Pockets

Meal taxes and sales taxes applied by local authorities in cities across the USA is placing a heavy cost on businesses and diners alike.
by TaxWorldWeb on Mar 5, 2012

Spain Suffer Under Europe’s Highest Tax Rate

Recent tax hikes in Spain have raised the fiscal obligations for taxpayers to the highest level in the countries of the European Union.
by TaxWorldWeb on Mar 1, 2012

CO2 And Car Tax Bands

In the United Kingdom, there is a tax which is paid by civilians who use their vehicles on public roads and this tax is called Road tax. There are some bands of cars made by the department of transport of the United Kingdom. This tax is charged on th...
by Our Happy Money on Feb 28, 2012

The Major Benefits of A Roth IRA

Below is a list of the potential Roth IRA benefits that could affect you, read each of them carefully to see if they apply to you or your contribution limits. Roth Benefits Tax Free Withdrawals – You are allowed to withdraw any contributions (m...
by Our Happy Money on Feb 28, 2012

5 Incredibly Expensive Places to Be a Taxpayer

The following guest article is from the folk at CreditcardCompare.com.au. Every taxpayer, at some time or other, tends to feel that taxes are too high and long to live somewhere with lower taxes. For residents of five countries, in particular, that f...
by JoeTaxpayer on Feb 27, 2012

What Do You Know About IRS Tax Brackets 2011

Income IRS Tax Brackets 2011 go up as a taxpayers earnings increase. Or so a good number people think. Tax bracekts, just akin to everything else concerning the IRS is much more complex than that. In fact, there are both mystifying tax rates and cryp...
by Our Happy Money on Feb 21, 2012

What You Should Know About Tax Brackets

There is nothing more perplexing than the IRS tax code. And further complicating concerns is the idea of tax rates. So a lot of taxpayers completely get it wrong. Tax attorney Anthony Parent explains what the myths are, and how to stay away from comm...
by Our Happy Money on Feb 16, 2012

102% Tax Rate? Really?

Investment manager James Ross last week told New York Times columnist James Stewart that his combined federal, state, and local tax rate was 102 percent. No doubt, Ross did pay a lot of tax to the feds and the two New Yorks, city and state. But did h...
by TaxWorldWeb on Feb 9, 2012


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