Difference between revisions of "Offshore Business - Pay Low Tax"
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Revision as of 17:40, 7 January 2025
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Remember, a personal exemption of $3650 is not deducted on tax but on your taxable income. Say for example your filing status is 'married filing jointly' with original taxable income of $100,000. This makes you under the marginal tax rate of 25%. The actual money you can save on personal exemption is $912.50 (calculation is simple: $3650 multiplied by 25%). For you to your spouse, that'll be multiplied by two as well as save $1825.
No Fraud - Your tax debt cannot be related to fraud, to wit, leads to owe back taxes transfer pricing since you failed to pay for them, not because you played funny on your tax bring back.
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