History For The Federal Tax: Difference between revisions

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Latest revision as of 01:16, 6 October 2024

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The Tax Reform Act of 1986 reduced techniques rate to 28%, in the same time raising transfer pricing backside rate from 11% to 15% (in fact 15% and 28% became simply two tax brackets).

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B) Interest earned, but not paid, during a bond year, must be accrued after the bond year and reported as taxable income for that calendar year in in which the bond year ends.

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