Capital gains tax in the United States
In the United States of America, individuals and corporations pay U.S. federal income tax on the net total of all their capital gains. The tax rate depends on both the investor's tax bracket and the amount of time the investment was held. Short - term capital gains are taxed at the investor's ordinary income tax rate and are defined as investments held for a year or less before being sold. Long - term capital gains, on dispositions of assets held for more than one year, are taxed at a lower rate.
Wars of the Roses
Queen Margaret and her son had fled to north Wales, parts of which were still in Lancastrian hands. They later travelled by sea to Scotland to negotiate for Scottish assistance. Mary of Gueldres, Queen Consort to James II of Scotland, agreed to give Margaret an army on condition that she cede the town of Berwick to Scotland and Mary's daughter be betrothed to Prince Edward. Margaret agreed, although she had no funds to pay her army and could only promise booty from the riches of southern England, as long as no looting took place north of the River Trent.
Estonia
Since re-establishing independence, Estonia has styled itself as the gateway between East and West and aggressively pursued economic reform and integration with the West. Estonia's market reforms put it among the economic leaders in the former COMECON area.[citation needed] In 1994, based on the economic theories of Milton Friedman, Estonia became one of the first countries to adopt a flat tax, with a uniform rate of 26% regardless of personal income. In January 2005, the personal income tax rate was reduced to 24%. Another reduction to 23% followed in January 2006. The income tax rate was decreased to 21% by January 2008. The Government of Estonia finalised the design of Estonian euro coins in late 2004, and adopted the euro as the country's currency on 1 January 2011, later than planned due to continued high inflation. A Land Value Tax is levied which is used to fund local municipalities. It is a state level tax, however 100% of the revenue is used to fund Local Councils. The rate is set by the Local Council within the limits of 0.1–2.5%. It is one of the most important sources of funding for municipalities. The Land Value Tax is levied on the value of the land only with improvements and buildings not considered. Very few exemptions are considered on the land value tax and even public institutions are subject to the tax. The tax has contributed to a high rate (~90%) of owner-occupied residences within Estonia, compared to a rate of 67.4% in the United States.
Revenue Act of 1943
The United States Revenue Act of 1943 increased federal excise taxes on, among other things, alcohol, jewelry, telephones, and admissions, and raised the excess profits tax rate from 90% to 95%.
Bank rate
Bank rate in India is determined by Reserve Bank of India (RBI). It is the rate at which RBI gives loan to commercial banks with collateral (RBI act 1934 sec. 49) The RBI also provides short term loans to its clients (keeping collateral) which is called the repo rate. RBI revises this rate periodically. However, there is no predetermined schedule. The repo rates are changed re-actively depending on the economy. Like other countries, repo rates affect the money flow into the nation's economy and affect the inflation and commercial banks' lending or interest rate The Indian bank rate is 6.25%, which is same as the rate for Marginal Standing Facility (MSF)
Canada small business tax rate
In Canada, the small business tax rate is the tax rate paid by a small business. As of 2016, the small business tax rate is 10.5%.
Social Security Wage Base
In 2018, the Social Security Wage Base was $128,400 and the Social Security tax rate was 6.20% paid by the employee and 6.20% paid by the employer. A person with $10,000 of gross income had $620.00 withheld as Social Security tax from his check and the employer sent an additional $620.00. A person with $130,000 of gross income in 2017 incurred Social Security tax of $7,886.40 (resulting in an effective rate of approximately 6.07% - the rate was lower because the income was more than the 2017 ``wage base '', see below), with $7,886.40 paid by the employer. A person who earned a million dollars in wages paid the same $7,886.40 in Social Security tax (resulting in an effective rate of approximately 0.79%), with equivalent employer matching. In the cases of the $130 k and $1 m earners, each paid the same amount into the social security system, and both will take the same out of the social security system.
Monarchy of the United Kingdom
The Royal coat of arms of the United Kingdom are "Quarterly, I and IV Gules three lions passant guardant in pale Or [for England]; II Or a lion rampant within a double tressure flory-counter-flory Gules [for Scotland]; III Azure a harp Or stringed Argent [for Ireland]". The supporters are the Lion and the Unicorn; the motto is "Dieu et mon droit" (French: "God and my Right"). Surrounding the shield is a representation of a Garter bearing the motto of the Chivalric order of the same name; "Honi soit qui mal y pense". (Old French: "Shame be to him who thinks evil of it"). In Scotland, the monarch uses an alternative form of the arms in which quarters I and IV represent Scotland, II England, and III Ireland. The mottoes are "In Defens" (an abbreviated form of the Scots "In My Defens God Me Defend") and the motto of the Order of the Thistle; "Nemo me impune lacessit". (Latin: "No-one provokes me with impunity"); the supporters are the unicorn and lion, who support both the escutcheon and lances, from which fly the flags of Scotland and England.
Sales taxes in the United States
Since January 2017, 5 states (Alaska, Delaware, Montana, New Hampshire and Oregon) do not levy a statewide sales tax, while California has the highest state sales tax with a base rate of 7.25%. (The territory of Puerto Rico has a higher 10.5% value added tax since April 2016). In some states such as California, counties and cities impose additional sales taxes, and total sales taxes can be over 11%.
Tennessee
The Tennessee income tax does not apply to salaries and wages, but most income from stock, bonds and notes receivable is taxable. All taxable dividends and interest which exceed the $1,250 single exemption or the $2,500 joint exemption are taxable at the rate of 6%. The state's sales and use tax rate for most items is 7%. Food is taxed at a lower rate of 5.25%, but candy, dietary supplements and prepared food are taxed at the full 7% rate. Local sales taxes are collected in most jurisdictions, at rates varying from 1.5% to 2.75%, bringing the total sales tax to between 8.5% and 9.75%, one of the highest levels in the nation. Intangible property is assessed on the shares of stock of stockholders of any loan company, investment company, insurance company or for-profit cemetery companies. The assessment ratio is 40% of the value multiplied by the tax rate for the jurisdiction. Tennessee imposes an inheritance tax on decedents' estates that exceed maximum single exemption limits ($1,000,000 for deaths in 2006 and thereafter).
Service Tax
Service tax was a tax levied by Central Government of India on services provided or agreed to be provided excluding services covered under negative list and considering the Place of Provision of Services Rules, 2012 and collected as per Point of Taxation Rules, 2011 from the person liable to pay service tax. Person liable to pay service tax is governed by Service Tax Rules, 1994 he may be service provider or service receiver or any other person made so liable. It is an indirect tax wherein the service provider collects the tax on services from service receiver and pays the same to government of India. Few services are presently exempt in public interest via Mega Exemption Notification 25 / 2012 - ST as amended up to date and few services are charged service tax at abated rate as per Notification No. 26 / 2012 - ST as amended up to date. Presently from 1 June 2016, service tax rate has been increased to consolidated rate at 14% + 0.5% + 0.5% = 15% of value of services provided or to be provided. The service tax rate now is consolidated rate as education cess and secondary higher education cess are subsumed with 2% of ``Swach Bharat Cess (0.50%) ''has been notified by the Government.
Taxation in the Republic of Ireland
In Ireland there is an income tax, a value added tax (VAT), and various other taxes. Employees pay pay - as - you - earn (PAYE) taxes based on their income, less certain allowances. The taxation of earnings is progressive, with little or no income tax paid by low earners and a high rate applied to middle to top earners, the top marginal rate of tax (including USC and PRSI) is 52%. However a large proportion of central government tax revenue is also derived from VAT, excise duties and other taxes on consumption. The standard rate of corporation tax is among the lowest in the world at 12.5%.
Montana
Montana's personal income tax contains 7 brackets, with rates ranging from 1 percent to 6.9 percent. Montana has no sales tax. In Montana, household goods are exempt from property taxes. However, property taxes are assessed on livestock, farm machinery, heavy equipment, automobiles, trucks, and business equipment. The amount of property tax owed is not determined solely by the property's value. The property's value is multiplied by a tax rate, set by the Montana Legislature, to determine its taxable value. The taxable value is then multiplied by the mill levy established by various taxing jurisdictions—city and county government, school districts and others.
Two for the Lions
Two for the Lions is a 1998 historical mystery crime novel by Lindsey Davis and the 10th book of the Marcus Didius Falco Mysteries series. Set in Rome and Tripolitania between December AD 73 and May AD 74, during the reign of Emperor Vespasian, the novel stars Marcus Didius Falco, informer and imperial agent. The title refers to the execution of criminals in the arena, by trained lions.
Taxation in Puerto Rico
On July 4, 2006, the government approved Law Number 117, The 2006 Contributive Justice Law, establishing a tax with a 5.5% rate at state level and an optional 1.5% rate at municipal level. The tax went into effect on November 15, 2006. The tax is better known as the Sales and Use Tax '(Impuesto sobre Ventas y Uso), often referred to by its Spanish acronym ``IVU ''. The law amended Article B of the Code and created subarticle BB. On July 29, 2007, the government approved Law Number 80, making the tax mandatory for all municipalities of the island. Also, the tax rates changed to 6% at the state level and 1% at the municipal level.
Sales taxes in the United States
California, from 1991 to 2012 and since 2017, has a base sales tax of 7.25% (composed of a 6% state tax and a 1.25% uniform local tax) -- the highest statewide sales tax rate in the nation. The tax can total up to 10.25% with local sales tax included, depending on the city in which the purchase is made. Sales and use taxes in the state of California are collected by the publicly elected Board of Equalization, whereas income and franchise taxes are collected by the Franchise Tax Board. Many cities have a combined total sales tax of at least 8.75%.
Goods and Services Tax (New Zealand)
The rate for GST effective since 1 October 2010 is 15%. This 15% tax is applied to the final price of the product or service being purchased and goods and services are advertised as GST inclusive.
Capital gains tax
Currently, only 50% of realized capital gains are taxable in Canada at an individual's tax rate. Some exceptions apply, such as selling one's primary residence which may be exempt from taxation. Capital gains made by investments in a Tax - Free Savings Account (TFSA) are not taxed.
Personal allowance
Married Man's allowance was the allowance for a legally married couple. The allowance was given at the man's highest rate of tax. During the early 1990s the then Chancellor Norman Lamont overhauled the allowance and introduced the 10% allowance, which meant that all men had the same amount of money in their pocket, irrespective of highest tax rate. The allowance was scrapped from April 2000, first being announced in Gordon Brown's 1999 budget, with the exception of people married or in civil partnerships where one spouse was born before 6 April 1935.
United Kingdom corporation tax
Originally introduced as a classical tax system, in which companies were subject to tax on their profits and companies' shareholders were also liable to income tax on the dividends that they received, the first major amendment to corporation tax saw it move to a dividend imputation system in 1973, under which an individual receiving a dividend became entitled to an income tax credit representing the corporation tax already paid by the company paying the dividend. The classical system was reintroduced in 1999, with the abolition of advance corporation tax and of repayable dividend tax credits. Another change saw the single main rate of tax split into three. Tax competition between jurisdictions reduced the main corporate tax rate from 28% in 2008 - 2010 to a flat rate of 20% as of April 2015.
What is the marginal rate of tax in the country with a coat of arms of a stringed agent, the way a lion is to the country they traveled to?
Where do they travel to?
Scotland
A lion is to #1 as a stringed agent is to?
Ireland
what is the marginal rate of tax in #2
52%