Actual current time in Cancun, Mexico, DST, Daylight Savings Time conversion dates 2015, GMT offset, fall time change 2015 Cancun clock.
Flat tax. A flat tax is exactly what it sounds like: a consistent tax rate applied to all tax brackets. A true flat tax would mean, as Dr. Carson explained, that everyone would pay the same tax rate regardless of income (he suggested 10% since that âworks for Godâ). Flat taxes are usually imposed on wages only, meaning that thereâs no tax on capital gains or investments.
Unrelated Business Income Tax (UBIT/UBTI) Facts and Definition: Solo 401k | Self-Directed 401k. 1  UBIT does not apply to Solo 401k real-estate purchases. 2  UBIT does apply to Solo 401k that invests in a trade or business. 3  UBIT is paid only on income of $1,000 or more from a trade or business.