Discussion about deep stops is not new to the scientists studying decompression safety. Since Haldane first established decompression tables, the depth of the first stop has been debated. The answers varied over time, depending on prevailing contemporary dive practices and concerns.
So, if you are earning $50,000 in salary and 15,000 in retirement benefits in France, the income reported on your U.S. tax return is $65,000. You might have foreign tax credits to offset the $50,000, but no credits to cover the $15,000.f course, if you are operating a small business, and your income is less than the Foreign Earned Income Exclusion ($99,200 in 2014), you donât need to be concerned with a pension, be it foreign or domestic. Now that Iâve buried the lead in the 5 th paragraph, letâs talk about the foreign pension tax trap.
1 Foreign income is federally tax-exempt up to a maximum of $97,600 if you are employed by a multinational company and work abroad for an entire year, Scharin says. That rate can actually be zero for those in the 10 percent or 15 percent tax brackets, Scharin says. 2  A married couple with adjusted gross income below $72,500 and single taxpayers below $36,250 might pay no tax on net capital gains.