Sentences with phrase «payable at your marginal tax rate»
Tax is payable at your marginal tax rate.
http://www.moneysense.ca/ Not exact matches
For example, corporate dividends payable to minor children are already taxed at the highest marginal rate — essentially removing the incentive to split income.
FTDT is payable at the top marginal rate of tax applying to individuals plus Medicare levy (currently 47 %).
The figures are based on the assumptions that salary grows at an average of 5 % year - on - year, tax is payable at a marginal rate, and the interest earned on EPF stands at an average rate of 8.5 %.