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  2. Taxation in France - Wikipedia

    en.wikipedia.org/wiki/Taxation_in_France

    This is why France continues to be among the OECD countries whose tax rate is the highest. Taxes account for 46,1% of GDP against 34% on average in OECD countries. The overall rate of social security and tax on the average wage in 2022 was 82% of gross salary, compared with 77% of the total average tax wedge.

  3. Internal Revenue Service - Wikipedia

    en.wikipedia.org/wiki/Internal_Revenue_Service

    The Internal Revenue Service ( IRS) is the revenue service for the United States federal government, which is responsible for collecting U.S. federal taxes and administering the Internal Revenue Code, the main body of the federal statutory tax law. It is an agency of the Department of the Treasury and led by the Commissioner of Internal Revenue ...

  4. Earned Income Tax Credit: Find Out if You Qualify - AOL

    www.aol.com/earned-income-tax-credit-qualify...

    Though there are several restrictions and rules for qualifying for the earned income credit for the 2023 tax year, here are some basic qualifications: Need to have worked and earned under $63,398 ...

  5. IRS plans to cut back on its audits of lower-income taxpayers

    www.aol.com/finance/irs-plans-cut-back-audits...

    The agency this week said it plans to reduce audits for taxpayers who claim the earned income tax credit, or EITC. ... Almost half of the IRS audits in 2022 focused on families making less than ...

  6. Passive income - Wikipedia

    en.wikipedia.org/wiki/Passive_income

    Investment portfolios and passive income are also covered by the personal income tax rules regarding the earned income tax credit. Russia. Income earned on an investment is taxable. A tax of 13% will be withheld in the following cases: Income earned on sales of securities if the price at which the security was sold was higher than the price at ...

  7. Foreign Account Tax Compliance Act - Wikipedia

    en.wikipedia.org/wiki/Foreign_Account_Tax...

    The Foreign Account Tax Compliance Act (FATCA) is a 2010 U.S. federal law requiring all non-U.S. foreign financial institutions (FFIs) to search their records for customers with indicia of a connection to the U.S., including indications in records of birth or prior residency in the U.S., or the like, and to report such assets and identities of such persons to the United States Department of ...

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