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Both corporate and individual income taxes are set at a progressive rate is that true or false?
True.
What are the similarities between property tax and income tax?
both based of amount of the value . the higher income and property value determines tax rate
The federal government may change the rate of the income tax from year to year true of false?
Very true.
If the interest rate is zero the future value interest factor equals?
1.0
An interest rate is a special type of?
An interest rate is a special type of income/ profit/ value measurement -- depending on the context in which you're describing the interest rate.
How much tax is paid on winning a house?
Taxed at your ordinary income rate, which varies person by person, based on other income, deductions, dependents, losses, State rate, city rate, etc., etc. and of course on the value of the house.
If your net income is 47000 what is your gross income?
Jones bought an income property for which $47,000.00 was deducted from gross income for operating expenses. If the operating expenses are 30% of gross income, the value of the property using a cap rate of 12.5%?
How do you calculate residual income?
Residual Income (RI) can be calculated with the following equation. RI = Operating Income - (Operating Assets x Minimum Required Rate of Return) Equals a $ amount. RI is often used to compare Investment Centers with the Return of Investments (ROI) equation. ROI = Operating Income / Operating Assets) Equals a %.
An example of a flat tax?
For example, Slovakia - 19% flat tax rate (Corporate income tax, Personal income tax, and Value-Added Tax)
A major advantage of the annual rate of return method is that it considers the time value of money True False?
TRUE
How does the Rate of tax on vacation compare to the rate paid on income?
Your vacation pay income tax rate will be the same as the income tax rate on all of your other gross wages income from the same employer.
What is IS curve?
It is the locus of combinations of the interest rate and the level of real national income for which desired aggregate expenditure equals actual national income.So called because, in a closed economy with no government, it also reflects the combinations of the interest rate and national income for which investment equals saving, I=S. In general, it reflects points for which injections equal withdrawals.
