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Revision as of 18:38, 30 August 2026


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Congress finally acted on New Year's Day, passing the "fiscal cliff" rule. This law extended the existing tax rate structure for single taxpayers with taxable income of lower USD 400,000, and married taxpayers with taxable income of less than USD 450,000. For having higher incomes, the top tax rate was increased to transfer pricing 13.6% These limits are determined ahead of foreign earned income exclusion.

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