Offshore Business - Pay Low Tax: Difference between revisions
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Revision as of 01:55, 15 September 2026
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This means that any non-taxable fee of three main.6% would be the same return as a taxable rate of 5%. That was derived by multiplying 5% by 72%. So any non-taxable return greater than 3.6% would be preferable any taxable rate of 5%. But your employer gives to pay 7.65% of the items income he pays you for your Social Security and Medicare health insurance. Most employees are unaware of extra tax money your employer is paying for you. So, between you and your employer, federal government takes 17.3% (= 2 times 7.65%) of your income.
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