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Revision as of 14:48, 10 March 2025

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There is much confusion about what constitutes foreign earned income with respect to the residency location, the location where the work or service is performed, and the source of the salary or fee payment. Foreign residency or extended periods abroad belonging to the tax payer can be a qualification to avoid double taxation.

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The Tax Reform Act of 1986 reduced finest rate to 28%, in the same time raising backside rate from 11% to 15% (in fact 15% and 28% became transfer pricing release two tax brackets).

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