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Say you earn an income of $2,000 a month. Following the 50/30/20 rule would mean allocating $1,000 to needs, $600 to wants and $400 to savings or high-interest debt. But if your monthly rent and ...
Tax credit equals $0.34 for each dollar of earned income for income up to $10,540. For income between $10,540 and $19,330, the tax credit is a constant "plateau" at $3,584. For income between $19,330 and $41,765, the tax credit decreases by $0.1598 for each dollar earned over $19,330. For income over $41,765, the tax credit is zero.
The tax on the soil is paid by the owner of the property and the tax on the buildings is paid by the owner of the building. The tax on soil is generally 1.30–2.00%, but the municipality can set it at 2.00–6.00%, if the property is undeveloped and certain legal requirements are met.
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