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    HASNAT SABIR
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    The document contains mathematical formulas for calculating salary, taxable income, total tax, and foreign income. It applies the formulas to example values including a taxable salary of $2,400,000, taxable income of $3,395,000, and foreign income of $1,000,000 to determine a total tax amount of $82842.42 and foreign income tax of $138070.7.

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    Book1 (2)

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    The document contains mathematical formulas for calculating salary, taxable income, total tax, and foreign income. It applies the formulas to example values including a taxable salary of $2,400,000, taxable income of $3,395,000, and foreign income of $1,000,000 to determine a total tax amount of $82842.42 and foreign income tax of $138070.7.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    8 views2 pages

    Book 1

    Uploaded by

    HASNAT SABIR
    The document contains mathematical formulas for calculating salary, taxable income, total tax, and foreign income. It applies the formulas to example values including a taxable salary of $2,400,000, taxable income of $3,395,000, and foreign income of $1,000,000 to determine a total tax amount of $82842.42 and foreign income tax of $138070.7.

    Copyright:

    © All Rights Reserved
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    of 2

    (salary/taxable income)*100

    (total tax/taxable income)*taxable salary*25%

    (total tax/taxable income)*foreign income


    2400000 3395000 70.69219

    468750 3395000 2400000 82842.42

    0.138071 1000000 138070.7

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