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Latest revision as of 18:24, 17 August 2026

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Example: Mary, an American citizen, is single and lives in Bermuda. She earns a salary of $450,000. Part of Mary's income will be subject to U.S. tax at the 39.6% tax rate.

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People hate paying taxes. Tax avoidance strategies are entirely legal and ought to be taken advantage of. Tax evasion, however, is not. Make sure you know where the fine line is.

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