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  2. Payroll tax - Wikipedia

    en.wikipedia.org/wiki/Payroll_tax

    The income tax in the Czech Republic is progressive. The primary tax rate is 15% of gross income, but for an annual salary that is 48 times bigger than the average monthly salary (38.911 CZK in 2022, around 1.600 EUR), the rate is 23%. That applies only to the difference. The minimum wage to pay income tax is 27.840CZK in 2021 (approx. 1140EUR ...

  3. Social Security (United States) - Wikipedia

    en.wikipedia.org/.../Social_Security_(United_States)

    This retirement benefit can be a "reasonably good" (75–85% of salary) retirement at close to the monthly salary at which they were last employed. For example, if a person joined the University of California retirement system at age 25 and worked for 35 years they could receive 87.5% (2.5% × 35) of their average highest three year salary with ...

  4. Economy of Puerto Rico - Wikipedia

    en.wikipedia.org/wiki/Economy_of_Puerto_Rico

    According to the Bureau of Labor Statistics of the Department of Labor of the United States, [123] the mean annual salary of residents of Puerto Rico is $27,190, the lowest among U.S. territories continuously surveyed periodically by the institution. Guam has the second lowest mean salary to $31,840, closely followed Mississippi, a state, with ...

  5. Royalty payment - Wikipedia

    en.wikipedia.org/wiki/Royalty_payment

    A royalty payment is a payment made by one party to another that owns a particular asset, for the right to ongoing use of that asset. Royalties are typically agreed upon as a percentage of gross or net revenues derived from the use of an asset or a fixed price per unit sold of an item of such, but there are also other modes and metrics of compensation.

  6. Sales taxes in the United States - Wikipedia

    en.wikipedia.org/wiki/Sales_taxes_in_the_United...

    In order to qualify for the latter, the merchant must pay a "reasonable estimate", defined as either 100% of the amount owed in the period (monthly or quarterly) for the prior year (e.g. if owed in October 2024, the merchant must prepay the October 2023 amount) or 90% of the current period's liability, and must do so by the 15th of each month ...

  7. United Kingdom - Wikipedia

    en.wikipedia.org/wiki/United_Kingdom

    UK labour laws establish employment rights including a minimum wage, a minimum of 28 days annual holiday, parental leave, statutory sick pay and a pension. Same-sex marriage has been legal in England, Scotland, and Wales since 2014, and in Northern Ireland since 2020. [246] LGBT equality in the United Kingdom is considered advanced by modern ...

  8. Economy of China - Wikipedia

    en.wikipedia.org/wiki/Economy_of_China

    The economy of the People's Republic of China is a developing mixed socialist market economy, incorporating industrial policies and strategic five-year plans. [29] China is the world's second largest economy by nominal GDP and since 2016 has been the world's largest economy when measured by purchasing power parity (PPP).

  9. Property tax - Wikipedia

    en.wikipedia.org/wiki/Property_tax

    To calculate the property tax, the authority multiplies the assessed value by the mill rate and then divides by 1,000. For example, a property with an assessed value of $50,000 located in a municipality with a mill rate of 20 mills would have a property tax bill of $1,000 per year.