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  2. Kenyan taxation system - Wikipedia

    en.wikipedia.org/wiki/Kenyan_taxation_system

    Kenya's taxation system covers income tax, value-added tax, customs and excise duty.The regulations are governed by independent legislators that govern the taxation system, the main legislator, the Kenya Revenue Authority (KRA) has different sections that deal with the above taxes while also having the authority to undertake reviews on various companies and corporations.

  3. 2024 Tax Brackets and Income Rates: Find Out Where You ... - AOL

    www.aol.com/2024-tax-brackets-income-rates...

    In 2024, federal income tax rates remain at 10%, 12%, 22%, 24%, 32%, 35%, and 37%. While these rates stay the same for 2025, the income thresholds for each bracket will adjust for inflation.

  4. Foreign earned income exclusion - Wikipedia

    en.wikipedia.org/wiki/Foreign_earned_income...

    The maximum exclusion is $130,000 for tax year 2025 (future years indexed for inflation). [3] The amount of exclusion that a taxpayer is entitled to is equal to the lesser of foreign earned income for the year or the maximum exclusion, divided by the total number of days (365 or 366) in the year times the number of "qualifying days".

  5. IRS Tax Brackets: Here’s How Much You’ll Pay in ... - AOL

    www.aol.com/irs-tax-brackets-much-ll-212654109.html

    2021 Federal Tax Brackets for Income Taxes Filed by April 18, 2022. Tax Bracket. Single. Married Filing Jointly or Qualifying Widow(er) Married Filing Separately. Head of Household. 10%. $0 to ...

  6. Kenya Finance Bill 2024 - Wikipedia

    en.wikipedia.org/wiki/Kenya_Finance_Bill_2024

    A 16% value-added tax on bread and the transportation of sugar cane. [5] [23] A 15% to 40% value-added tax on financial services and foreign exchange transactions. [23] A 16% value-added tax on imported table eggs, onions and potatoes. [23] An increase from 15% to 20% in the excise tax on mobile money transfer charges. [5] [23]

  7. Mileage Reimbursement Rate for 2025: What To Expect - AOL

    www.aol.com/finance/mileage-reimbursement-rate...

    You can deduct medical expenses that exceed 7.5% of your adjusted gross income if you itemize your deductions . Charitable mileage rate: 14 cents per mile driven while volunteering for a qualified ...

  8. Rate schedule (federal income tax) - Wikipedia

    en.wikipedia.org/wiki/Rate_schedule_(federal...

    The origin of the current rate schedules is the Internal Revenue Code of 1986 (IRC), [2] [3] which is separately published as Title 26 of the United States Code. [4] With that law, the U.S. Congress created four types of rate tables, all of which are based on a taxpayer's filing status (e.g., "married individuals filing joint returns," "heads of households").

  9. Income Taxes 2025: Will Your Refund Go Up or Down If ... - AOL

    www.aol.com/finance/income-taxes-2025-refund...

    Hold onto your W-2s! The 2024 election could shake up your tax refund faster than you can say "1040-EZ." With Kamala Harris potentially taking the Oval Office, many Americans are wondering if their...

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