Sentence examples for minimum amount of tax from inspiring English sources

Most people pay the minimum amount of tax they're legally required to and not a penny more.

The Administration also called for the elimination of loopholes — for example, it suggested that that U.S. multinationals should pay a minimum amount of tax on their overseas earnings, which are often kept abroad to avoid any U.S. taxes.

Di Natale also announced his plan to introduce a so-called Buffett Rule to force Australia's wealthiest citizens to pay a legislated minimum amount of tax – 35% of their total income – to make it impossible for them to pay less tax than teachers, nurses or shop assistants.

By forcing the top 1% of earners to pay a minimum amount of tax – the rule would apply to people with income above $300,000 a year – it would raise $7.3bn in revenue for the commonwealth over four years, he said.

The alternative minimum tax (AMT) attempts to ensure that anyone who benefits from these tax advantages pays at least a minimum amount of tax.

In each bracket there is a minimum amount of tax you must pay, and the rest of your income is taxed at the bracket percentage for which you qualify.

The AMT was instituted in the late 1960s to ensure that high-income individuals pay at least a minimum amount of taxes.

Why should the salary of Mitt at Bain be considered "carried interest?" So we ought to be careful about someone asking, "Do you believe everyone should pay a minimum amount of income tax?" We should object to the implicit insult and slur cast against the "47% who pay no income tax".

Jim McKenzie of the CAB in Plymouth said: "Most people now have to pay a minimum amount of council tax.

The Alternative Minimum Tax was meant to ensure that wealthy individuals paid a minimum amount of federal income tax.

"A lot of people work the minimum amount of hours they need to in order to claim working tax credits.