Examlex
The generic name for Tobrex is:
Marginal Ordinary Income Tax Rate
The percentage of tax applied to your income for each tax bracket in which you qualify, increasing progressively as your income surpasses threshold amounts.
Qualified Dividends
Dividend payments received on shares of a corporation, taxed at a lower tax rate than regular income.
Tax Rate
The percentage at which an individual or corporation is taxed.
Constructive Receipt
The tax principle that income is taxed when it is actually or constructively received, not necessarily when it is earned.
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