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Briefly explain the tariff agreements used in the traditional German pay systems.
Gross Earnings
The total amount of income earned by an individual or company before any deductions such as taxes and other withholdings.
Withholding Allowance
A determination used to calculate the amount of federal income tax to withhold from an employee's paycheck.
Gross Earnings
The total amount of money earned by an individual or a company before any deductions or taxes are applied.
Taxable Income
The amount of an individual's or a corporation's income used to determine how much tax is owed to the government.
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