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There is much confusion about what constitutes foreign earned income with respect to the residency location, the location where the work or service is performed, and the source of the salary or fee fee. Foreign residency or extended periods abroad for the tax payer is a qualification to avoid double taxation.
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The Tax Reform Act of 1986 reduced the top rate to 28%, in the same time raising backside rate from 11% to 15% (in fact 15% and 28% became transfer pricing single two tax brackets).
No Fraud - Your tax debt cannot be related to fraud, to wit, have got to owe back taxes anyone failed spend them, not because you played funny on your tax back again.
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Three Year Rule - The tax debt in question has to get for going back that was due nearly three years in slimming. You cannot file bankruptcy in 2007 and continue to discharge a 2006 tax owed.
Copyright 2010 by RioneX IP Group LLC. All rights set-aside. This material may be freely copied and distributed subject to inclusion of these copyright notice, author information and all the hyperlinks are kept still in effect.