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Articles: Money
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The United States is one of the only countries that continues to impose tax on the worldwide income of its citizens and residents (e.g. green card holders) who live and work in another country. If you are resident abroad, you are normally also subject to local tax on your income in your host country. This presents a problem since both countries want to get your tax dollars (or euros or any other currency, for that matter) based on the same income.
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The forex market is the world’s most exciting and dynamic market. With $4 trillion of currencies traded every day, it is also the largest financial market in the world.
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Is your current mortgage efficient for the 21st Century?Are you paying more than you need to for your mortgage?
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According to Wikipedia insurance is a form of risk management primarily used to hedge against the risk of a contingent loss.
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Variable interest rates mean you pay a lot less interest over your arranged mortgage period. However should the rates increase, you will need to make sure you have the financial flexibility in your income to afford the payments.
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The globalisation of our world makes international relationships easier. This leads to more international marriages, which in turn leads to international divorces with international aspects. These aspects are what often take divorcees by surprise.
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There have been some changes in the rules and regulations and in the tax laws with regards to house purchase and mortgages so it is as well to review these.
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What determines the amount of mortgage you can secure?
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The Dutch wage tax act provides specialists, who meet certain requirements, the possibility to obtain the so-called 30%-ruling. This 30%-ruling reduces the full Dutch taxable salary to a 70% taxable salary; the remaining 30% can be reimbursed exempted from wage or income tax by the employer. The 30%-ruling is therefore a substantial tax relief for all non-Dutch specialists, who have been attracted from abroad by Dutch resident employers.
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