It is said that the money earned in China after emigrating to the United States has to be heavily taxed by the United States government.

According to the U.S. tax law, all U.S. resident taxpayers are required to submit their global income tax returns to the IRS. In particular, the Detailed Rules for the Implementation of the Overseas Account Tax Law passed by the United States in March 20 10 stipulates that American citizens and green card holders must truthfully declare their overseas assets exceeding 50,000 US dollars to the IRS. According to the detailed rules, taxpayers who should declare but fail to declare may face a fine as high as $65,438+0,000. If the tax is not declared and paid after the notice of the IRS, the fine will rise to $50,000 plus imprisonment.

The United States has a progressive tax rate. The more you earn, the more you pay. Last year, the tax allowance was about $654.38+04,000 (family), because the United States paid taxes or offset taxes on a family basis. Families are not only legally married families, but also unmarried children living together. Old people who can afford it can also get tax credit.

The basic personal income tax rate is about 25%, which is relatively low in developed countries. People who own houses have to pay local taxes, and education fees are added in cities. The tax rates of different counties are different, and individual taxes are also divided into federal taxes and state taxes. There is also the value-added tax on shopping, which is about 6%, but some States are tax-free.

The characteristic of the United States (western countries) is that everyone pays taxes (except the poor who are below the minimum standard), and the rich get a lot. If you hide your income from the income of the enterprise, you also have to pay taxes; Another point is strict supervision. The richer people are, the more afraid they are of tax evasion, because fines are ruthless, daily interest rates are high, and there are coercive means. There are also tax evaders, but few.