What taxes do I have to pay to immigrate to the United States?

Personal income tax is one of the most common taxes, and it is required to be paid by American citizens or residents (green cards), or overseas students or temporary travelers.

Individual taxes in the United States are levied at a stepped rate, with the lowest interval tax rate of 10% and the highest tax rate of 39.6%. Taking 20 15 as an example, individuals with taxable income less than $9,225 are required to pay 10% income tax, and the range from $9,226 to $37,450 is taxed at 15%.

House/property tax

Well, many guests will be particularly worried about the property tax. Unlike China, the land and real estate of American imperialists are privately owned. Homeowners have permanent property rights and don't have to worry about being demolished, but they need to pay a large amount of property tax every year.

Property tax is levied by state governments, and each state decides its own tax rate. The average tax rate of property tax is less than 1%, accounting for half. The property tax in the northern states and the west coast is relatively low, ranging from 1 to 1.5%. In contrast, property taxes in southern States are generally higher. Among them, the lowest property tax is Hawaii, only 0.28%; The highest is New Jersey, with 2.38%.

Attention! Missing or not paying property tax is a serious illegal act, and the government has the right to confiscate and auction the property, so parents should pay taxes according to law ~

business tax

The sales tax rate varies slightly from state to state. To some extent, the sales tax rate directly determines the difference in living costs.

Sales tax is basically a tax that people living in the United States come into contact with every day. Except for some tax-free necessities, such as agricultural products in supermarkets, most goods in the United States are priced without sales tax. Generally, at the time of checkout, the tax included in this consumption will be clearly listed on the document. Therefore, in the United States, it is very common to drive to tax-free States to buy large items.

Some people may question it, but what about online shopping? Don't worry, the old driver is ready! Shopping on the online platform only needs to pay the sales tax of the state where it is located.

consumption tax

Many people will regard consumption tax and sales tax as a kind of tax, but this is not true. It is a tax levied by the government on specific goods or services, such as civil aviation passenger tax, liquor, wine, beer, cigarettes, telephone service fees, etc.

The way, content and tax rate of consumption tax are different in each state. The highest consumption tax per capita is in Vermont, reaching $65,438+0029; The lowest is Wyoming, only $285.

gift tax

Mutual gifts between relatives and friends may face gift tax and inheritance tax, both of which are taxes levied on the donor. The allowance for gift tax is $65,438+04,000 per recipient per year. The excess is included in the threshold of inheritance tax, and tax may be required.

Relatives and friends should make full use of everyone's annual tax exemption quota, declare it in time and pay attention to filing. Gifts between husband and wife or gifts paid directly to schools and hospitals in the form of tuition and medical expenses are not taxable.

Inheritance tax and inheritance tax

It seems ironic that parents have a large inheritance, but their children can't inherit it because they can't afford the high inheritance tax and inheritance tax. However, in the United States, there are countless such cases. As long as the assets exceed a certain amount, inheritance tax (tax on the deceased) or inheritance tax (tax on the heirs of the estate) will be levied on the excess. The part that does not pay taxes is called inheritance allowance.

In 20 16, the US federal government's heritage allowance was US$ 5.45 million, and the highest federal heritage tax rate was 40%. In addition, many states have their own inheritance tax and inheritance tax. The starting amount is generally 1 10,000, which is much lower than that of the federal government, and the tax rate is about 16%.

A * * * There are 15 states collecting inheritance tax, and 6 states collecting inheritance tax. The highest rate of inheritance tax is in Washington State (up to 20%). Hawaii and Delaware's heritage allowance is equivalent to the federal level of $5.45 million; New Jersey is the most notorious place. Property exceeding $675,000 will be taxed.

It should be noted that last week, US President Trump released the largest tax reduction reform plan in history: First, the corporate tax rate was greatly reduced from 35% to15%; Second, the personal tax rate has been reduced from 7 to 3, which are 10%, 25% and 35% respectively; The third is to abolish the inheritance tax and the minimum tax system. Of course, the final tax reform copy has not yet been announced.