Birdwatch Archive

Birdwatch Note Rating

2023-08-22 13:11:34 UTC - HELPFUL

Rated by Participant: 5D997D6A7C4200DFDDD265025651EDAF2B40022777FD32231AD265C598546CDF
Participant Details

Original Note:

NNN. The post refers to the effective tax rate, not the actual tax rate. For rental income, the effective tax rate can be much lower than that on earned income due to the application of tax reliefs and allowable deductions made before tax is calculated. https://www.investopedia.com/ask/answers/102714/how-are-effective-tax-rates-calculated-income-statements.asp

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All Information

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  • helpfulnessLevel - HELPFUL
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