Are we an attractive team for FA's now?
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05-18-2011, 10:51 AM
Join Date: Oct 2006
At the US federal Level, the tax rate is 35% if your income is more than $373,650 according to :
And in the state of New York, it would another 8% if your income in greater than $200,000 according to :
For a maximum total of 43%. So about 5% more than here in Quebec.
At $5,000,000, you pay about $250,000 more in Quebec.
With our dollar being stronger than theirs and the price of housing way cheaper than in New York, I think taxation rate in Quebec is no longer an excuse.
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