Fiscal
Non-Resident Tax
Tax rules that apply to individuals earning income in a country where they do not reside. Often different rates and rules than for residents.
Related terms
Dependent Allowance
A tax reduction or credit available to taxpayers who financially support dependents such as children or elderly relatives.
Effective Tax Rate
The actual percentage of income paid in taxes, calculated by dividing total tax paid by total taxable income. Often lower than the marginal tax rate.
Employer Contributions
Payments made by employers on top of employee salaries to fund social protection schemes. These represent a significant additional cost of employment.