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On January 1, 2013, the American Taxpayer Relief Act of 2012 was passed permanently establishing an exemption of $5 million (in 2011 dollars adjusted for inflation) per person for U.S. citizens and residents, and a maximum tax rate of 40% for the year 2013 and beyond.
The Australian dollar (sign: $; code: AUD; also abbreviated A$ or sometimes AU$ to distinguish it from other dollar-denominated currencies; [2] [3] and also referred to as the dollar or Aussie dollar) is the official currency and legal tender of Australia, including all of its external territories, and three independent sovereign Pacific Island states: Kiribati, Nauru, and Tuvalu.
A reserve currency is a foreign currency that is held in significant quantities by central banks or other monetary authorities as part of their foreign exchange reserves.The reserve currency can be used in international transactions, international investments and all aspects of the global economy.
Originally, the paper notes were in denominations of Z$2, 5, 10 and 20, and coins in denominations of 1, 5, 10, 20, 50 cents and Z$1. As larger bills were needed to pay for menial amounts, the Reserve Bank of Zimbabwe planned to print and circulate denominations of up to Z$10 , 20, 50, and 100 trillion. [ 62 ]
For example, tax revenues declined from $2.5 trillion in 2008 to $2.1 trillion in 2009, and remained at that level in 2010. From 2008 to 2009, individual income taxes declined 20%, while corporate taxes declined 50%. At 14.6% of GDP, the 2009 and 2010 collections were the lowest level of the past 50 years. [18]
During his second stint with the Phoenix Suns, Steve Nash achieved the 50-40-90 feat in four separate seasons, the most of any player.. The 50–40–90 club is a statistical achievement used to distinguish players as excellent shooters in the National Basketball Association (NBA), NBA G League, Women's National Basketball Association (WNBA), and men's college basketball.
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