Taxing Problems

Wai Mun Fong and Benedict Koh

Chapter 40 in Managing Your Personal Finance:From Start of Career to Retirement and More, 2020, pp 255-262 from World Scientific Publishing Co. Pte. Ltd.

Abstract: Dear David,Let’s face it: filling an income tax form is not everyone’s idea of fun. But do we have a choice? You know the answer. But, hey, there are more ways to cut down your tax bill than you think. Before you consider that, you need to know how the tax system works, down to the nitty gritty of how your tax is computed, what income can be exempted from tax, what tax deductions are available and so on. These are not exactly stirring stuff, but it’s hard to imagine doing tax planning without looking at the process through a microscope…

Keywords: Personal Finance; Investment; Managing Money; Retirement planning; College planning; Borrowing; Buying Bonds; Investing in Real Estate; Estate Planning (search for similar items in EconPapers)
JEL-codes: D14 (search for similar items in EconPapers)
Date: 2020
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