Cryptocurrency Q&A How does the USC work?

How does the USC work?

SakuraWhisper SakuraWhisper Sun Nov 17 2024 | 5 answers 758
I'm curious about the functioning of the USC. Could someone explain how it operates or what its mechanisms are? How does the USC work?

5 answers

Maria Maria Tue Nov 19 2024
Pensions, which provide income to retirees, fall under the ambit of the USC as well.

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CryptoTitan CryptoTitan Tue Nov 19 2024
The Universal Social Charge (USC) serves as a tax levy on various forms of income.

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Stefano Stefano Tue Nov 19 2024
It encompasses a wide range of earnings, including wages and salaries earned by individuals from their employment.

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Claudio Claudio Tue Nov 19 2024
Bonuses received by employees, which are often additional payments for performance or other achievements, are also subject to this tax.

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Carlo Carlo Mon Nov 18 2024
Self-employment income, earned by individuals who run their own businesses or are freelancers, is another category of income taxed by the USC.

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