When you declare your foreign purchases at customs, you're allowed $1000 worth tax--free; the amount over $1000 you pay 40% duty on.
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AnonymousI'm not talking about imported items, I'm talking about salary caps, for people who have small companies with limited employees, they are allowed to declare x amount tax free, anything over that amount you pay x percent in taxes on.Are you talking about corporate taxes on profits?
AnonymousIs it possible to use 'declare' and tax free' somehow like I have?The words "tax free" and "declare" are vocabulary words associated with import / export tariffs, duties, or taxes. So without any other context, the reader will assume that it relates to customs.
AnonymousThese are both correct?Yes, except the indef