Net Investment Income Tax – a 3.8% tax on unearned income passed as part of the Affordable Care Act (Obamacare). Found in §1411 of the Internal Revenue Code.
« Back to Glossary IndexLet's Fix the Australia/US Tax Treaty!
The Australia/US tax treaty needs urgent revision to prevent double taxation
Net Investment Income Tax – a 3.8% tax on unearned income passed as part of the Affordable Care Act (Obamacare). Found in §1411 of the Internal Revenue Code.
« Back to Glossary Index