taxCFret: Calculate total taxes for pension cash-flows

In sstoeckl/pensionfinanceLi: Optimal Pension Decisions in Liechtenstein

Description

This function calculates taxes for individual pension payments detailing which part of the taxes should be paid from income or wealth

Usage

taxCFret(fpcf, totalcf, wealth, warnings = TRUE)

Arguments

fpcf	first pillar pension cash-flow
totalcf	total pension cash-flow (including fpcf)
wealth	wealth at 1.1. of tax year (can be negative)
warnings	optional: should warnings be given? (default=TRUE)

Value

pension income after tax (vector or scalar)

Examples

taxCFret(fpcf=15000,totalcf=25000,wealth=100000)
taxCFret(fpcf=c(15000,15000),totalcf=c(30000,30000),wealth=c(100000,-120000))

sstoeckl/pensionfinanceLi documentation built on Dec. 2, 2020, 3:26 a.m.