Sentences with phrase «most foreign taxes»

Most foreign taxes can be deducted from the taxes you owe or credited in the case of a refund.

Most foreign taxes are witheld before they are distributed so you should not need to concern yourself with any paperwork.

Not exact matches

In the UK, for instance, it's foreign - based multinationals like Google and Starbucks that are taking the most heat for alleged tax avoidance strategies.

Some of the most common itemized tax deductions include, but are not limited to medical expenses, charitable contributions, state and local taxes, foreign taxes, mortgage interest deductions, mortgage points, health insurance if you are self employed, and losses related to natural disasters.

«Most [purchasers] are returning to Vancouver as the market is hot even with the foreign buyer tax,» according to Parham Mahboubi, vice-president of planning and marketing at Qualex - Landmark, a real estate development group in Vancouver.

The recommendation that would provide the biggest financial boost to journalism — but that is also proving to be the most contentious — involved removing tax deductions on foreign digital advertising and redirecting the financial benefits to the media.

The other is to impose trade tariffs or, what amounts to the same thing, to tax foreign purchases of US assets, especially US government bonds, in order to drive down the current account deficit and so allow the US to retain a larger share of what has become the most valuable commodity in the world: demand.

He also wants to impose a minimum tax on foreign earnings, a move opposed by multinational corporations and perhaps the most contentious provision in the president's plan.

While capital from tax - treaty countries accounts for most of the foreign capital invested in India — in 2013, for example, $ 6 billion of FDI came to India from Singapore and $ 4.9 billion, from Mauritius — DTA policies also have led to a succession of controversies related to transfer pricing.

My experience led me to reduce most all holdings in foreign stocks where foreign tax was withheld.

To raise sufficient revenue, an ideal cap would include all itemized deductions, most above - the - line deductions, the standard deduction, and the tax exclusions for employer - provided health care, municipal bonds, and foreign income.

Mr. Macdonald singled out five federal tax measures as being the most inequitable to lower income people based on 2011 data — the dividend tax credit, partial inclusion of capital gains, the foreign tax credit, employee stock options and pension income splitting.

Examples of these risks, uncertainties and other factors include, but are not limited to the impact of: adverse general economic and related factors, such as fluctuating or increasing levels of unemployment, underemployment and the volatility of fuel prices, declines in the securities and real estate markets, and perceptions of these conditions that decrease the level of disposable income of consumers or consumer confidence; adverse events impacting the security of travel, such as terrorist acts, armed conflict and threats thereof, acts of piracy, and other international events; the risks and increased costs associated with operating internationally; our expansion into and investments in new markets; breaches in data security or other disturbances to our information technology and other networks; the spread of epidemics and viral outbreaks; adverse incidents involving cruise ships; changes in fuel prices and / or other cruise operating costs; any impairment of our tradenames or goodwill; our hedging strategies; our inability to obtain adequate insurance coverage; our substantial indebtedness, including the ability to raise additional capital to fund our operations, and to generate the necessary amount of cash to service our existing debt; restrictions in the agreements governing our indebtedness that limit our flexibility in operating our business; the significant portion of our assets pledged as collateral under our existing debt agreements and the ability of our creditors to accelerate the repayment of our indebtedness; volatility and disruptions in the global credit and financial markets, which may adversely affect our ability to borrow and could increase our counterparty credit risks, including those under our credit facilities, derivatives, contingent obligations, insurance contracts and new ship progress payment guarantees; fluctuations in foreign currency exchange rates; overcapacity in key markets or globally; our inability to recruit or retain qualified personnel or the loss of key personnel; future changes relating to how external distribution channels sell and market our cruises; our reliance on third parties to provide hotel management services to certain ships and certain other services; delays in our shipbuilding program and ship repairs, maintenance and refurbishments; future increases in the price of, or major changes or reduction in, commercial airline services; seasonal variations in passenger fare rates and occupancy levels at different times of the year; our ability to keep pace with developments in technology; amendments to our collective bargaining agreements for crew members and other employee relation issues; the continued availability of attractive port destinations; pending or threatened litigation, investigations and enforcement actions; changes involving the tax and environmental regulatory regimes in which we operate; and other factors set forth under «Risk Factors» in our most recently filed Annual Report on Form 10 - K and subsequent filings by the Company with the Securities and Exchange Commission.

There was little wealth, and most of what existed was in the hands of the tax - collectors and other foreign officials.

«opposed higher tax rates, wanted to privatise large parts of public service provision, opposed most government intervention in the economy, and was a liberal interventionist in foreign policy»

If you have a single jurisdiction that can control the entire corporate tax system, one of the easiest and most common ways to integrate corporate and individual level income taxes is to impose taxes on corporate profits at the corporate level, but then to give recipients of dividends who are subject to domestic income taxes a credit equal to the percentage of income paid by the dividend paying corporation, treating the corporate income tax as a withholding tax that becomes final when dividends are distributed to foreign taxpayers who don't pay domestic income taxes.

Before the 2010 general election, most of Gove's questions in Commons debates concerned children, schools and families, education, local government, council tax, foreign affairs, and the environment.

For e-book sales to most foreign countries, the royalties to the author are 70 % of the cover price, minus any applicable taxes, such as VAT.

The 70 % royalty option is also available for English e-book sales in most foreign countries (subject to deductions due to local foreign taxes).

As most investors know, eligible dividends from Canadian companies are taxed at a much lower rate than interest and foreign dividends.

do not forget that most foreign reserves are already in treasuries so those holders will pay a hefty deflation tax.

Note that being a resident means that all her worldwide income is subject to U.S. taxes, but she may be able to reduce some or all of the U.S. taxes on her income using the Foreign Earned Income Exclusion (since she's not in the U.S. most of the year) and / or the Foreign Tax Credit (because she paid tax in her home countrTax Credit (because she paid tax in her home countrtax in her home country).

Per my understanding, most Canadian stocks held in a tax - advantaged account aren't subject to Canada's foreign withholding.

Most countries impose a tax on dividends paid to foreign investors.

In non-registered accounts, owning investments that generate capital gains is more efficient than dividends in most cases and, Canadian dividends are more tax efficient than foreign dividends and interest income that bonds and GICs produce.

Most countries have a foreign tax credit mechanism whereby your Canadian tax withheld at source is credited against your foreign tax payable on the income in your country of residence.

Most countries don't recognize the special tax status of Canadian TFSAs, but not all countries tax foreign investment income or capital gains anyway.

If you are a U.S. taxpayer, not only will the IRS tax the account, but you will most likely have to complete and file foreign trust returns.

My experience led me to reduce most all holdings in foreign stocks where foreign tax was withheld.

For instance, my colleague David Macdonald has identified the five most regressive federal tax expenditures: pension income splitting, the dividend gross - up, the stock option deduction, credit for partial inclusion of capital gains, and the foreign tax credit.

If your asset allocations for US, international and emerging markets are all underweight by a few thousand dollars and you want to rebalance your portfolio (and have both CAD and USD cash), US and emerging markets equities would likely reduce your foreign withholding tax bill the most (assuming that you purchase Canadian - listed international equity ETFs that hold the underlying stocks directly with your Canadian dollars).

Holding fixed income, Canadian equities, and foreign equities in a non-registered USD account probably isn't the most tax - efficient strategy.

I live outside of the US and will be using Streamlined Foreign Offshore Procedures to file taxes, which requires filing for the most recent 3 years for which the deadline has passed.

VANCOUVER — An Angus Reid Institute online poll has found that most respondents support a tax on foreign buyers of Metro Vancouver homes but at the same time doubt how effective the move will be at cooling the region's red - hot real estate market.

or hold your USD assets in a USD account outside an RSP which is better for most Canadians because of the Foreign Tax Credit.

In 2017 for example, the law allows you to exclude up to $ 102,100 of income that you earn outside the United States provided you remain in a foreign country for most of the tax year.

Any income earned prior to 1 January 2017 will be taxed based on residency (most working holiday makers are foreign residents for tax purposes).

Some of the most common tax credits include: credits for child and dependent care expenses, education tax credits, the earned income tax credit, adoption tax credit, and the foreign tax credit.

Our transfer pricing team has represented US and foreign - based multinational enterprises in some of the largest, most complex, and important transfer pricing disputes in recent history, including serving as lead counsel to Amazon.com in its significant win in the US Tax Court involving a cost - sharing buy - in and related issues — one of the largest transfer pricing cases ever litigated and the first involving e-commerce.

It is rare that a foreign Will is the most appropriate way to deal with a property in the UK and, at the very least, an English lawyer should be instructed to advise on this and also on the raft of important potential UK tax liabilities which affect UK property owners.

The most common aspect that people are unaware of, or tend to forget, is that trusts are relationships and not entities (except for Foreign Account Tax Compliance Act (FATCA) and Automatic Exchange of Information (AEOI) / Common Reporting Standard (CRS) purposes).

Individuals who bought cryptocurrency with the proceeds of unlawful activities; Individuals who accepted or converted other forms of currency into cryptocurrency to conceal income or assets from the IRS; Individuals with substantial unreported cryptocurrency income and / or gains; Individuals who derive all or most of their income from cryptocurrency (e.g., bitcoin miners); and Individuals who will continue to stick their head in the sand and fail to bring their unreported cryptocurrency into tax compliance, as some unreported foreign accountholders still do.

Currently, Bermuda is considered as one of the most popular «tax havens», offering a preferential tax treatment for foreign companies.

While we're at it, most Torontonians want to charge foreign buyers of city real estate a special tax, according to a poll commissioned by Scarborough - Agincourt councillor (Ward 39) Jim Karygiannis.

Brokers and agents who have a firm grasp on foreign monetary restrictions, barriers to qualifying for financing, and U.S. tax implications and tax withholding requirements are the most well - positioned to see transactions through to the close.

It is now taken as given that stratospheric home prices in the Toronto and Vancouver areas are partly the result of foreign investors, many of them from mainland China, parking their money in Canada's most active real estate markets and reaping tax - free windfalls.

Richard Silver, a Sotheby's realtor and past Toronto Real Estate Board president who works with foreign buyers, told Metro Morning host Matt Galloway that most of his foreign clients are coming to Toronto for educational and business opportunities, not just to park their money offshore, and that a foreign buyer tax would be a bad idea.

The government's most anticipated measure involves cracking down on foreign buyers who used loopholes to avoid paying taxes on real estate speculation.

While the Foreign Investment in Real Property Tax Act (FIRPTA) subjects non-U.S. investors to a 10 % withholding tax on the sale of U.S. property investments, CRE debt in most forms is exempt from such adverse taxatiTax Act (FIRPTA) subjects non-U.S. investors to a 10 % withholding tax on the sale of U.S. property investments, CRE debt in most forms is exempt from such adverse taxatitax on the sale of U.S. property investments, CRE debt in most forms is exempt from such adverse taxation.