Sentences with phrase «payment in lieu of taxes]»

Both processes also allow for solutions that differ from what a court might be able to order - such as a lump sum payment in lieu of alimony.
Managed and completed projects (i.e. drafted the payment in lieu of taxes program for Great Barrington, drafted contracts and technology user agreements).
The British reference (now known as Stringer and others v Her Majesty's Revenue and Customs C - 520 / 06) is essentially about two questions: whether a worker can re-designate a period of sick leave as holiday leave, and how payment in lieu of untaken holiday leave should be calculated for workers who have been off sick for all or part of the holiday year.
A third source of potential funding used abroad has been the imposition of payment in lieu of otherwise mandatory pro bono services.
He thought that the Trust should have capped its payment by assessing the maximum compensatory award and adding the payment in lieu of notice.
Where there is just cause, termination, no notice, or payment in lieu of notice is required.
If you discharge an employee who has access to critical company data, let them go without warning (you may have to give them a payment in lieu of notice), and don't allow them any access to a computer after termination.
He brought a claim for a payment in lieu of his accrued holiday entitlement for the years 2006 to 2008.
In addition, employers who have avoided putting PILON clauses in their contracts so that they have the flexibility of making tax free termination payments should be warned that there is now no tax advantage to not having a clause, and in fact, by making a payment in lieu of notice where there is no entitlement in the contract has the effect of rendering any restrictive covenants void.
He claimed a payment in lieu of his accrued holiday entitlement for two leave years but was denied his 2004 entitlement by the local courts because the permitted carry - over period was limited to three months.
The salary for the law clerk position is the same as the salary of articling students with the Ministry and includes a payment in lieu of benefits.
However, if your employment is terminated for no reason, your termination is said to be «wrongful», and as such, you are entitled to what is known as a reasonable notice period or payment in lieu of notice.
In short, a finding that the employee has been constructively dismissed entitles the employee, at a minimum, to payment in lieu of notice.
Accordingly, the Court determined that Mr. Bishop had been wrongfully dismissed and was entitled to damages, which included 20 months» payment in lieu of notice.
We have written here about your entitlements to a notice period or payment in lieu of a notice period when terminated without cause.
All employees, with the exception of certain employees not deemed as such for Labour Standards Act Security Protection purposes (e.g. probationary workers / short - term contract workers) shall be notified of the specific reasons for their termination and provided with 30 days» notice or payment in lieu of the 30 days» notice.
(b)[Sifton] may terminate your employment without cause at any time by providing you with notice or payment in lieu of notice, and / or severance pay, in accordance with the Employment Standards Act of Ontario.
The majority stressed that the right to terminate on reasonable notice is an implied term — and not the breach — of an employment agreement, and therefore payment in lieu of notice is not damages for breach of contract, but is part of the compensation contemplated by the contract.
The Defendant replied that the amount paid (equivalent to 34 weeks of compensation) was within the «reasonable range» of payment in lieu of reasonable notice of termination of employment.
The manager claimed that the condominium corporation did not have cause to terminate the contract and sued the condominium corporation for $ 8,303.24, being two months payment in lieu of notice.
Many condominium management contracts provide that the contract can be terminated by either party upon a specified number of days» notice, or payment in lieu of notice where the contract is being terminated by the condominium corporation.
Wages earned, or wages which should have been earned, in the notice period are to be deducted from the amount owed by the employer in the form of payment in lieu of notice.
Payment in lieu of reasonable notice is what we commonly refer to as severance.
From 6 April, any payment in lieu of notice will always be subject to tax and national insurance deductions.
One of the key changes is that there will no longer be a debate about the extent to which a payment in lieu of notice can legitimately avoid any tax or national insurance.
On the other hand, SNC - Lavalin claimed that 34 weeks of compensation was within the «reasonable range» of payment in lieu of reasonable notice of termination of employment.
An employee may be dismissed either on reasonable notice or by payment in lieu of notice.
Section 54 says that an employer shall not terminate the employment of an employee who has been continuously employed for three months or more unless the employer (a) has given to the employee written notice of termination in accordance with section 57 or 58 and the notice has expired; or (b) provides the employee with a payment in lieu of notice as prescribed by section 61.
(2) Payment in lieu of a fixed term of notice, being liquidated damages or a contractual amount, is not subject to the duty to mitigate; and
This notice may be provided as working notice, by salary continuance in life of notice, or as a lump sum payment in lieu of notice.
Unless exempted from the application of that law, employees dismissed by their employers are entitled to a certain, minimum amount of notice of their dismissal or a payment in lieu of such notice.
A summary dismissal is when an employer dismisses an employee without notice or without payment in lieu of notice usually for an act of gross misconduct.
For example, if an employment contract provides for less than the statutory minimum entitlements that result from terminating employment, then the employer will become liable for payment in lieu of reasonable termination notice at common law — often far exceeding the statutory minimums.
Clients also benefit from our experience negotiating minimized realty transfer fees in transactions and payment in lieu of taxes (PILOT) agreements in redevelopment projects.
As mentioned in the immediately preceding paragraph, the purchaser is not entitled to set - off the value of the notice or payment in lieu of notice provided by the vendor to its employees.
Severance pay is distinct from payment in lieu of notice.
[79] Mr. Wyllie's entitlement under the Canada Labour Code is to payment in lieu of notice and to severance pay.
Logan County commissioners, for example, decided in 2016 to not allow a wind energy company payment in lieu of taxes.
This is just rent and does not include PILOT (Payment In Lieu Of Taxes).
I'm also interested in what he said about the $ 110 million payment in lieu of the artifacts (if the court had opted for an auction and payment in cash instead of the «in specie» award) being treated as ordinary income.
It may also include a payment in lieu of notice and a «golden handshake» or other incentive payment.
Regardless, it's not uncommon to be given a choice between taking a lump - sum payment in lieu of your future monthly pension (known as a commuted value) or otherwise taking your calculated monthly pension payment in retirement.
There has been some recent excitement about Fannie Mae (FNMA) changing her guidelines on down payments and allowing gift funds as an acceptable form of down payment in lieu of a borrower's own funds.
Last week, Boston City Council member Anissa Essaibi - George called for a hearing on the city's Payment in Lieu of Taxes, or PILOT program.
While the land would remain state property, the developer would have to reach a payment in lieu of taxes with Albany's Industrial Development Authority that could add millions to city coffers.
The long - running controversy on tax abatement involving Len and Terry Bernardo's Skatetime 209 roller rink in Accord came to a quiet end last June when their payment in lieu of taxes (Pilot) agreement was reinstated by the Ulster County Industrial Development Agency.
Gren will receive a Payment in Lieu of Tax (PILOT) Agreement from the County of Chautauqua Industrial Development Agency (CCIDA).
Miner supported a 30 - year payment in lieu of taxes for the developer of a new Syracuse University bookstore.
Regional representatives, municipalities and conservation groups say it would be a bad idea to shift to a PILOT, or Payment in Lieu of Taxes, system.
Joanie Mahoney (JM): If you look at PILOTs [Payment in Lieu of Taxes], for instance for the Marriott in the Armory Square neighborhood, that SIDA [Syracuse Industrial Development Agency] gave to the developer, they're far more valuable and there's a longer period of time before taxes are paid on the improvements.
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