Sentences with phrase «r&d tax credit»

In order to create tax cuts in the province's education and healthcare systems, the party is also looking to find savings by reducing the number of grants and tax credits going to businesses.

Provincial tax credits have been a cornerstone of the business in Canada.

Specifically, giving businesses a tax break of up to 15 percent for profits shared worth up to 10 percent of a worker's annual salary, or a tax credit equivalent to $ 750 per employee.

That's only if the company has at least one full - time employee eligible for a premium assistance tax credit or cost - sharing reduction created by the legislation - and analysts say that eligibility isn't an easy thing to judge, meaning all larger employers could face the responsibility come tax - time.

Sousa has also written to the federal government asking them to delay HST input tax credits that would have allowed companies with $ 10 million or more in sales to claim certain expenses such as meals, drinks and entertainment until 2018.

Ontario joined the subsidy game in 2009 by offering Ubisoft more than $ 260 million in tax credits over 10 years.

According to an FAQ page on the CAQ website, Quebec spends about $ 4 billion on business tax credits every year, «and the results are not forthcoming: private investment in Quebec is significantly lower than the Canadian average.»

U.S. utility giant Southern Co. didn't get the extension it had been looking for that would've qualified its long - delayed nuclear power project in Georgia for a production tax credit.

But an analysis by the non-partisan Congressional Budget Office estimates that the tax credits could lower the cost of insuring employees by between eight and 11 percent.

Repeal the Affordable Care Act and replace it with a system of tax credits tied to individual health savings accounts.

The CAQ has proposed cutting these tax credits in half to $ 2 billion per year, and instead coming up with «incentives» to «encourage private investment that would actually be productive for Quebec.»

For businesses with between 10 and 25 employees, the tax credit phases out gradually based on employee counts, according to an analysis by USA Today.

Biotech and pharma companies will get a smaller tax credit for developing drugs for rare diseases.

Everything from capital gains taxes to boutique tax credits to old age security are potentially on the agenda.

Sometimes referred to as «tax expenditures,» boutique tax credits refer to government spending that encourage certain programs and behaviours amongst Canadians, such as public transit and post-secondary education.

The IRS is also known to change the amount of tax credits and rebates that small business owners can receive for offering these programs.

Cleveland has also benefited from a new government program that has awarded more than $ 160 million in tax credits to the city's development projects, leveraging almost $ 1.5 billion in redevelopment, according to CBRE, a commercial real estate services company.

This summer, Clinton released details of that plan, which would include tax credits up to two years for businesses that include profit sharing as part of their employee compensation.

BP benefited from UK fiscal regime changes, resulting an a $ 164 million tax credit in the third quarter, compared with a $ 1.16 billion tax bill in the same quarter last year.

In first promise of the official 2015 federal election campaign, Stephen Harper said the Conservatives would increase the apprenticeship job creation tax credit to $ 2,500 from $ 2,000 and expand the program to include a third and fourth year of training.

I think even worse is that people have thought they were getting a car for what amounted to $ 27,500 — the $ 35,000 base plus the federal tax credit.

Those data are also backed up by Statistics Canada, and the NDP says the sector requires more help from Ottawa — including its proposed innovation tax credit.

It is speculated that the dividend tax credit may be revised and lowered as these tax credits are seen to mainly benefit the wealthy.

In general, such tax credits are seen today as not being worth the trouble.

This year's budget may contain the further elimination of a variety of tax credits that are costly, narrowly - targeted, and don't have a meaningful impact on the taxpayers for whom they were designed.

There would also be more after - tax cash flow to fund RRSPs, which, in turn, would increase available tax credits.

These new contributions will be accounted for separately and will be deductible for tax purposes — unlike current CPP contributions which only get a non-refundable tax credit.

Look for the public transit tax credit, tradespeople tool deduction and volunteer firefighter credit to be on the chopping block.

The Solar Energy Industries Association, before the election, provided Trump staffers with information about the investment tax credit and its impact on jobs and the economy.

In 2015, companies like his, which had packed their production schedules to take advantage of an expiring tax credit, found their timelines completely upended when Congress unexpectedly extended that credit by five years.

These incentives are often given in the form of tax credits.

The CRA has now expanded eligibility for this tax credit.

Who is or isn't getting tax credits seems to be the least of its problems.

Any decision to utilize a tax credit or deduction should be made as part of an overall financial strategy.

The tax credits under the GOP plan have little to do with your income or what it could cost to buy health care.

This is a tax credit that works well for the fund and for government.»

«If there are no insurers, there are no premium tax credits and no way for lower income people to get coverage.»

Ottawa has previously said it eliminated the education and textbook tax credits because they were not targeted based on income.

In the weeks leading to the release of Canada's 2017 federal budget, there was plenty of speculation that Finance Minister Bill Morneau might raise the capital gains inclusion rate, make changes to dividend tax credits, and more.

Finally, many states provide an earned income tax credit (EITC) that is extremely important in fighting poverty, and this too would be more difficult to implement under a payroll tax system.

What the study didn't say was whether the investee companies would have existed without the tax credits.

Several states offer tax credits to television and film production companies that make a television series or feature film in that state.

Utilize the federal solar tax credit.

ObamaCare furnishes «premium tax credits» designed to tie payments closely to enrollees» incomes.

Elias: I think tax credits can also be a good thing.

By investing $ 89,000 in a low - income housing tax credit partnership, she received a $ 100,000 Georgia low - income housing tax credit, saving her $ 11,000 in state income taxes.

On Wednesday, President Obama outlined a handful of proposals such as health - care exchanges, tax credits, and a public option — all of which could provide welcome relief to businesses coping with skyrocketing health insurance costs.

Some tax credit programs treat these savings as a capital gain for federal income taxes, so make certain to discuss any tax ramifications with a certified public accountant before investing in one of these credits.

«In hindsight, part of the problem is the set of restrictions that comes with the tax credit support,» says HighView Financial's Hallett.

To the extent that a change in tax credits makes healthcare more affordable for some people, insurers and hospitals could stand to benefit.