How
about taxing profit on ETFs at higher rate, based on the proven fact, that index investment involves less risk than investing in individual stocks, for example?
Not exact matches
The difference is that in an S corp, owners pay themselves salaries plus receive dividends from any additional
profits the corporation may earn, while an LLC is a «pass - through entity,» which means that all the income and expenses from the business get reported on the LLC operator's personal income
tax return, says Ebong Eka, a CPA who also pens his own blog
about the world of entrepreneurship at MoneyMentoringMinutes.com.
The Internal Revenue Service revealed new details
about its investigation into
tax evasion related to bitcoin, filing court documents that suggest only a tiny percentage of virtual currency owners are reporting
profits or losses in their annual returns.
A Canadian Controlled Private Corporation (CCPC)-- it might be a doctor's practice, or a farm, or a restaurant — pays
about 15 per cent
tax on
profits from its main business line.
Barclays expects to take a writedown of
about 1 billion pounds ($ 1.34 billion) on its annual post-
tax profit as a result of the U.S.
tax overhaul, the bank said in a statement on Wednesday.
You need access to
tax returns and other documents to back up the owner's assertions
about the company's revenue, other income sources, and
profits or losses.
No context is provided
about the business owner's investment, risk, shrinking
profit margins, rising
taxes and rising costs for each employee.
The Organization for Economic Cooperation and Development estimated that these kinds of
profit - shifting practices amounted to
about US$ 100 billion - US$ 240 billion in lost
tax revenue each year, equivalent to up to 10 per cent of global corporate income
tax revenue.
«I never hear talk
about measures that would encourage upward harmonization of labour or environmental standards...
tax measures that would prevent corporations from engaging in transfer pricing or discourage shifting
profits to
tax havens.
It's no coincidence that Apple is a major beneficiary of the GOP
tax cuts — its effective
tax rate (the amount it actually pays) has dropped by
about 10 percent between this year and last, and it's saving an estimated $ 47 billion on
taxes on
profits earned overseas as well.
The main objection to my argument
about the treasury transfer effect is that American companies do not actually repatriate their Canadian
profits and pay US corporate
tax on them.
And the great thing
about the SR&ED
tax credit program is that the
tax credit is refundable, so even if your business doesn't make any
profit, you will get the refund back in cash.
About 60 % of all US stock market investment isn't even
taxed at all, because it comes from pension funds, or endowment funds, or mutual funds, which are either
tax exempt or passing on
taxes to customers after taking their
profits.
At a moment when the Republicans are talking
about entitlement reform, and Ben Carson, the Secretary of Housing and Urban Development, is proposing to triple the rents of some of the poorest people in the country, the sight of big banks reporting surges in
profits that were fuelled by
tax cuts raises alarming moral questions.
Bloomberg LP's
profit margin would give it
about $ 3.6 billion before
taxes, translating to a sticker price of $ 54 billion.
Excluding the impact of the one - time factors affecting 2009 - 10, corporate income
tax revenues are forecast to increase by
about 17 % which is in line with the growth in corporate
profits witnessed in the first three quarters of 2010.
The most powerful driver of change in 1986 was stories
about corporations reporting huge
profits to shareholders on their 10k and then paying no
taxes.
«If they were at the same 21 percent share of corporate
profits as they had averaged in the two decades before these cuts, the federal government would have
about $ 25 billion more in corporate
tax revenues annually.
Take the Medicare
taxes you paid and give them to «for
profit» insurance companies — you get a voucher for
about 60 % of the current cost of your care
The new
tax would raise
about $ 3 billion above and beyond the state revenue raised by a 7.5 per cent state mining royalty and the income
tax that they pay the commonwealth on
profits earned.
Unless you don't know
about the club's financials, Arsenal has hardly ever made
Profit after tax of anything near # 100m any year; also note that famed «cash reserves» is almost always matched by the bank debts, so I am not sure where you get this idea of some profit t
Profit after
tax of anything near # 100m any year; also note that famed «cash reserves» is almost always matched by the bank debts, so I am not sure where you get this idea of some
profit t
profit taking.
In recent years, the field has turned a
profit of
about $ 10 million a year, though documents reported in a Tribune investigation last year show that future
profits may match that figure only if
tax subsidies are counted as income.
Even if it did, the US
tax authority might have a different idea
about how much of that
profit arose in the UK than HMRC do.
I have a question
about property
taxes and not - for -
profit organizations.
Where we have
taxes on transactions (such as stamp duty land
tax on houses and stamp duty reserve
tax on shares), we hear concerns
about the unfairness of the
tax and the burden that it places, given that there can be no
profit out of which to pay the
tax.
From 6 April 2017 those with rental and / or trading income (or miscellaneous income) 2 below # 1,000 will no longer have to tell HMRC
about the income by the 5 October 2018 deadline or pay
tax on it.3 If the trading or property income exceeds the allowance, they will need to notify HMRC and can choose whether to calculate their taxable
profit in the usual way or by simply deducting the # 1,000 allowance.
For example,
taxing dividends and capital gains on the sale of stock at
about 71 % of the hypothetically fair
tax rate at the shareholder level, and
taxing corporate
profits at
about 71 % of the hypothetically fair
tax rate at the corporate level, is economically equivalent to not having double taxation.
She could then immediately sell her shares on the open market for $ 5.00 a share, making an instant and just
about risk - free $ 3000
profit (less applicable
taxes, of course).
Cincinnati, Ohio
About Blog Get critical information on accounting,
tax, and audit issues related to construction, not - for -
profit, manufacturing and the real estate industries — Barnes Dennig — Cincinnati CPA Firm.
Industries seek
profit while
tax - supported schools are expected to convert children into adults who are literate, law abiding, engaged in their communities, informed
about issues, economically independent, and respectful of differences among Americans.
She makes clear that she does not understand the purpose of
profit when she scoffs
about voucher programs and charter schools that «divert...
taxes to pay
profits to investors» and «turn a
profit off their children, in order to reward their shareholders.»
Charter School: Funded through public
tax dollars from money meant for traditional public schools, operates in the private sector, may be managed by for -
profit charter management organizations (CMO), and are not required to be transparent
about how
tax dollars are spent, free from many of the regulations that apply to traditional public schools.
... How many times do people simply get up on a pedestal and say we care
about kids, and then you realize that they care
about profits, they care
about tax deductions, they care
about privatizing the public system?
It is
about tax reduction for elites and
profiting off education dollars.
But this was never
about reform or access or leveling the playing field: it was
about opening up public education as a market, siphoning off
tax dollars to charters and for -
profit vendors, shifting public funds from a system that had public oversight and control to private interests.
I don't know a thing
about marketing, and I certainly don't know
about how to file my
taxes as a «business owner» regarding any costs incurred or
profit made by selling my books.
The global average corporate
tax rate is
about 25 %, so this move is designed to make the U.S. more globally competitive, which should in turn help keep more corporate
profits (and jobs) in the United States.
Specifically, there are concerns
about the use of EPSPs to direct
profits to family members with the intention of reducing or deferring
taxes on those
profits.
«Because
profits from zero dividend preference shares are
taxed as capital gains, they can be used
tax efficiently if you are smart
about how you use your annual capital gains
tax allowance.»
«I've heard hero stories
about people making huge
profits buying and flipping
tax sales properties,» says Michael Currie, owner of the Fort Nova Group, a real estate investment and education company based out of Nova Scotia, and an experienced landlord and real estate investor.
I need information
about profit / loss for my accountant during
tax season, and can't figure out where to access the document on my online login.
Naturally, Washington DC's recent discussion
about higher capital gains and dividend
taxes lead to modest
profit - taking and
tax strategy shifts ahead of 2013.
In FY92, Nestlé India had revenues of
about $ 500 crore and
profit after
tax of $ 23 crore.
By knowing more
about the intricacies of the capital gains
tax, you could line up your sale to maximize the
profits you make on your home or investment property.
On 10 % pre-
tax profit to assets, that's
about a 3 % increase in
profits (pre-
tax and after -
tax).
, an after -
tax sub-account, but what
about a potential Roth sub-account; also is the
profit - sharing sub-account part of the initial
tax - deferred sub-account?
Meanwhile,
tax rates dropping from 40 % to 30 % would increase after -
tax profits by
about 17 %.
What's interesting here is that 1) the majority of old KHD's revenue and
profit was generated by the industrial plant technology, equipment and service company, KID, 2) KID was the company that was being «spun off» not the much smaller mineral rights company, 3) KID was being listed exclusively on the Frankfurt exchange with some hope for US holders that there would be an ADR, and 4) the company clearly stated that it would make no statement
about the
tax implications to US investors.
For business loans, you will need to provide information
about your business financials and you may be required to submit documentation such as
tax returns, balance sheets and
profit and loss statements.
We're talking here
about nonqualified stock options, the type where you pay
tax on compensation income when you cash in your
profit.