Sentences with phrase «against any future tax»

He mentions «exploring guarantees and letting city mayors borrow against future tax receipts».

This would make the tax system more honest; it would be a big deterrent against any future tax - rises; and it would add pressure on the oil companies to be fair.

If a school district wants to fund a programme of improvements beyond their annual tax income, they can borrow money against their future tax revenues, through a mechanism called a Bond Programme.

In such instances, the RSA holder is required to apply to the relevant tax authority for a refund of any excess / double taxation or for the issuance of tax credit to be set off against future taxes.

I agree with everything you said, but I think a lot of people look at the ROTH tax free growth as a hedge against future tax increases.

This is similar to the famous move that Mr. Trump (and I would be shocked if Mrs. Clinton never took a loss against future taxes) used to avoid future income taxes.

Usually there's space between when you've hit your company's match and when you've maxed out, so for people that can't max out both it can be a good opportunity to hedge against future tax uncertainty by having a portion of your retirement savings already have taxes paid.

According to a recent Wall Street Journal op - ed, this is so generous that during hours of low demand wind producers actually pay grid operators to accept their power, just to get the tax break (which can be «carried forward» and used against future tax liabilities for up to 20 years).

With tax rates constantly changing, life insurance can also function as a hedge against future tax rate hikes.

Not exact matches

And now that our careers are going, we're looking at maxing out two traditional 401Ks and two Roth IRAs this year, and we see the Roth IRA portion as a small hedge against rising future tax rates (or what I think is a bit more likely to happen — tax brackets that don't keep pace with inflation, so keep sucking in more and more people to higher brackets).

Raising taxes on property, meanwhile, would leave less value to be capitalized into bank loans, thus guarding against future indebtedness.

Charitable deductions may be worth more if taxes go up in the future, because they may be deducted against a higher tax rate.

These leaders weren't against a gas tax, but they certainly are thinking of the future from a technology standpoint.

Actual results may vary materially from those expressed or implied by forward - looking statements based on a number of factors, including, without limitation: (1) risks related to the consummation of the Merger, including the risks that (a) the Merger may not be consummated within the anticipated time period, or at all, (b) the parties may fail to obtain shareholder approval of the Merger Agreement, (c) the parties may fail to secure the termination or expiration of any waiting period applicable under the HSR Act, (d) other conditions to the consummation of the Merger under the Merger Agreement may not be satisfied, (e) all or part of Arby's financing may not become available, and (f) the significant limitations on remedies contained in the Merger Agreement may limit or entirely prevent BWW from specifically enforcing Arby's obligations under the Merger Agreement or recovering damages for any breach by Arby's; (2) the effects that any termination of the Merger Agreement may have on BWW or its business, including the risks that (a) BWW's stock price may decline significantly if the Merger is not completed, (b) the Merger Agreement may be terminated in circumstances requiring BWW to pay Arby's a termination fee of $ 74 million, or (c) the circumstances of the termination, including the possible imposition of a 12 - month tail period during which the termination fee could be payable upon certain subsequent transactions, may have a chilling effect on alternatives to the Merger; (3) the effects that the announcement or pendency of the Merger may have on BWW and its business, including the risks that as a result (a) BWW's business, operating results or stock price may suffer, (b) BWW's current plans and operations may be disrupted, (c) BWW's ability to retain or recruit key employees may be adversely affected, (d) BWW's business relationships (including, customers, franchisees and suppliers) may be adversely affected, or (e) BWW's management's or employees» attention may be diverted from other important matters; (4) the effect of limitations that the Merger Agreement places on BWW's ability to operate its business, return capital to shareholders or engage in alternative transactions; (5) the nature, cost and outcome of pending and future litigation and other legal proceedings, including any such proceedings related to the Merger and instituted against BWW and others; (6) the risk that the Merger and related transactions may involve unexpected costs, liabilities or delays; (7) other economic, business, competitive, legal, regulatory, and / or tax factors; and (8) other factors described under the heading «Risk Factors» in Part I, Item 1A of BWW's Annual Report on Form 10 - K for the fiscal year ended December 25, 2016, as updated or supplemented by subsequent reports that BWW has filed or files with the SEC.

For example, the insurance business has been worried that the tax bill would limit their ability to deduct additions to reserves against future claims.

With so many governments currently printing money, you may need to do more to protect against these invisible taxes in future.

It also means setting up allowances for valuation against potential losses resulting from claims currently before the court, environment liabilities, employee future benefits, aboriginal land claims, concessions relating loans and loan guarantees, tax receivables and payables, among others.

You would be able to carry the loss back to a prior year's income, if there was taxable income within the past three years (taxes paid in that period would be refunded immediately) or the losses could be used against future income to decrease the taxes payable in those future years.

You may want to save those losses for use against future capital gains that may be taxed at a higher rate.

If a tax proposal obviously will not produce enough revenue to pay for something like (even a cheaper version) of Medicare and such, then the Medicare recipients and their relatives and future Medicare recipients will turn against the proposal as they learn more.

«Importantly, it helps us to guard against future price rises in the cost of energy and imposts such as a carbon tax,» says Mr Gleeson.

Ronaldo, 32, signed a new deal to 2021 with the club just over a year ago, but sparked speculation over his future after leading Madrid to the Champions League in June due to his apparent discontent with the club's lack of involvement in a tax case brought against him by Spanish prosecutors.

He said a mansion tax for those living in houses worth over # 2 million, moves against tax avoidance including closing hedge fund tax loopholes and a raid on tobacco companies» profits would help pay to relieve NHS workers of the «huge future pressures» they face.

That affordability / priorities debate is a separate issue from arguments for and against the proposition «raising the basic rate threshold until it is at least # 10k» [or more] should be the top priority for future tax changes.

She says she wants to combat child poverty, has pledged to campaign against government plans to limit future child tax credit to two children and to bring about a childcare and digital «revolution».

I've focused during my time in the legislature to deliver mandate relief for local governments that should help local property taxpayers, voting against budgets that contained tax and fee increases, and I still believe there is more to do to get our state back on the right track for ourselves and future generations.»

It was pretty dramatic, pretty severe, and $ 10,000 or so is a lot of money that the tax payers are going to have to fork over, or already have,» Hardwick said, «and we want to guard against this sort of thing in the future.»

In a report issued today focusing on the recession's impact on the budgets of New York and New Jersey, the Fed branch also recommended the states create «rainy day» funds to protect against future revenue gaps, plan in advance for spending cuts and reduce reliance on personal income taxes, which are affected by changes in the economy.

After months of haggling over Depew's future, weighing potential tax savings against the prospect of 170 village workers losing their jobs and how government services would be impacted, voters decided they wanted Erie County's second - largest village to live on.

Good government reforms, such as the checking contractors and vendors against the property tax rolls, is integral to our ongoing efforts to ensure a brighter — and steadier — fiscal future for Rockland County.

A desire to hedge against possible future carbon taxes makes it even more attractive.

Where a claim is made after the end of the tax year, this will be offset against any outstanding PAYE liabilities or current / future liability, or employers can ask HMRC for a payment of any balance, again provided their PAYE payments are all up to date.

Plus, the district is struggling to maintain sufficient cash to operate on a day - to - day basis, forcing it to borrow against future property tax collections to help make ends meet.

That $ 20,000 loss gets captured on your tax return and is available dollar for dollar against any future capital gain.

In the explanations I have found, 83b is explained as a means to identify restricted shares as income at the time of purchase to help protect against the need to pay taxes on the difference in future value of the stock and the value at the time of grant.

You see Income Tax laws allow you to carry your losses forward to set off against gains in future years.

However, there will be a tax loss that can be carried forward and offset against future profits, so if you expect the company to make money in future to repay the loan, you might end up saving some corporation tax.

If there's still a net loss remaining, you may use up to $ 3,000 as a deduction against other income and carry amounts over $ 3,000 forward to use as a tax deduction in a future year.

Outside RRSPs or TFSAs, such an action might generate capital gains taxes or — depending when it was bought — some capital losses that could be applied against previously booked or future capital gains.

And here's the thing: you can actually sell that position, if it's outside of retirement, create a tax loss, and then that tax loss goes on your tax return, and it nets against all future capital gains.

And now, the bad news: If you exhaust all these options, the government will put a lien against all future income tax returns until the money is paid in full.

Therefore, it is unclear whether any tax benefits would be immediately usable by Pride for the tax year in which the benefit ultimately relates, or even during the carryback or carryforward period allowed under U.S. tax law, but the fact that Pride does not record a valuation allowance against its existing U.S. deferred tax assets suggests that Pride expects future profitability to allow it to use its tax benefits at some point.

If you sell an investment at a capital loss, you can claim that loss against other capital gains for the year; or if you have none, you can carry the loss back up to three years to offset other net capital gains reported on your previous income tax returns; or you can carry forward the loss to claim against future capital gains.

The repealing of the Carbon Tax, which the graph indicates was highly effective at reducing emissions from the Australian energy sector, was a crime against the younger people of Australia and the world, and a crime against future generations.

A buyer might prefer to do a share transaction to take advantage of the non-capital tax loss carry forwards (business losses) can be applied against future income.

Leading law firms have urged clients to be wary of future tax and property law changes after Scotland voted decisively against independence this morning.

Notable examples include acting for accountants in long - running litigation arising out of a failed tax avoidance scheme; acting for the developer and manufacturer of an offshore drilling system following an accident in operation; representing one of the Defendants in Novoship v Mikhaylyuk & Others, concerning allegations of bribery and secret profits; appearing in a substantial LCIA arbitration about the theft of oil stocks in East Africa;, successfully representing a broker in litigation against a former client under a futures brokerage contract in Sucden v Fluxo - Cane [2010] 2 CLC 216; and The «Ekha» [2011] 1 All ER Comm 1077, long - running litigation in the Commercial Court and Court of Appeal about an offshore drilling contract.

By working closely with colleagues in our Business, Tax and Bankruptcy practices, our products team creates corporate structures to guard against future product liability claims.

Tax - deferred growth on the cash value in your policy - and you can access or borrow against that cash value in the future **

Contributing to a Roth IRA / 401k and maximum funded permanent life insurance are ways to hedge against higher tax rates in the future because the distribution from these types of accounts are generally tax - free.