Sentences with phrase «as federal tax legislation»

«This is nothing short of extraordinary... getting 227 members to agree on something as complicated» as federal tax legislation, said House Speaker Paul Ryan (R - Wis.)

Not exact matches

U.S. tax reform discrete impacts On December 22, 2017, the United States enacted tax reform legislation that included a broad range of business tax provisions, including but not limited to a reduction in the U.S. federal tax rate from 35 % to 21 % as well as provisions that limit or eliminate various deductions or credits.

Republicans point to the age of that 1986 legislation — the most recent major overhaul of the federal tax code — as a reason new reforms need to be enacted.

The Constitution doesn't bar state Internet sales taxes; it permits them so long as they're approved by Congress through federal legislation or through approval of a multi-state agreement.

WASHINGTON, Nov 16 - The Republican - controlled U.S. Congress was approaching a major test on Thursday of its ability to overhaul the federal tax code, as lawmakers prepared for their first full - scale vote on sweeping tax legislation.

As you more than likely know, at the end of 2017, new federal tax legislation was signed into law.

Kinderhook, NY — April 5, 2016... Citing New York's outrageous property taxes as a major cause of Upstate's economic decline, Congressional candidate John Faso (R - Kinderhook) today announced that, if elected, he will introduce legislation amending federal law (42 USC 1396a) to eliminate a state's ability to impose a local government share of Medicaid costs.

The Pennsylvania Public Utility commission is ordering 17 utilities to lower distribution rates as a result of federal tax - cutting legislation signed in December by President Donald Trump.

These announcements have come as Cuomo has been working to preempt, then react to recently - passed federal tax reform legislation that is opposed by New Yorkers across the political spectrum.

As WBFO's Chris Caya reports - legislation will be proposed on Capital Hill to bar Cuomo from funding the program with federal tax dollars.

Throughout the mayhem of each state introducing its own «Amazon Tax,» as some were calling it, the retailer has maintained that it is in compliance with a 1992 Supreme Court ruling, but that should any federal legislation be enacted nationwide it would comply.

On top of all this, she cosponsored legislation involving federal refinancing, student loan forgiveness, as well as beneficial tax exemptions.

Profit or loss resulting from the sale of certain assets classified under the federal income tax legislation as capital assets.

Just don't get your hopes for any sweeping attempts at a national carbon price or tax — federal legislation is going to be D.O.A. as long as the inertia of the Tea Party still grips Congress.

Virginia passed legislation in 2003 exempting nonstock corporations from sale and use taxes if they're exempt from federal income taxes with the IRS as 501 (c)(3) or (4) corporations.

The statement was reinforced by Russia's Federal Tax Service declaring in November that the use of cryptocurrencies was in no way prohibited by Russian legislation and from the fiscal point of view was the same as foreign currency transactions.

Ironically, our civil partnership legislation provides more rights than US state - based civil marriage because the latter can not include federal rights in critical areas such as immigration, tax and health benefits.

In September, the association publicly recognized Sen. Kevin Ranker as the organization's 2011 REALTOR ® Legislative Champion for his role as the prime sponsor of legislation that rejected a federal department of revenue interpretation of tax statutes requiring offices to pay business and occupation tax on other real estate offices» commission amounts; it meant taxing a portion of real estate commissions twice.