Sentences with phrase «as substantial tax»

The Commission says that Luxembourg must make Amazon pay back the entire amount as substantial tax benefits are considered to be illegal aid.

Employers who can make a tax - deductible contribution into an IRA for yourself and on behalf of your employees as a substantial tax - free fringe benefit.

Not exact matches

The problem, according to the plan's critics, is that financial entities such as private - equity, venture capital and hedge funds are all partnerships whose wealthy partners would see substantial tax savings on large portions of their income unless congressional tax writers find a way to exclude them.

Last fall, the president's economic advisors, Wilbur Ross and Peter Navarro, had described the plan as deficit - neutral with substantial tax credits encouraging investment from the private sector.

It is very important to know the difference between tax - deferred and tax - exempt, as it can make a substantial difference to your personal financial situation down the road.

Looking forward to the 2018 tax year and beyond, the student loan interest deduction remains unchanged though there was a substantial discussion about changing or even eliminating it as part of the Trump tax plan.

Avoid doing things that cause unnecessary taxation, such as frequently trading investments and incurring substantial short - term capital gains tax, which have higher rates than longer - term investments.

The reason for such unanimity is primarily the substantial economic costs associated with taxes on corporations, although the uncertainty as to who really pays such taxes no doubt also contributes to the disdain in which they are generally held by economists.»

But looking further out, as housing and other construction markets fully recover, we believe USG will be earning considerably more and producing substantial free cash flow as the company benefits from large tax assets that help to shelter earnings.

High - return assets that produce a substantial amount of their return through taxable income, on the other hand, should be primarily held in tax - deferred accounts such as IRAs and 401 (k) s.

Examples of these risks, uncertainties and other factors include, but are not limited to the impact of: adverse general economic and related factors, such as fluctuating or increasing levels of unemployment, underemployment and the volatility of fuel prices, declines in the securities and real estate markets, and perceptions of these conditions that decrease the level of disposable income of consumers or consumer confidence; adverse events impacting the security of travel, such as terrorist acts, armed conflict and threats thereof, acts of piracy, and other international events; the risks and increased costs associated with operating internationally; our expansion into and investments in new markets; breaches in data security or other disturbances to our information technology and other networks; the spread of epidemics and viral outbreaks; adverse incidents involving cruise ships; changes in fuel prices and / or other cruise operating costs; any impairment of our tradenames or goodwill; our hedging strategies; our inability to obtain adequate insurance coverage; our substantial indebtedness, including the ability to raise additional capital to fund our operations, and to generate the necessary amount of cash to service our existing debt; restrictions in the agreements governing our indebtedness that limit our flexibility in operating our business; the significant portion of our assets pledged as collateral under our existing debt agreements and the ability of our creditors to accelerate the repayment of our indebtedness; volatility and disruptions in the global credit and financial markets, which may adversely affect our ability to borrow and could increase our counterparty credit risks, including those under our credit facilities, derivatives, contingent obligations, insurance contracts and new ship progress payment guarantees; fluctuations in foreign currency exchange rates; overcapacity in key markets or globally; our inability to recruit or retain qualified personnel or the loss of key personnel; future changes relating to how external distribution channels sell and market our cruises; our reliance on third parties to provide hotel management services to certain ships and certain other services; delays in our shipbuilding program and ship repairs, maintenance and refurbishments; future increases in the price of, or major changes or reduction in, commercial airline services; seasonal variations in passenger fare rates and occupancy levels at different times of the year; our ability to keep pace with developments in technology; amendments to our collective bargaining agreements for crew members and other employee relation issues; the continued availability of attractive port destinations; pending or threatened litigation, investigations and enforcement actions; changes involving the tax and environmental regulatory regimes in which we operate; and other factors set forth under «Risk Factors» in our most recently filed Annual Report on Form 10 - K and subsequent filings by the Company with the Securities and Exchange Commission.

Among these layers are a variety of tax rules, which encourage religions to reshape themselves so as to be eligible for tax benefits, and the recent legislative efforts, certainly constitutional but perhaps of dubious value to religion, to allow religious groups to share in the rather substantial largesse of the programmatic side of the welfare state.

Because of the low wages they pay workers in South Africa and Latin America, treating their financial losses as tax write offs, when labor negotiations were going on and violence threatened, the companies certainly had the upper hand; the unions accepted a substantial cut in wages and benefits.

As to the recession question — I'd imagine recessions also put a substantial dent in revenue from income taxes, right?

For instance, his second term (2010 - 2014) saw the Hungarian government enact additional taxes on banks (mostly foreign owned) and some parts of the energy and utilities sector as well (again, affecting substantial foreign interests).

The revised scheme hits the rich hardest, but also requires a substantial increase in the basic rate of tax to 30 %, as well as lifting national insurance to 12 % of all income.

So far as wealth is concerned, Scotland does have substantial oil resources off its coasts, which will continue to provide much economic activity in parts of the country, as well as a stream of tax revenue.

It's worth pointing out that a substantial minority of Lib Dems are very keen on ideas such as Land Value Tax which would directly address many of the problems arising from asset inequality, in particular the fact that land owners can often make substantial gains in wealth as a result of public works funded out of the income and consumption taxes paid by those of substantially less wealth than themselves.

Doubles Existing Deductions for Start - up Costs for New Small Businesses: New start - ups typically face a number of substantial expenses in their first year they get off the ground, such as permits, consulting costs, expenses in finding clients and custoemrs and other needs, but are limited in the amount of expenses they can deduct that year on their taxes.

Many tabloids criticised the chancellor's decision to tax «hot grub» during last week's Budget as a further sign that lower income families were being hurt while those earning over # 150,000 won a substantial tax cut.

The billionaire described how he had renegotiated an undertaking he gave as a condition of his peerage to become a full British resident to allow him to retain his non-dom status and avoid paying tax on his substantial international earnings.

No charges have been filed, but prosecutors are examining «substantial payments» from a tax firm that has helped some of New York City's biggest developers (who double as the state's top political donors) reduce the property tax bills on their holdings.

The judge in the case noted that Silver took a «number of official acts — most obviously passing legislation and approving state grants and tax - exempt financing — as part of a quid pro quo, but there remained a «substantial question» on whether the court's jury instructions were valid in light of the McDonnell ruling.

Taxpayers will receive the same net benefit, but SOF spending growth appears lower.3 Other substantial changes include shifts in workers from payrolls in the general fund to those paid by capital funds, reclassifying the Sales Tax Asset Receivable Corporation (STARC) funds from a miscellaneous receipt to an offset against spending, and shifting expenses off - budget as shown in Table 3.

Gerold was especially critical of a Senate bill that allots substantial funds as tax credits for donations to nonpublic schools.

If she did so yesterday during a speech she gave to the Family and Parenting Institute (FPI), the Guardian doesn't say so this morning, but it does report that she described marriage policy as one of the few areas of substantial difference between the Coalition partners, and said that she'd «no idea» when the promised marriage tax break would be implemented.

The imposition of a substantial severance tax should be considered in New York State not only to ensure that the state will have some revenue to use for mitigation of environmental, health and infrastructure degradation, but also to ensure some revenue to the state in the likely event that the overall economic impact is not as substantial as is currently being assumed.

«As Assembly Minority Leader, I was encouraged to hear the governor put forward priorities that fall in line with a number of Conference proposals, including: pension forfeitures for convicted officials, a Constitutional Convention, greater resources for our State Police and focus on public safety, tax relief for small businesses, tax credits for teachers, and a substantial investment in education.»

«What makes for a lethal cocktail on this is that the Conservative party wants to devolve 100 % of income tax to the Scottish parliament and then immediately end the right of Scottish MPs to vote on income tax on a matter as substantial as the budget in this parliament of the UK.

But as Cullen points out, today's EVs are far too costly for the average consumer, even with substantial tax breaks.

Widely regarded as the most substantial departure to date from the traditional «step - and - lane» pay scale, the «Professional Compensation plan for teachers» required Denver's teachers to vote for a new pay model and local voters to boost taxes by $ 25 million annually to fund the program.

When earnings from 529 contributions accrue over long time periods as they do, for example, when parents establish and fund a 529 plan when their child is young and begin to draw it down when that child enters college, the financial benefit of exemption from federal taxes can be substantial.

House Republicans have signaled for months that their proposed tax breaks won't be as substantial as the Senate, whose tax changes would eat up more than $ 1 billion in revenue through mid-2019.

In the past, flights advertised as «free» may in fact have cost the consumer a substantial amount of money, especially on international flights where taxes could amount to hundreds of dollars.

One big caveat is that Pacifica also comes as a hybrid model, albeit for a few thousand dollars more (before a substantial tax credit) than this very highly specified Limited example I've been driving.

If it's a major item, like a bankruptcy or tax lien, the improvement could be substantial, perhaps as much as 200 points for recent activities.

Income tax rates in Australia are as high as 45 % on the highest individual earners, a substantial portion of earned income.

By default this is treated as ordinary income, which means substantial taxes.

If your spouse is an exempt individual pertaining to the substantial presence test for 2009 or if your spouse does not have a green card at any time during 2009, your spouse may still be treated as a nonresident alien for the purpose of withholding social security and Medicare tax.

This usually happens only if you have other substantial income (such as wages, self - employment, interest, dividends and other taxable income that must be reported on your tax return) in addition to your benefits.

The deferred compensation 457 program offers substantial advantages over conventional investing as it significantly reduces your investment taxes.

If you have substantial medical bills pending, you can boost your deduction by scheduling other medical procedures or expenses in the same year — and especially by scheduling as much as possible for the 2018 tax year (taxes due in April 2019).

As I understand it, any increase in the value of the stock is tax free which COULD be quite substantial.

(By saving more, I do not just mean saving the value of the tax deduction — I mean substantial additional savings as well.)

Some tax planners suggest that life insurance be purchased to pay taxes on deemed disposition at death, but for older persons such as Harry and Phyllis, the cost could be substantial.

And it would impose a substantial tax burden on existing home buyers, many of whom continue to stay current with their mortgage payments even as they struggle to make ends meet.

However, if you are in the United States on a F - 1 student visa (and you don't have a green card or don't satisfy the substantial residence requirement), you usually file your federal tax return as a nonresident alien.

But as long as a substantial Trump tax - cut plan potentially remains on the table, or actually gets passed, the Trump Bump looks sustainable to me.

The executive's high tax bracket and substantial NUA, both in absolute terms and as a percentage of her company stock's market value, enabled the NUA rule to produce considerable tax savings.

This specific type of whole life insurance offers substantial benefits to key people due to the steady accumulation of cash value within the policy and the flexible access to cash, as well as favorable tax treatment.