Sentences with phrase «to avoid taxation»

To avoid taxation on policy distributions in excess the policy's basis, loans can be used to access additional cash values tax free.

Our government got wind of how people were avoiding taxation by investing large sums in small insurance policies.

They choose the REIT structure in order to avoid taxation at the corporate level.

Generally speaking the policy must be owned by someone other than the insured for at least three years prior to death in order to avoid taxation as part of the estate.

At present, businesses are free to sell shares to another company and thus avoid taxation.

However beyond that you may have some better options to avoid taxation assuming all your plans go well.

Proper planning such as placing ownership in a trust can avoid these taxation issues.

Even if you receive a Form 1099 - C from a lender, you still may be able to avoid taxation on the forgiveness of a debt.

If the beneficiary turns age 30 before withdrawing the funds, they may avoid taxation by transferring the account to another qualifying relative or by rolling the ESA into a 529 Plan.

Trust funds avoid taxation of the policy as it is paid out to your estate as well, allowing your child to receive more of the money, and in a method that gives them the most benefit.

Certain other types of debt, including qualified farm indebtedness and qualified real property business indebtedness, can also avoid taxation in the event of cancellation.

As cryptocurrency investors continue to see gains, it appears they're also continuing to stay quiet about their earnings to avoid taxation from the...

In fact, an Internal Revenue Service (IRS) loophole known as the «like - kind exchange,» which had allowed crypto investors to sell one virtual currency and put that money to work in other digital tokens (a like - kind exchange) allowed investors to completely avoid taxation as a result of technicality.

The 1986 Tax Reform Act aims to reduce these privileges, but landowners» past ingenuity in avoiding taxation warrants continued vigilance over tax structures.

A recent Smoking and Health fact sheet estimated up to 25 per cent of cigarettes smoked in the UK avoid taxation, representing a multi-billion pound loss in funds.

You can not rollover any part of the total amount distributed into your own IRA and thereby avoid taxation on the money.

To me it seems a TFSA («high» interest TFSA like Ideal Savings 2.25 %) is the way to go for flexibility and to avoid taxation when pulling your money out, but maybe I'm missing something.

If you or your spouse has RRSP room, you can transfer the AIP directly to an RRSP to avoid taxation subject to a limit of $ 50,000.

During your working life, it may be possible to make post-tax contributions to certain employer - sponsored retirement accounts, such as a 401 (k), to avoid taxation later.

Lastly unlike other investments it is not as simple to get your funds out since you have to take the cash value out as a loan to avoid taxation which the loans may have caps plus there is also interest on the loans.

However, bitcoins can be bought on foreign exchanges and «smuggled» into the country avoiding taxation.

If your company owns life insurance policies on your executives or any key people for that matter, you need to be aware of the potential tax ramifications and the requirements to avoid taxation of benefits.

The Roth IRA is a special type of retirement account that makes it possible to avoid taxation on investment returns because you invest with money that you have already paid taxes on in the present.

Starwood also pays out an excellent dividend of 8 %, as required by REIT legislation to avoid taxation at the trust level.

«However, we firmly believe that many highly profitable companies have been avoiding taxation in New York State for far too long and it must end.»

Critics maintain the Delaney measure would have amounted to a huge giveaway of tax revenue to companies in the midst of wide public concern over the use of so - called inversion deals to avoid taxation by relocating corporations overseas.

As cryptocurrency investors continue to see gains, it appears they're also continuing to stay quiet about their earnings to avoid taxation from the IRS.

Workers who face higher individual rates may decide it is preferable for lower salary and wages to avoid taxation, so they go back to looking for full - time work with benefits.

Another priority is to make sure that profits, including those derived from IP, can't be shifted to avoid taxation.

The amount of money repatriated could be substantial, with the Congress's Joint Committee on Taxation estimating that U.S. multinationals had as much as $ 2.5 trillion (as of 2015) offshore to avoid taxation.

The 11.5 million documents indicated that these high net worth individuals had been establishing shell companies in Panama to avoid taxation.

The community center I think is their relgion's way of avoiding taxation.

Some companies leave their foreign revenues overseas in order to avoid that taxation.

Private equity funds might float stubs of their holdings on the public equity markets in order to avoid taxation.

But, felt to avoid the taxation of the same as LTCG, am considering the option of investing in Balanced Funds.

The only way to avoid taxation on the bond is to hold it until maturity at which time you will get your original investment back (no capital gains).

A direct benefit is being able to fund more tax deferred growth due to avoiding taxation on the premiums paid in.

Avoid taxation - Inflation is bad enough, but taxation is even worse.

Just say your a couple and want to retire in 10 years, so you together have 100,000 of TFSA room, you transfer in kind from the non-registered funds of the SM — then withdraw funds from the TFSA to avoid taxation and create room again to do it again the next year?

If we are able to do a «transfer in kind» of non-registered funds into a TFSA closer to retirement in order to avoid taxation and wash non-registered funds like those of the Smith Manouvre before we actually need it.

This comment is also theoretical — so what if we will we be able to do a transfer in kind of non-registered funds into a TFSA closer to retirement in order to avoid taxation and wash non-registered funds like those of the Smith Manouvre or other non-registered investments — so if we have 100,000 of TFSA room we transfer in kind from the non-registered funds — then withdraw funds from the TFSA to avoid taxation and create room again to do it again the next year?

I would prefer this situation anyway rather than having a check made out to me that I then have to deposit within 60 days to avoid taxation... Is that the scenario the IRS is hoping to avoid with this rule?

Such tax strategies may accelerate the recognition of income by the Fund (without the receipt of cash) and increase the amount required to be distributed by the Fund to avoid taxation.

Although it is often impossible to avoid taxation on these funds, there are many strategies available that you can use to reduce the amount of interest and / or capital gains that you must report from these funds.

In addition to keeping cruelty hidden in the barn, SB 637 gives the puppy mills a green light to continue to avoid taxation.

Finally, an online game Taxodus (2012 - 13) invites visitors to weigh their options and try their hand at offshore investment and global citizenship in order to avoid taxation and become elite players in the world economy.