Sentences with phrase «awarded tax credits»

New York City failed to collect nearly $ 60 million in tax revenue because the Department of Finance improperly awarded tax credits to dead people and corporations, an audit by the city comptroller released Thursday found.

New York City failed to collect nearly $ 60 million in tax revenue because the Department of Finance improperly awarded tax credits to dead people and corporations, an audit by the city comptroller released today found.

The agency that runs the state's Excelsior Jobs tax credit program often failed to check on companies» eligibility before they joined the program and did not follow up on whether the companies had met their investment and job creation goals before awarding them tax credits, the state Comptroller's Office found in a critical audit.

Yet Florida continues to offer vouchers for disabled students who want to attend private schools and awards tax credits to corporations that donate to private - school scholarship programs.

As in existing scholarship laws, scholarship - or scholarship - and - education - savings - account granting hybrid organizations would accept charitable contributions, and the state would award tax credits to donors as part of their income tax filings.

This plan would just award a tax credit instead of a carbon credit.

Not exact matches

Cleveland has also benefited from a new government program that has awarded more than $ 160 million in tax credits to the city's development projects, leveraging almost $ 1.5 billion in redevelopment, according to CBRE, a commercial real estate services company.

Tax credits are only awarded in certain circumstances, however.

Adjusted EBITDA is defined as net income / (loss) from continuing operations before interest expense, other expense / (income), net, provision for / (benefit from) income taxes; in addition to these adjustments, the Company excludes, when they occur, the impacts of depreciation and amortization (excluding integration and restructuring expenses)(including amortization of postretirement benefit plans prior service credits), integration and restructuring expenses, merger costs, unrealized losses / (gains) on commodity hedges, impairment losses, losses / (gains) on the sale of a business, nonmonetary currency devaluation (e.g., remeasurement gains and losses), and equity award compensation expense (excluding integration and restructuring expenses).

The Government's response to that report, published today, commits to carrying out a review of the remaining cases where Concentrix amended or terminated a tax credit award but where the claimant did not request a mandatory reconsideration (the first step in the appeals process).

There's been scandal - the suspension of MP Michelle Thomson over allegations about property deals, the award of a # 150,000 government grant to the organisers of the profitable T in the Park music festival after a meeting brokered by a former SNP adviser - and there's been political ineptitude, most notably when the nationalists were put on the back foot by a Labour pledge to use Holyrood's powers to overturn tax credit cuts.

A medical records technology firm, eHealth Technologies, has been awarded up to $ 2 million in state tax credits.

Individuals and businesses can receive a tax credit for up to 75 percent of their donations made to not - for - profit organizations that award scholarships to students in grades P - 12.

This has allowed HMRC to update the tax credits award automatically with the extra child disability amounts, even where claimants have not directly notified them about the benefit.

«We recommend that both HMRC and DWP urgently review their communication products to understand why claimants have not informed HMRC about the award of their child's disability benefit especially when it often leads to an increase in the amount of tax credits received.

DeFrancisco said he's not going to drop his criticism of the state's film tax credits, a program that awards $ 420 million annually to one industry and stands to benefit the hub's first tenant, The Film House, a movie production studio.

Empire State Development said it could provide no records when The Post-Standard asked for an updated list of each film and the amount of tax credits awarded to each.

HCR's investment in MACH includes: a Housing Trust Fund award of $ 2,332,189; Annual Low Income Housing Tax Credit of $ 849,052; Annual State Low Income Housing Credit of $ 333,511; and a $ 200,000 Urban Initiative grant.

The state is on track this year to award $ 800 million across all 10 regions, including up to $ 225 million in performance - based grants and tax credits from Empire State Development, and approximately $ 575 million from two dozen state agency programs.

· The statistics don't appear to take into account successful appeals by claimants against HMRC, resulting in the reinstatement of tax credit awards

· you have a nil award (where you are entitled to child tax credits but not receiving payments because your income is too high),

Provisional payments are the tax credits you receive from 6 April at the start of the tax year until you renew and HMRC make an award based on your renewal figures.

Albany, N.Y. — Central New York is the top winner in the latest round of Gov. Andrew Cuomo's regional economic development council awards, garnering $ 86.4 million in state grants and tax credits for development projects.

In a statement, HCR spokeswoman Stephanie Davis noted the agency «has granted 180 awards over the last five years through its annual competitive funding application for tax credits and low interest loans, and these projects were given the same consideration as all the others.

Empire State Development Takes Home Emmy Award for Best Corporate Welfare Reclaim New York Initiative offered the following statement in response to Empire State Development's shameless bragging about taxpayer - financed productions winning Emmy awards: «The state's film tax credit job claims are a fiction straight out of the Hollywood productions they're forcing New York taxpayers to finance.

By Sean Ryan State officials plan to use tax credits awarded Friday to drum up work for builders such as Jon Matthews, who started an electrical company this week.

The documents are key in the annual competition that awards up to $ 150 million in capital funds and $ 75 million in Excelsior Tax Credits.

Up to $ 720 million in state tax credits and grants, to be awarded through a fifth competition among 10 Regional Economic Development Councils with a focus on key industries

In 2014, New York State Homes and Community Renewal awarded $ 900,000 in annual Low Income Housing Tax Credits to Salina Crossing as part of Governor Cuomo's $ 1 billion House NY initiative to build and preserve affordable housing and revitalize communities.

KINGSTON, N.Y. >> State tax credits awarded to RUPCO late last year for its Energy Square apartment building in Midtown will be worth $ 6.3 million, Gov. Andrew Cuomo's office said Thursday.

Shortly after accepting an «Outstanding Achievement in State Tax Reform» award from the Washington, D.C. - based Tax Foundation — which Mr. Cuomo's Secretary Larry Schwartz once called a «right - wing think tank» that manipulated data — the governor lavished praise on the current state legislature, which he credited with helping move New York State up in the Foundation's corporate tax rankings from number 25 to number four out of all 50 statTax Reform» award from the Washington, D.C. - based Tax Foundation — which Mr. Cuomo's Secretary Larry Schwartz once called a «right - wing think tank» that manipulated data — the governor lavished praise on the current state legislature, which he credited with helping move New York State up in the Foundation's corporate tax rankings from number 25 to number four out of all 50 statTax Foundation — which Mr. Cuomo's Secretary Larry Schwartz once called a «right - wing think tank» that manipulated data — the governor lavished praise on the current state legislature, which he credited with helping move New York State up in the Foundation's corporate tax rankings from number 25 to number four out of all 50 stattax rankings from number 25 to number four out of all 50 states.

In the 2011 round of Gov. Andrew Cuomo's regional economic development council awards, the Albany Industrial Development Authority was granted $ 5.4 million in low - cost financing, and the Department of Homes and Community Renewal authorized $ 2.4 million in Low Income Housing Tax Credits.

Hence, to avoid further corruption, Cuomo's award on Dec. 10 of about $ 50 million in capital grants and state tax credits to Nassau County for government and private - sector projects must be postponed until Mangano's recommendations — like the $ 3 million for county - owned Nassau Hub infrastructure improvements and Grumman studios run by a Mangano donor — are vetted to ensure they weren't driven by cronyism or campaign contributions.

J.P. New York State Preservation Credit to Increase The New York State Assembly has passed a bill to make a historic preservation tax credit more generous, raising the maximum award from $ 5 million to $ 12 miCredit to Increase The New York State Assembly has passed a bill to make a historic preservation tax credit more generous, raising the maximum award from $ 5 million to $ 12 micredit more generous, raising the maximum award from $ 5 million to $ 12 million.

Housing Visions had a long track record of using low income housing tax credits awarded by the state to build affordable housing.

The sequel was first made public in early June when it was awarded part of the California's $ 100 million Film / TV tax credit this year, just before the original Purge came out on June 7.

For example, what would the overall number of tax credits that could be awarded be?

And awarding some citizens a tax credit allows other citizens to retain control over their own funds in accordance with their own consciences.

Last September, there was a groundbreaking study from the Urban Institute that looked at long - term outcomes in the Florida Tax Credit Scholarship program, which awards scholarships to eligible children from low - income families.

By making donations subject to a tax credit, philanthropy would easily flow to scholarship organizations, allowing those organizations to award scholarships to millions of students nationwide.

There is an annual statewide cap of $ 10 million that can be awarded in tax credits under this program.

The state will award a total maximum of $ 1 million in tax credits.

Virginia — Virginia awards businesses and individuals tax credits for contributions made to «scholarship foundations».

The total amount of tax credits that can be awarded statewide is capped at $ 25 million per year.

Each has its own cap on the value of the credit, however, the income tax credit is awarded the most.

Essentially, donors would receive a federal tax credit only if they give to SGOs that award funds to all students looking to attend all types of schools.

The tax - credit ESA law should allow scholarship organizations to award funds to qualifying students that could then be used for multiple products and services.

A tax - credit ESA law should allow private organizations to contract with banks or other firms to award bank accounts with debit cards or specialized online accounts that participants can use for these various expenses.

These 10 programs cover 93 percent of total scholarships awarded to students participating in tax - credit scholarship programs nationwide.

Georgia would be expanding its educational choice programs from the Georgia Special Needs Scholarship Program — a voucher program with more than 4,000 students participating in 2015 — 16 — and the Qualified Education Expense Tax Credit — a tax - credit scholarship with nearly 13,000 scholarships awarded in 2015 — into a universal educational choice progrTax Credit — a tax - credit scholarship with nearly 13,000 scholarships awarded in 2015 — into a universal educational choice prCredit — a tax - credit scholarship with nearly 13,000 scholarships awarded in 2015 — into a universal educational choice progrtax - credit scholarship with nearly 13,000 scholarships awarded in 2015 — into a universal educational choice prcredit scholarship with nearly 13,000 scholarships awarded in 2015 — into a universal educational choice program.