Sentences with phrase «be subject to taxation at»

In addition, in other cases the IRS has considered whether recovered lost wages should be subject to taxation at the time of settlement.

For example, if the current credit is $ 11,200,000 for an unmarried person and the gross estate is $ 20,000,000, then $ 8,800,000 would be subject to taxation at a rate of 40 %.

Not exact matches

If you do claim early, those extra years will also be subject to taxation, said Ronald L. Myers, managing member at Fortune 360 Group in Plantation, Florida.

The EC said on Monday: «The Commission considers at this stage that the treatment endorsed in the two tax rulings may have resulted in tax benefits in favour of Inter IKEA Systems, which are not available to other companies subject to the same national taxation rules in the Netherlands.»

The taxable portion of a RMD is subject to Federal taxation at ordinary income rates.

The potential tax benefits from investing in MLPs depend on their being treated as partnerships for federal income tax purposes and, if the MLP is deemed to be a corporation, then its income would be subject to federal taxation at the entity level, reducing the amount of cash available for distribution to the fund which could result in a reduction of the fund's value.

At most 85 % of Social Security retirement benefits will be subject to income taxation.

The fact that corporate income is subject to «double taxation» is one reason that Congress has been willing to allow the erosion of taxation at the corporate level.

Article X, section 3 of the Colorado Constitution, among other things, fixes the assessment rate (the percent of property value that is subject to taxation) for most non-residential real property at 29 % of its actual value and lowered the assessment rate for residential real property from 30 % to 21 % of actual value.

Although the new hybrid Panamera has up to 410bhp and 425 lb ft of torque at its disposal (and a 0 - 62mph time of just 5.5 sec), this two - tonne car is subject to minimal taxation thanks to its 71g / km emissions rating — a figure that also exempts it from the London Congestion Charge.

It's not the biggest news at Frankfurt, but the arrival of the Range Rover Hybrid and Range Rover Sport Hybrid is big news for Land Rover, and for buyers running cars who are subject to taxation on benefits.

As with all hypotheticals, this example does not represent the performance of any specific investment and the earnings would be subject to taxation upon withdrawal at then - current rates and subject to penalties for early withdrawal.

For instance, income is 100 % taxable at your marginal rate (which increases as your income increases), where as interest income (on, say, bonds) is also subject to 100 % taxation at your marginal tax rate.

That's right — you'll pay taxes on your dividend income at the 15 % dividend rate... but the company itself doesn't pay taxes, so it avoids the double - taxation loophole to which most dividends are subjected.

This means the IRA funds transferred to an RRSP may be subjected to double taxation: once at 30 per cent (or 40 per cent if under 59.5) in the year of transfer and again when the RRSP (or, ultimately, RRIF) funds are withdrawn and taxed on his Canadian return.

Federal Gross Estate: The property that is included into the calculation for determining the decedent's property that is subject to Federal estate taxation (generally speaking that is comprised of property owned by the decedent at death, property in which the decedent had any incidents of ownership, life insurance death benefit proceeds, and certain gifts).

This income is not subject to current taxation, but is taxed at possibly more favorable rates when withdrawn, usually at retirement.

A traditional Corporation is subject to double taxation, at both the corporate and personal levels.

The US Internal Revenue Service issued a notice in late March that classified bitcoin as property for purposes of taxation, clarified that mined bitcoins are taxable at the time they are received, and specified that bitcoins received in connection with a trade or business or as wages are subject to withholding and / or payment of Medicare or social security taxes.

The gain, which is based on the difference between the cost of the shares and the deemed fair market value, is subject to tax on 50 per cent of the gain taxable at your own rate of taxation in the year the shares were gifted or were sold below fair market value.