Sentences with phrase «because of tax laws»

I am sure many have moved because of tax laws or labor laws but I am not sure any company has ever actually moved because a law along these lines passed.

Jack Brocksmith, president of TAG Express, a $ 4.8 - million S corporation in Duluth, Ga., that licenses sports - team products: «We switched to an S corporation only a few years ago because of the tax laws.

As was pointed out on the panel, a lot of that cash is being held overseas because of the tax laws in the U.S.; it's taxed 30 %.

This seems weird, but it's all one portfolio that happens to be arbitrarily split into separate accounts because of tax law.

In the last quarter of the current State fiscal year, for example, withholding collections are expected to be reduced by more than $ 1.0 billion because of the tax law changes.

Not exact matches

The law's personal tax cut could furnish an additional incentive because when people get to keep more of what they earn, working looks more attractive.

While the new law is expected to be a long - term positive for most companies, several announced they would have to take one - time charges because the lower rate reduced the value of their deferred tax assets, which represent taxes already paid.

«This is really a power grab and it's a phony bill because the whole intention is to take it up to our state supreme court to overturn the constitutionality of the no income tax that has been the tradition of our state, as well as state laws,» Hutchison told CNBC.

WASHINGTON — Because of substantial wage growth, bonuses, and other positive economic factors, the Republican tax law is gaining in popularity with the American public after initially negative reviews, which is becoming a problem for Democrats looking to run on a cohesive economic message in 2018.

On the other hand, 71 percent favor the law's Medicaid expansion, 66 percent of young adults favor the prohibition on denying people coverage because of a person's medical history, 65 percent favor requiring insurance plans to cover the full cost of birth control, 63 percent favor requiring most employers to pay a fine if they don't offer insurance and 53 percent favor paying for benefit increases with higher payroll taxes for higher earners.

Both metropolitan areas have said, for example, that short term rentals procured through Airbnb and VRBO are essentially against the law, as they cheat cities out of millions of dollars of tax revenues, but also because they aren't regulated the way hotels are, and could be fire traps or have other safety considerations about which hapless customers are not likely to be aware.

Apple on Wednesday made a slew of announcements about its investment in and contribution to the U.S. economy in part because of the new tax law.

«If you anticipate the kind of huge appreciation in your personal wealth that could come from an IPO or a company sale, the best thing you can do is transfer stock to your heirs before the sale, because it will be worth much less then, and that minimizes the tax liability,» explains Allan Landau, a partner with Boston law firm Sherburne, Powers & Needham.

The new tax law affects people because of the limitations it places on deductions they can make on their state and local income and property taxes.

(Never forget House Speaker Paul Ryan's now - deleted tweet celebrating a public high school employee's salary increasing by $ 1.50 weekly because of the GOP tax law.)

Deputy Finance Minister Alexei Moiseev told reporters that, «We categorize mining as a business activity» and went on to explain that because the proposed law contains no specific guidance on mining taxation, conventional tax laws will apply to the proceeds of digital asset mining operations.

The chaplain for the House said a top aide to the House speaker had told him last month his departure had been requested in part because of a prayer about the Republican tax law and because of his Catholic faith.

The IRS overpaid nearly $ 3.5 billion in Obamacare tax credits last year that it can not recoup because of constraints built into the program, frustrating Republicans who have failed to repeal the health care law but say that money could have been spent on programs for veterans or infrastructure.

In addition, our future income taxes could fluctuate because of earnings being lower than anticipated in jurisdictions that have lower statutory tax rates and higher than anticipated in jurisdictions that have higher statutory tax rates, by changes in the valuation of our deferred tax assets and liabilities, or by changes in tax laws, regulations, or accounting principles.

The new tax law will make it harder to benefit from itemized deductions for state and local tax, partly because of an increase in the standard deduction and partly because of a new limit on this particular deduction.

It's because of that delicate majority that many White House officials expect a tax bill — if it eventually becomes law — to more closely resemble the Senate bill.

Banks will benefit in the long run from the lower corporate tax rate, although they are currently taking large accounting charges because of the new tax law.

The PMA supports a federal approach to sales tax reform because it will eliminate the Affiliate Nexus Tax laws that have devastated hundreds of thousands of affiliate marketers around the country, it is Constitutional, and it has a very good chance of passatax reform because it will eliminate the Affiliate Nexus Tax laws that have devastated hundreds of thousands of affiliate marketers around the country, it is Constitutional, and it has a very good chance of passaTax laws that have devastated hundreds of thousands of affiliate marketers around the country, it is Constitutional, and it has a very good chance of passage.

Because the changes in tax law may not affect all investor classes equally and may be different depending on the state in which the investor is located, the effect of these changes on demand for tax - exempt bonds and required investor yields is still being determined.

Mileage fraud is a violation of Japan's fuel efficiency law for autos because buyers are eligible for tax breaks if a vehicle model delivers good mileage.

Christians have voted to put their God's name on everyones money, add «Under God» to the flag salute, force schools to teach intelligent design with absolutely no scientific basis along side the sciences, voted to write their moral laws on the fronts of public courthouses and tax funded buildings, voted to ban certain people from living together, being intimate or raising children because their orientation didn't fit with their bible beliefs.

Just like all the illegal aliens that you love to see breaking the law, they are hurting the same amount of people as are here illegally because they are taking jobs and receiving tax dollars as welfare.

Your example of driving on the sidewalks is poor because it directly increases tangible risk to bodily injury of pedestrians, but if you used some other law like paying taxes i'd agree.

And the truth of the matter, most slugs making noise about abortion are only concerned with tax money being used, which in of itself clearly shows they do not know anything about the law, and the use of tax funds for abortion, because it is already illegal.

You eliminate the mandate by saying there can be no such mandate and you call the penalty that the law calls a penalty a tax because a tax in the absence of a mandate would be okay, and since there is no longer a mandate, it is possible to reimagine the penalty as a tax and therefore the new law without the mandate and the penalty, but with an optional tax, is constitutional even though that is not the law that Congress actually passed.

But doesn't Reno know that the Supreme Court has ruled repeatedly — in decisions from Grosjean v. American Press Co. (1936) to Leathers v. Medlock (1991)-- to strike down laws imposing differential taxes on speakers because of their content or viewpoint?

On another occasion when after a revival in Wales the clergy resolved to put away their concubines, the bishop actually forbade them because he would lose the revenue derived from the tax on such infractions of the canon law.64 The abolition of clerical concubinage was a major item on the docket alike of the Protestant and the Catholic reformers of the sixteenth century.

The public uproar over the issue heightened Wednesday following an assertion by the Finance Minister Seth Terkper that allowances and pensions are being taxed under the new income tax law, Act 896, 2015, because they are all forms of income no matter how they are earned.

Because of the new tax cut law, Walmart's going to raise wages and dole out bonuses.

The Upstate Republicans hate the Long Island Republicans because of their support of the Cuomo gun laws, Cuomo's $ 2 billion in new taxes, and Cuomo's strangle hold on Upstate's economy.

He was an original author of the Tax Cap and helped get that passed and was the driving force behind passage of the landmark Buster's Law making animal cruelty against pets a felony because animal abuse is a bridge crime and those who harm pets often go on to hurt people.

It appears NRG still qualified for a 100 - percent refund of its property taxes because of a loophole in the zone law.

Because that $ 320 million was something the governor had promised you, in lieu of a tax, which is not built on a promise, but on laws.

Like many blue - state Republicans, he voted against it primarily because of the new law's curtailment of the federal exemption for state and local taxes, a change that Cuomo has described in his letter as «an economic missile launched at the heart of the State of New York.»

«The basic rule is, if your house is improved and your house is worth more money because of the improvements, the tax law is saying you should pay a higher amount of taxes because your house is more valuable, which is true.

Each school district's tax cap is different, largely because the law exempts increases in several categories of spending.

In March 1999, the state Appellate Division suspended Ellner's law license because of the tax evasion case.

Mr. Johnson said he would approach land - use decisions by trying «to get to a place of yes»; that he wanted to take steps to «eradicate hunger in New York City»; and that he would deal with the prospect of tighter budgets — because of the new federal tax law or a potential economic downturn — by guarding funding for «programs and everyday things that affect the most New Yorkers and the poorest New Yorkers, to ensure that they don't get cut.»

And he has kept up a steady stream of criticism about President Donald Trump and the Republican Congress in Washington, repeating his charges that the federal tax law unfairly punishes blue states like New York because of the loss of some state and local tax deductions.

The only lawmakers looking to tweak the tax cap are Democrats who want taxes to increase so they can fund inefficiencies and spend more because these tweaks will only weaken the law with more exemptions instead of strengthening it by eliminating exemptions.

Second of all, the recovery is terrible because obama and the extremist nut cases who back him, like yourself, passed a horrible health care law that has slowed the economy, hes raised taxes and regulations and he's more obsessed with social engineering than helping people get back to work.

In addition, Cuomo has kept up a steady stream of criticism about President Trump and the Republican Congress in Washington, repeating his charges that the federal tax law unfairly punishes blue states like New York because of the loss of some state and local tax deductions.

Because much of the state's tax code is based on the federal law, big changes included in the recent tax overhaul in Washington will have significant and in some cases unforeseen effects on the state's own tax code.

«And that phrase is very significant in tax law because it means in my view, on the advice that I've had, that he can not avail himself of non-dom status.

I mean, we know that the parcel of land is private where the pipe sits, and we know it is only assessed at $ 200, but the people of New York City are not going to appreciate finding out they have to dicker with a village that is not required to exist and a county legislator who is not required at all if the village is not required, and a village that allows landlords, like the county legislator who has to live in his district, the village of new paltz, to not NOT be a commercial property tax rate because the TOWN has no Homestead Law.