Sentences with phrase «border taxes start»
It's hard for a company in any of the three countries to know how to calculate the payoffs of sourcing car parts from the US or building a factory in Mexico if, in a just few years, access to those parts or that labor might become a lot more costly if NAFTA collapses and border taxes start soaring.
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White House press secretary Sean Spicer then followed this up with comments suggesting that the Trump administration is considering a 20 % tax on imports, starting with Mexico, that would help finance the building of a border wall between the US and Mexico.
Last year, before his inauguration, Trump tweeted that General Motors would «pay big border tax» if it started manufacturing cars in Mexico.
The World Bank Ease of Doing Business rankings assessed countries based on 11 indicators such as starting a business, access to a credit facility, registering a property, access to electricity, paying taxes, protecting minority investors, trading across borders, enforcing contracts and resolving insolvency.
Through case studies and legal research the publication measures aspects of regulation affecting 11 areas of the life of a business, such as starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting minority investors, paying taxes, trading across borders, enforcing contracts and resolving insolvency.
Ten of these areas are included in this year's ranking on the ease of doing business: starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting minority investors, paying taxes, trading across borders, enforcing contracts and resolving insolvency.
Although the Canada Revenue Agency (CRA) is not likely to start devoting as many resources to finding unreported offshore income as its counterpart in the U.S., it is clear that the issue has recently become a greater priority north of the border, says Toronto tax litigation lawyer David J. Rotfleisch.
The framework that Trump and congressional Republicans plan to release Wednesday would form the starting point for the tax debate in the coming months, which comes as the administration seeks a legislative victory in 2017 after failing to repeal Obamacare or win full funding to build a wall on the southern border.
If international retailers start to scale back operations to offset the costs of a border adjustment tax, will landlords have to imagine Lennox Square in Atlanta without TopShop, Boston's Downtown Crossing without Primark, or Manhattan's Fifth Avenue without an H&M?