Sentences with phrase «by general tax»

Whatever your opinion of (and tolerance for) local taxation, gazillions of dollars of tax - free bonds from all over America are backed by general tax revenues.
A federal supplemental income program funded by general tax revenues (not Social Security taxes).
Supplemental Security Income (SSI) is a Federal income supplement program funded by general tax revenues (not Social Security taxes):
the area or activities to which the funds raised from a municipal bond issue will be directed and, in turn, the source of future bond interest payments and principal repayment; for general obligation bonds, funds raised may be for general purposes, both operating and infrastructure, and payments are secured by the general taxing power of the issuer — usually a state, town, or city; revenue bonds are categorized under terms such as «Utilities» or «Transportation»

Not exact matches

«The tax is currently indexed to general inflation, and keeping that threshold tied to general not medical inflation means that by, say 2021, it's going to be difficult for most employers to avoid triggering the tax.
Such risks, uncertainties and other factors include, without limitation: (1) the effect of economic conditions in the industries and markets in which United Technologies and Rockwell Collins operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity prices, interest rates and foreign currency exchange rates, levels of end market demand in construction and in both the commercial and defense segments of the aerospace industry, levels of air travel, financial condition of commercial airlines, the impact of weather conditions and natural disasters and the financial condition of our customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization of the anticipated benefits of advanced technologies and new products and services; (3) the scope, nature, impact or timing of acquisition and divestiture or restructuring activity, including the pending acquisition of Rockwell Collins, including among other things integration of acquired businesses into United Technologies» existing businesses and realization of synergies and opportunities for growth and innovation; (4) future timing and levels of indebtedness, including indebtedness expected to be incurred by United Technologies in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including in connection with the pending Rockwell Collins acquisition; (5) future availability of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope of future repurchases of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level of other investing activities and uses of cash, including in connection with the proposed acquisition of Rockwell; (7) delays and disruption in delivery of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits of organizational changes; (11) the anticipated benefits of diversification and balance of operations across product lines, regions and industries; (12) the outcome of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact of the negotiation of collective bargaining agreements and labor disputes; (15) the effect of changes in political conditions in the U.S. and other countries in which United Technologies and Rockwell Collins operate, including the effect of changes in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general market conditions, global trade policies and currency exchange rates in the near term and beyond; (16) the effect of changes in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personntax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personntax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnTax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.
«The NDP are alleging that changes to the General Preferential Tariff — which removes preferential access to our marketplace to countries like China — is similar to the iPod tax proposed by the NDP.
By hiring contractors, you too can lower your payroll taxes, insurance costs and general overhead costs, like office space.
Two programs administered by the federal government and financed out of general tax revenues comprise the first pillar: Old Age Security (OAS) and the Guaranteed Income Supplement (GIS).
As talk about the economy has largely focused on tax cuts, the U.S. budget deficit and the potential for trade tariffs, one of the biggest things investors and the general public seem to be missing is the increased spending soon to be pumped into the U.S. economy by the government.
The NDP are proposing to increase the general corporate tax rate, but have not indicated by how much.
In a report by the Treasury Inspector General for Tax Administration (TIGTA) dated September 21, 2016, the IRS was chastised for not providing meaningful virtual currency guidance to taxpayers.
In 1996, the US General Accounting Office estimated that a tax agency reconciliation system could reduce the time spent preparing tax returns by as much as 155 million hours a year for 51 million taxpayers and reduce the IRS's costs by up to $ 37 million annually.
Among the major revenue components, personal income taxes increased by $ 5.8 billion (primarily reflecting a 4.8 % increase in wages and salaries coupled with a progressive tax system), corporate income taxes were up $ 1.7 billion (corporate profits were up 15 % but the general tax rate declined from 18 % in 2010 to 16.5 % in 2011) and employment insurance (EI) premiums rose by $ 1.1 billion (both the EI rate and insurable earnings subject to the rate were higher).
Corporate income tax revenues were down $ 0.4 billion, due to the reduction in the general corporate income tax rate, largely offset by a decrease in refunds, while «other revenues» declined by $ 1.4 billion.
While we were pleased to learn of the government's September 2017 announcement to cut the small business income tax rate from 2.5 per cent to 2 per cent, we note it was accompanied by an increase to the general corporate income tax rate of one percentage point (to 12 per cent).
They decided to focus on selecting bonds issued by the government of Puerto Rico and its public corporations, which could include infrastructure bonds backed by alcohol taxes and general obligation bonds.
In general, this tax plan was created to help businesses by offering the tax breaks that give them more breathing room when it comes to what they pay and the profits they can collect.
On Wednesday, a report published by Quebec's interim auditor general said the PQ's goal of achieving a balanced budget by 2015 - 16 was «to say the least, ambitious,» particularly if it rules out tax hikes and caps government - spending increases at two per cent over the next two years.
A new report by the Treasury Inspector General for Tax Administration says the IRS is doing too little to go after employers suspected of hiding wages and failing to report billions of dollars in...
This information is provided as general assistance and is not intended to replace tax information provided by the Internal Revenue Service or a recipient's own tax advisor.
Shortly after assuming office, the government made B.C.'s tax regime less competitive by raising the general corporate income tax rate, creating a new top personal income tax rate and increasing the carbon tax.
A spokeswoman declined to answer a series of direct questions from CNBC about his case, instead providing a statement from Acting Assistant Attorney General Caroline D. Ciraolo of the Justice Department's Tax Division: «Bradley Birkenfeld was afforded due process of law and sentenced by a federal district court after full consideration of all relevant facts and circumstances, including his admission that he advised wealthy UBS clients on how to conceal their assets from the U.S. government,» she said.
Wymer: The market's strong rally following the November 2016 general election has continued, as global earnings expectations improved during 2017 — a sharp contrast to the weakness in recent years — and have accelerated recently, spurred by reactions to the long - term impacts of the corporate tax cuts.
The November 2010 Fiscal Monitor contained a number of special adjustments: a revaluation of the Government's shares in General Motors (this increased the deficit by $ 0.7 billion in November 2010) and a retroactive adjustment in November 2009 for the increase in the Working Income Tax Benefit (which increased the deficit in that month by $ 0.4 billion).
This cutback will accelerate the point at which the program moves into supposed «negative equity» — a calculation that ignores the option of restoring pension funding to the government's general budget, where it would be paid out of progressively levied income tax and hence borne mainly by the wealthy, not by lower - income wage earners as a «user fee.»
A report released by the General Accountants Association of Canada observed» There have been very few attempts to simplify the tax system since its creation in 1911.
I've also published a series of four colloquia by assyriologists and archaeologists describing how earlier, from about 2500 to perhaps 300 BC, Babylonian and other Near Eastern rulers kept their citizens free and preserved their landholdings by annulling personal and agrarian debts when they took the throne — a true «tax holiday» — or when economic or military conditions warranted a general Clean Slate.
But if the state issued a dollar - for - dollar state tax credit for charitable contributions made to, say, the state's general infrastructure fund, the first $ 6,000 donated, though reducing state tax liability by $ 6,000, does nothing to lower federal taxes owed because the taxpayer would still take the standard deduction.
General Obligation (GO) bonds are municipal bonds backed by the credit and «taxing power» of the issuing jurisdiction rather than the revenue from a given project.
The material presented in this newsletter is of a general nature and does not constitute the provision by PNC of investment, legal, tax, or accounting advice to any person, or a recommendation to buy or sell any security or adopt any investment strategy.
That general tax is the single largest tax, but there are other smaller taxes that vary by city and district.
Examples of these risks, uncertainties and other factors include, but are not limited to the impact of: adverse general economic and related factors, such as fluctuating or increasing levels of unemployment, underemployment and the volatility of fuel prices, declines in the securities and real estate markets, and perceptions of these conditions that decrease the level of disposable income of consumers or consumer confidence; adverse events impacting the security of travel, such as terrorist acts, armed conflict and threats thereof, acts of piracy, and other international events; the risks and increased costs associated with operating internationally; our expansion into and investments in new markets; breaches in data security or other disturbances to our information technology and other networks; the spread of epidemics and viral outbreaks; adverse incidents involving cruise ships; changes in fuel prices and / or other cruise operating costs; any impairment of our tradenames or goodwill; our hedging strategies; our inability to obtain adequate insurance coverage; our substantial indebtedness, including the ability to raise additional capital to fund our operations, and to generate the necessary amount of cash to service our existing debt; restrictions in the agreements governing our indebtedness that limit our flexibility in operating our business; the significant portion of our assets pledged as collateral under our existing debt agreements and the ability of our creditors to accelerate the repayment of our indebtedness; volatility and disruptions in the global credit and financial markets, which may adversely affect our ability to borrow and could increase our counterparty credit risks, including those under our credit facilities, derivatives, contingent obligations, insurance contracts and new ship progress payment guarantees; fluctuations in foreign currency exchange rates; overcapacity in key markets or globally; our inability to recruit or retain qualified personnel or the loss of key personnel; future changes relating to how external distribution channels sell and market our cruises; our reliance on third parties to provide hotel management services to certain ships and certain other services; delays in our shipbuilding program and ship repairs, maintenance and refurbishments; future increases in the price of, or major changes or reduction in, commercial airline services; seasonal variations in passenger fare rates and occupancy levels at different times of the year; our ability to keep pace with developments in technology; amendments to our collective bargaining agreements for crew members and other employee relation issues; the continued availability of attractive port destinations; pending or threatened litigation, investigations and enforcement actions; changes involving the tax and environmental regulatory regimes in which we operate; and other factors set forth under «Risk Factors» in our most recently filed Annual Report on Form 10 - K and subsequent filings by the Company with the Securities and Exchange Commission.
The La Mesa bond is also a general obligation bond backed by taxes, which is safer than a revenue bond backed by the performance of the asset e.g. train fares.
Indeed, the figure of the emperor was not necessarily treated with respect by the general population (piss pots used by fullers in Rome were nicknamed Vespasiani after the emperor who introduced an unpopular tax upon them).
A 2006 study for Diabetes Australia by Access Economics considered the economic viability of imposing fat taxes on certain foods to reduce the incidence of obesity in general and reached the following conclusions:
The Community Enhancement Fund, which was created and is supported by Measure H, a half - cent local sales tax measure approved by Rancho Cordova voters in November 2014, generates approximately $ 7.2 million annually in revenues for the city's general fund.
General obligation bonds issued by local units of government are secured by a pledge of the issuer's property taxing power and must be authorized by the electorate.
Tax reform is a mixed blessing for state and local government in Illinois, according to an analysis by the Illinois Economic and Fiscal Commission, an arm of the General Assembly.
In December of 1972 the vote went against the Park District's referendum to issue $ 2,550,000 in general obligation bonds for park improvement and development including the construction of a fieldhouse at Dryden Park, land acquisition, the construction of a north side maintenance garage, and the construction of an indoor ice rink complex along with increasing the corporate tax rate by.025 %.
Last year the Park District was rebuffed by the voters, when it asked for an increase of 10 cents per $ 100 of assessed valuation in the General Tax Fund.
Johnson also reminds me that while he headed the committee, there were several «contentious» hearings, including one on the collection (or lack thereof) of taxes on cigaretts sold on Indian lands, and another on alleged abuses by the Medicaid inspector general to name two.
Basically, the guiding principal of tax law is that you should, in general, pay the same amount of tax no matter what you do or how you structure your money, unless you employ a method explicitly approved by Congress to lower your tax burden, for specific inducements (e.g. 401k and Roth IRAs, college savings plans, health care plans, etc.).
So instead the law would likely say that they expect a tax to be payed by these large company whenever they process a transaction for a US citizen (actual law would be a bit more complicated since someone living in Germany who buying a service from another German citizen who just happens to also be a US Citizen shouldn't be taxed, but the general idea of calling out which transactions the US claims tax on still applies...)
Attorney General Eric Schneiderman has stepped up efforts to request tax information from dozens of tax - exempt «social welfare» groups founded by Karl Rove and by former Obama administration staffers who are believed to be spending millions on 2012 campaigns.
As they had promised, the Lords accepted the Budget on 28 April 1910 — a year to the day after its introduction [15]-- when the land tax proposal was dropped, but contention between the government and the Lords continued until the second general election in December 1910, when the Unionists were again outpolled by their combined opponents.
This reminds me just before the last general election a Labour spy was in a private meeting held by a Tory MP talking about the party having to put up taxes if the Tories won the election which went against the party line.
The money comes from: Refunds are paid from the state's general fund - income taxes paid by businesses and individuals, fees and other charges.
As tax day approaches, New York State Attorney General Eric Schneiderman is warning taxpayers to be on the alert for potential scams by tax preparers.
First Minister Nicola Sturgeon has been arguing that the draft clauses do not provide «a general power to create new benefits in devolved areas as was promised by the Smith Commission and gives the UK government effective veto over changes to universal credit, including bedroom tax
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