Sentences with phrase «cent tax based»

Canadians living outside B.C. who own a property in these areas will be subject to a one per cent tax based on the assessed value, while foreign owners will pay two per cent.

Not exact matches

The Irving, Texas - based company reported fourth - quarter earnings of 88 cents a share, excluding the impacts of U.S. tax reform and impairments.

West Perth - based Automotive Holdings Group has predicted the state's automotive market will remain challenging in the short term, as the company reported a 20 per cent fall in net profit after tax in the six months to December.

On an adjusted basis to remove one - time items such as the tax charge, Canada's biggest lenders earned roughly $ 11.3 billion, up approximately 12.59 per cent from a year ago

Perth - based contractor SRG says it expects a 50 per cent uplift in underlying profit before tax for the 2016 financial year.

It added about 40 per cent of Spectra's natural gas pipeline revenue is from cost of service - based tariffs which could be subject to the tax recovery disallowance.

The current federal corporate tax rate is 15 per cent, so that implies a tax base of about $ 263 billion.

Under this scenario, increasing the rate by one percentage point would increase revenues by one per cent of the original tax base.

Mineral Exploration Tax Credit The Mineral Exploration Tax Credit, set at 15 per cent of specified mineral exploration expenses renounced on a flow - through basis, is extended by one year.

The tax is the first of its kind in Canada, requiring homeowners who do not live in or rent out their properties to pay a one per cent levy based on the assessed value of the home.

After accounting for the impacts of measures and adjustments, the Sales Tax revenue base is projected to grow at an average annual rate of 4.3 per cent over the forecast period, roughly consistent with the average annual growth in nominal consumption of 4.0 per cent over this period.

Nominal gross domestic product, the broadest measure of the tax base for federal revenue, is projected to be about 6 per cent higher in 2010 than in 2009, which should impact positively on federal revenues.

A meaningful carbon tax would add a few cents a litre at the pumps, but I suspect many Albertans would pick that option over broad - based tax increases, jam - packed classrooms, or shuttered operating rooms.

On 1 July 2000, a 10 per cent broad - based goods and services tax was introduced, replacing a wide range of indirect taxes that had been levied primarily on goods.

Many insurance firms are based in Ontario where the so - called HST or harmonized sales tax is 13 per cent.

In a new report released today for Sustainable Prosperity (a new research institute), Jack Mintz and Nancy Olewiler pitch a federal carbon tax constructed by broadening the base of the federal excise tax (which currently raises over $ 5 billion per year based on a tax of 10 cents per litre of gas and 4 cents -LSB-...]

The base fuel tax on gasoline, diesel and ethanol is 25.6 cents per gallon.

For example, if you have a million dollars in your taxable account, and that has a cost basis of a million dollars, you can take 1 dollar out of there and all zero taxes, whereas if you have another million dollars in your 401k and you're being taxed at 20 % marginal tax rates, that's only worth 80 cents.

Most of it would come from rolling back corporate subsidies and the George W. Bush tax cuts, taxing employer - based health benefits that exceed the average plan, and imposing a hefty (60 cents per gallon) gasoline tax.

In Amcor's rigid plastics division, profit before interest and tax was down 2.8 per cent to $ US342.7 million, although on an ongoing operations basis profits were up 8.6 per cent.

Mr Kierath said that if Woolworths cut the price of Select products by 10 per cent it would reduce food and liquor margins by 84 basis points to 6.57 per cent, cutting earnings before interest and tax by $ 388 million.

The tax also applies to any non-alcoholic syrups or other concentrate used in beverages (both caloric sugar - based sweetener and artificial sugar substitute) at a rate of 1.5 cents per ounce on the resulting beverage.

Lawmakers and advocates say the tax — which charges drug companies 2 cents per milligram of opioid - based medications at the first point of sale — will likely be absorbed by consumers in the form of higher insurance premiums and co-pays.

In case you have a very indulgent boss — or more likely own the company — business users choosing the Huracan will be looking at a 35 per cent Benefit in Kind charge based on the purchase price, which translates to monthly tax payments of a little over # 2,100.

Substitute teachers can take a standard deduction of 51 cents per mile driven if they have to travel outside of their metropolitan area to teach on a temporary basis and use their own vehicle for the first half 2011 tax year, according to the IRS.

On top of rental income, CPP and OAS, it would create a risk - free base income of $ 77,712 before 10 per cent assumed tax or $ 5,828 per month after tax.

There would be capital gains tax to be paid if the assets are sold, but a long - term investment of, say, 20 years with no tax on annual gains of 3 per cent after inflation would easily cover tax due at no more than about 22 per cent of realized gains based on 50 per cent inclusion rate, as present tax rules allow.

However, he noted that since preferred share dividends are treated more favourably than interest income from a tax perspective, these securities pay 8.625 per cent on an interest - equivalent basis.

However, Graeme Egan, president of Vancouver - based CastleBay Wealth Management, said the speculation tax rate of 0.5 per cent for B.C. owners of second homes «is the cost of playing in that field as an investment,» in the same way that other stores of wealth yield capital gains and dividend taxes.

He would pay average 10 per cent tax after adjustments for age and pension income credits and have $ 24,706 per year or $ 2,060 per month if he starts benefits at 65 or $ 34,100 per year or $ 2,840 per month if he works to 70 and pays 12 per cent average income tax on the same basis.

On this basis, her pre-tax income would be $ 67,674 per year before tax or $ 4,600 a month after 18 per cent average income tax.

But inflation is running at about 2 per cent on a year - over-year basis, so the inflation - adjusted after - tax cost is just one per cent.

On that basis, the money still generating 3 per cent a year after inflation would provide $ 500 a month before tax for rent.

Based on the median income of households in the Vancouver area, the bank calculates that it would take 109 per cent of pre-tax income just to cover basic costs to own a house in Vancouver — mortgage payments, property tax, and utility bills.

• No more American Airlines Admirals Club access • Redemption rates for airfare will drop to 1.25 cents per point from the current rates of 1.6 points for American Airlines and 1.33 points for all other airfare • No more three free rounds of golf • The reimbursement for the 4th night free hotel benefit will be based on the average price and will not include taxes

Ubisoft itself offsets massive game budget costs by basing its development operations in certain regions of Canada — where tax breaks as high as 37.5 per cent are on offer.

Right now we're taxing sugar - based ethanol at 54 cents per gallon while we are subsidizing corn - based ethanol at 45 cents per gallon, even though sugar - based ethanol is cheaper and producing it generates less carbon dioxide.

The CCA allows the cost of eligible assets to be deducted for tax purposes at a rate of 50 per cent per year on a declining balance basis — which is faster than would be implied by the useful life of the assets.

Production tax credit of 1.8 or 2.1 cents / kWh from the first 6,000 MWe of new nuclear capacity in their first eight years of operation (the same rate as available to wind power on an unlimited basis).

Despite Oregon having less than average solar irradiation and also having relatively cheap power (only around 11.5 cents / kWh on average) the combination of the generous state tax credit, utility based incentives and the 30 % federal tax credit gets Oregon into the top ten states in America in terms of investment return available from installing solar panels on your home.

In what the Canada Revenue Agency (CRA) defines as a «shared custody» situation, the government typically pays each parent 50 per cent of the child - related tax benefits to which they would normally be entitled based on their own household income, Silbert says.

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.

«The Calgary changes increased the filing fee for property assessment complaints from a flat fee of $ 50 to a fee calculation based on one per cent of the prior year's taxes,» says REALpac.