Sentences with phrase «cent tax exemption»

The Federal Government provides a 51Â cents tax exemption to gasoline refiners for every gallon of ethanol used, to keep the product competitive.

Not exact matches

Early stage investors in start - up businesses will get a 20 per cent non-refundable tax offset and a capital gains tax exemption.

Eliminating PST exemptions on environmentally friendly products: The B.C. Liberals» HST doublecross resulted in a 7 - per - cent tax increase on numerous environmentally friendly products, including bicycles and Energy Star rated appliances and windows.

The required exemptions include an exemption from corporate income tax for 10 years after date of first commercial use of the facility and a reduced corporate tax of 15 per cent after 10 years for five years.

Regular priced items in Canadian Dollars purchased with the exemptions of Provincial Sales Tax applied, ending in.49 cents.

The Property Transfer Tax First - Time Home Buyers» Exemption program calculates the exemption at a rate of one per cent on the first $ 200,000 and two per cent on the remaining value of the purchaExemption program calculates the exemption at a rate of one per cent on the first $ 200,000 and two per cent on the remaining value of the purchaexemption at a rate of one per cent on the first $ 200,000 and two per cent on the remaining value of the purchase price.

If you own U.S. listed stocks or ETFs directly in your RRSP, your RRSP has a special exemption to this withholding tax, meaning you get 100 per cent of your U.S. stock dividend income.

Any resulting profits would be considered business income that would not be entitled to the principal residence exemption and would be fully taxed rather than only 50 per cent taxable as a capital gain.

It's still not exactly cheap, but London Congestion Charge exemption, a five per cent company car tax rating and favourable write down values will ease the pain.

And for those whose net worth is above the current federal estate tax exemption level of $ 5.45 million ($ 10.9 million combined), funding an irrevocable life insurance trust makes a ton of sense, and can save a ton of cents, too!

Harsh Roongta, CEO of Apnapaisa, says that only a premium equivalent to 10 per cent of sum assured under a policy will be eligible for tax deduction under Section 80 C and you can not claim tax exemption under Section 10 (10D).

The provision states that all life insurance policies that are not eligible for tax exemption under Section 10 (10D), will see 2 per cent tax deducted at source on the sum paid to the policyholder.