Sentences with phrase «charged against income»

A Guaranteed Minimum Income Benefit (GMIB) feature is an optional rider on a variable annuity that is available for an additional annual charge against the income base.

The dividend income on its investments grew commensurately, and the 5 percent charge against income was soon producing far too much money for the fund's trustees to accept.

Not exact matches

The main charge against market capitalization / GDP, for example, is that gross domestic product includes the income of foreign companies generated here in the U.S., and excludes the income of U.S. companies generated abroad.

The accounting basis is not the same — the Estimates are on a cash basis of accounting while the Budget is on an accrual basis; the coverage is not the same — with the exception of the Guaranteed Income Supplement, tax expenditures are not included in the Estimates; and the Estimates are on a net basis, netting off revenues against applicable spending, while the Budget is on a gross basis, recording such charges / fees as revenues.

The five - count complaint against Mr. Silver on charges of wire fraud, mail fraud, conspiracy, and extortion outlines two schemes Mr. Silver used to leverage his official position as the Assembly speaer to rake in cash, which he presented as legitimately earned income for representing private clients.

Outside income from two law firms are what led to corruption charges against former Assembly Speaker Sheldon Silver.

The charges against Mr. Silver are focused on his outside income — which U.S. Attorney Preet Bharara has argued amounted to «bribes and kickbacks» disguised as legitimate earnings — and today's agreement calls for new disclosure requirements for any income in excess of $ 1,000.

The charges against Silver center on the speaker's alleged failure to report outside income — exactly the kind of ethical lapse that Moreland was supposed to probe.

The federal charges against Sheldon Silver detail how the Moreland Commission attempted to subpoena information from the Speaker regarding his outside income.

Following his investigation — and charges against — former Assembly Speaker Sheldon Silver, Bharara is reportedly looking at the outside income of a number of other state lawmakers, including Senate Majority Leader Dean Skelos.

«I can't speak to the specific charges against the speaker, but I can say that outside income for legislators is a certain recipe for corruption.»

The triumphant result is that the drinks colossus Diageo, as an example, could go on meeting junior ministers and special advisers to argue against, say, minimum pricing for alcohol, while Alcohol Concern (annual income, less than # 1m) would have to jump through a chilling series of hoops in order to take part in any kind of campaigning, with the risk of criminal charges if it were found in breach of a law that the Electoral Commission says is so opaque it can not confidently predict how it will police it.

It was passed after federal charges were filed against Silver, who is in the final stages of a trial centering on his alleged use of his powerful office to generate legal income.

Outside income was also at the heart of the case against Sheldon Silver, the Manhattan Democrat who served as the Assembly speaker for two decades before being arrested on federal corruption charges in January 2015.

The prohibition against schools charging more than the value of the voucher is intended to ensure that low - income students are not turned away due to inability to pay.

Well, royalties are charged against advances, and if the book doesn't «earn out» its advance (and most do not), then the author doesn't get another dime of royalty income.

If they depreciate in a corporation, that depreciation charge is accounted for against income and it's not a big deal — the company just distributes the cash that it can based on retained earnings which accounts for depreciation expense.

If you charged a non-profit corporation $ 100 (say) and declared that as income and then turned around and made a charitable donation of $ 25, that $ 25 is a charitable donation against the $ 100 income.

The charge ranks above any other claim against the bankrupt's assets (which is not limited to current assets, unlike the WEPPA charge) except the right to recover thirty - day goods, the charge in favour of suppliers of agricultural goods, the WEPPA charge, and the source deductions related to income tax, Canada Pension Plan, Employment Insurance, or the provincial equivalents.

Juvenile Court — provided pro bono legal services to low - income juveniles who had juvenile charges brought against them.

Part of the problem, the federation says, is that insurance companies discriminate against low - income drivers by charging them more, even when they have clean driving records.