Sentences with phrase «claim that paying taxes»

It's a very logical extension, Akira; they can claim that paying taxes to a government that allows abortion goers against their corporate religious beliefs, and bingo,,,

Not exact matches

Then Sony stated that their claim of 9948.00.00 protection was denied and that they have already paid an iPod tax on their MP3 players.

He said the company failed to properly pay his taxes on his behalf, made unauthorised loans, and overpaid for «security and other services,» costing him «tens of millions of dollars» and leading to financial trouble, of which he claims to have only become aware of in March of last year.

That said, Sanders has been critical of Apple, saying last month that the company should pay its «fair share» of taxes, a barb that Apple has faced in the past over claims it doesn't pay enough taxes in the United States.

The president criticized the e-commerce retailer over taxes and claimed it has not paid the post office adequately for its delivery services, spurring a plunge in its stock price.

There are various theories as to why the presidential candidate may not want people to see his tax returns — maybe he doesn't donate to charity as much as he says he does; maybe he's not as wealthy as he claims; and maybe he just doesn't pay taxes — something we saw in his tax returns from the 1970s.

Using figures from official European and Catalonian organizations, Business Insider claimed earlier this year that the region would quickly gain about 16 billion euros yearly in the case of a split, as they would no longer have to pay taxes to Spain.

«Canada would benefit from closing the tax loophole that allows executives to pay half the income tax rate on proceeds from cashing in stock options by claiming that revenue as capital gains,» says Mackenzie.

It is an account that your spouse can contribute to and then claim a tax deduction on his tax return — which helps minimize the tax he pays now.

But, you can't claim a deduction for other taxes paid related to your home.

About one - third of tax filers opt to itemize deductions on their federal income tax returns (figure 1), and virtually all who do itemize claim a deduction for state and local taxes paid.

If you purchase a home midway through the tax year, you can claim all taxes paid from the date of sale onward.

«When you claim the GST / HST you paid on your business expenses as an input tax credit, reduce the amounts of the business expenses you show on Form T2125, Statement of Business or Professional Activities, by the amount of the input tax credit.

So if you hired someone or subcontracted some work to someone sometime during the current tax year, when you were claiming their wages or fees as an expense (on Form T2125 of the T1 income tax return if your business is a sole proprietorship or a partnership), you would deduct the GST / HST if you had already claimed it as GST / HST paid out when you filed your GST / HST return for the appropriate period.

If you saved your receipts throughout the year, you can add up the total amount of sales taxes you actually paid and claim that amount.

First, many members of Congress are citing growth estimates consistent with your letter to claim that the tax cuts would pay for themselves and that the legislation being considered by Congress would not add to the deficit or debt over the next decade.

That way, you can effortlessly claim your student loan interest deduction and enjoy a tax break in exchange for all of that interest you're forced to pay.

Well, instead of having to claim all their practice's income in a given fiscal year, they can leave it in the corporation, pay less tax, and then either reinvest it or dividend it out to shareholders — particularly those who are in lower income tax brackets.

As a dual - income couple we are penalized the most which is outrageous since we are already paying more taxes as W - 2 employees than many small business owners who I know do not claim their full income.

If you had $ 40,000 in income but you claim the $ 2,500 student loan interest deduction, you'd only have to pay taxes on $ 37,500 in income.

Important factors that may affect the Company's business and operations and that may cause actual results to differ materially from those in the forward - looking statements include, but are not limited to, increased competition; the Company's ability to maintain, extend and expand its reputation and brand image; the Company's ability to differentiate its products from other brands; the consolidation of retail customers; the Company's ability to predict, identify and interpret changes in consumer preferences and demand; the Company's ability to drive revenue growth in its key product categories, increase its market share, or add products; an impairment of the carrying value of goodwill or other indefinite - lived intangible assets; volatility in commodity, energy and other input costs; changes in the Company's management team or other key personnel; the Company's inability to realize the anticipated benefits from the Company's cost savings initiatives; changes in relationships with significant customers and suppliers; execution of the Company's international expansion strategy; changes in laws and regulations; legal claims or other regulatory enforcement actions; product recalls or product liability claims; unanticipated business disruptions; failure to successfully integrate the Company; the Company's ability to complete or realize the benefits from potential and completed acquisitions, alliances, divestitures or joint ventures; economic and political conditions in the nations in which the Company operates; the volatility of capital markets; increased pension, labor and people - related expenses; volatility in the market value of all or a portion of the derivatives that the Company uses; exchange rate fluctuations; disruptions in information technology networks and systems; the Company's inability to protect intellectual property rights; impacts of natural events in the locations in which the Company or its customers, suppliers or regulators operate; the Company's indebtedness and ability to pay such indebtedness; the Company's dividend payments on its Series A Preferred Stock; tax law changes or interpretations; pricing actions; and other factors.

This helps big corporations by allowing them to claim more and pay fewer taxes.

As the reforms gather steam, a particular point of interest for the housing market is the impact of the proposed new legislation on the mortgage interest deduction (MID), which allows homeowners to claim a tax deduction equal to the amount of interest they paid on their home loan.

An individual tax filer has the choice of claiming the standard deduction or itemizing deductible expenses from a list that includes state and local taxes paid, mortgage interest, and charitable contributions.

It can be argued that this bill helps big business more than small — by slashing the corporate tax rate and allowing big corporations the ability to claim major deductions and pay fewer taxes, but there are some benefits for small business as well.

Important factors that may affect the Company's business and operations and that may cause actual results to differ materially from those in the forward - looking statements include, but are not limited to, operating in a highly competitive industry; changes in the retail landscape or the loss of key retail customers; the Company's ability to maintain, extend and expand its reputation and brand image; the impacts of the Company's international operations; the Company's ability to leverage its brand value; the Company's ability to predict, identify and interpret changes in consumer preferences and demand; the Company's ability to drive revenue growth in its key product categories, increase its market share, or add products; an impairment of the carrying value of goodwill or other indefinite - lived intangible assets; volatility in commodity, energy and other input costs; changes in the Company's management team or other key personnel; the Company's ability to realize the anticipated benefits from its cost savings initiatives; changes in relationships with significant customers and suppliers; the execution of the Company's international expansion strategy; tax law changes or interpretations; legal claims or other regulatory enforcement actions; product recalls or product liability claims; unanticipated business disruptions; the Company's ability to complete or realize the benefits from potential and completed acquisitions, alliances, divestitures or joint ventures; economic and political conditions in the United States and in various other nations in which we operate; the volatility of capital markets; increased pension, labor and people - related expenses; volatility in the market value of all or a portion of the derivatives we use; exchange rate fluctuations; risks associated with information technology and systems, including service interruptions, misappropriation of data or breaches of security; the Company's ability to protect intellectual property rights; impacts of natural events in the locations in which we or the Company's customers, suppliers or regulators operate; the Company's indebtedness and ability to pay such indebtedness; the Company's ownership structure; the impact of future sales of its common stock in the public markets; the Company's ability to continue to pay a regular dividend; changes in laws and regulations; restatements of the Company's consolidated financial statements; and other factors.

Important factors that may affect the Company's business and operations and that may cause actual results to differ materially from those in the forward - looking statements include, but are not limited to, increased competition; the Company's ability to maintain, extend and expand its reputation and brand image; the Company's ability to differentiate its products from other brands; the consolidation of retail customers; the Company's ability to predict, identify and interpret changes in consumer preferences and demand; the Company's ability to drive revenue growth in its key product categories, increase its market share or add products; an impairment of the carrying value of goodwill or other indefinite - lived intangible assets; volatility in commodity, energy and other input costs; changes in the Company's management team or other key personnel; the Company's inability to realize the anticipated benefits from the Company's cost savings initiatives; changes in relationships with significant customers and suppliers; execution of the Company's international expansion strategy; changes in laws and regulations; legal claims or other regulatory enforcement actions; product recalls or product liability claims; unanticipated business disruptions; failure to successfully integrate the business and operations of the Company in the expected time frame; the Company's ability to complete or realize the benefits from potential and completed acquisitions, alliances, divestitures or joint ventures; economic and political conditions in the nations in which the Company operates; the volatility of capital markets; increased pension, labor and people - related expenses; volatility in the market value of all or a portion of the derivatives that the Company uses; exchange rate fluctuations; risks associated with information technology and systems, including service interruptions, misappropriation of data or breaches of security; the Company's inability to protect intellectual property rights; impacts of natural events in the locations in which the Company or its customers, suppliers or regulators operate; the Company's indebtedness and ability to pay such indebtedness; tax law changes or interpretations; and other factors.

Considerations for parents weighing whether to cosign a loan for their child or taking out a parent loan in their own name include who is expected to pay the loan back, and who will claim any tax benefits.

To claim a deduction for your tax preparation fees, enter the amount you paid on Line 22 of Schedule A (Form 1040), in the section titled «Job Expenses and Certain Miscellaneous Deductions.»

The year the funds are withdrawn, you will be required to claim that $ 50,000 as income and pay taxes on that amount.

If you paid fees for the preparation of your tax return, you may be able claim this as an itemized deduction.

A Government of Canada website provides a table with the 94 deductions and tax credits you may be able to claim to reduce the amount of tax you must pay.

The tax break relating to premiums paid for mortgage insurance is generally claimed by low - and middle - income filers, according to the IRS.

Generally, to claim a refund, you must file Form 1040X within three years after the date you filed your original return or within two years after the date you paid the tax, whichever is later.

Be aware that you can not use Schedule C to claim deductions that should be filed on Schedule A or Schedule E. For example, if you earn income from rental property, you file that on Schedule E. Personal property taxes, interest paid on a home mortgage and charitable deductions are three examples of deductions you should claim on Schedule A.

How much you pay in federal income tax depends on a few different factors like your marital status, your salary, how many allowances you claim and if you have an additional dollar withholding.

How much you pay in federal income taxes depends on factors including your marital status, how many allowances you are eligible for and how many you claim, how much your annual salary is and if you choose to have additional tax withheld from your paycheck.

You can do certain things, like claim more or fewer allowances on your W - 4, to help affect how much you have to pay in taxes per paycheck.

For homeowners who pay their state income taxes quarterly, it is O.K. to pay the last and final installment due Jan. 16 on or before the last day of this year, if you want to claim the deduction this year.

Few would dispute that corporate tax cuts increase corporate profits, elevate executive compensation and probably boost short - term shareholder returns.  But to claim they pay for themselves by increasing revenues?

Harperâ $ ™ s statement puts him squarely in the company of the â $ œLafferitesâ $ and neo-conservatives who claim cuts to tax rates even at relatively low levels can pay for themselves by increasing economic activity and tax revenues.

Tullow, which paid $ 1.5 billion in July to acquire Heritage Oil's concessions in the Lake Albert basin, saw the deal halted by government claims that it owed $ 404 million in capital gains taxes from the transaction.

The bill also changes tax provisions for American companies abroad: Corporations will no longer have to pay corporate taxes on money they claim to have earned abroad — a move that could encourage companies to keep income in foreign tax havens.

Oil giant ExxonMobil says it stands by the interest rates charged on intra-company loans to its Australian subsidiary, despite those loans being central to the Australian Tax Office's claim that Exxon has not paid enough tax over the past decaTax Office's claim that Exxon has not paid enough tax over the past decatax over the past decade.

The press conference started smoothly, but quickly veered off course when one CEO questioned why he must pay more and another appeared to claim that corporate donations to children's hospitals and charities would halt if the corporate tax rate was increased.

By selecting yes you are confirming that you are a UK taxpayer and understand that if you pay less Income Tax and / or Capital Gains Tax than the amount of Gift Aid claimed on all your donations in that tax year it is your responsibility to pay any differenTax and / or Capital Gains Tax than the amount of Gift Aid claimed on all your donations in that tax year it is your responsibility to pay any differenTax than the amount of Gift Aid claimed on all your donations in that tax year it is your responsibility to pay any differentax year it is your responsibility to pay any difference.

Combined with the fact that you pay the short term gains taxrate on the interest no matter what and at best you get a capital loss when a loan goes into default means the 6 - 9 % Lending Club claims investors average is probably closer to something like 3 - 5 % after the unfavorable tax treatment.

This strategy works even though you are the one paying the educational expenses, as the payments are considered gifts to your child, and then treated as if they paid the expenses when claiming the tax credit.

Claim: Charts accompanying the premier's infomercial show how British Columbians are faring better when it comes to paying taxes.

Dividend tax credit: a credit you can claim on your tax return that reduces the amount of tax you pay on dividends from Canadian companies