Sentences with phrase «current taxation year»

Not exact matches

The US government expects to collect $ 339 billion in taxes on these foreign profits in the next 10 years, as it transitions to a territorial tax system from its current worldwide taxation on profits earned by foreign subsidiaries.

Compared to an xDrive 40d diesel with 157 g / km emissions, the 40e would save a company car user # 2,711 a year in benefit - in - kind taxation and under current road tax legislation there would be no tax to pay.

Going back to the early stages of the recent years» e-reader explosion when Germany was the first country whose digital publishers took issue with the way ebooks are taxed, to the current state of countries outright ignoring the mandated taxation rate in order to lure business to their countries, the issue is far from simple.

GoodEReader.com reported earlier this year on the current state of disarray regarding ebook taxation internationally, specifically in Germany, where ebooks are taxed at more than double the rate of printed books because they are classified as software downloads.

If an employee is entitled at the end of the year to receive an amount in a future year and one of the main purposes for this arrangement is to defer or postpone taxation, the amount will be taxed as a benefit to the employee in the current year.

and in some cases they can be disallowed as a disguise to avoid taxation in the current year; however, that does not happen very often.