«G8 governments must not continue to double count
debt cancellation as part of their aid budget.
Not exact matches
Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer
cancellations or deferrals
as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such
as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from
cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance
debt, including our ability to obtain the
debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such
as U.S. export control laws and U.S. and foreign anti-bribery laws such
as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such
as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers,
as well
as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco
as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
His biography contains elements of an epic novel: growing up the son of a jailed Trotskyist labor leader in whose Chicago home he met Rosa Luxembourg's and Karl Liebknecht's colleagues; serving
as a young balance of payments analyst for David Rockefeller whose Chase Manhattan Bank was calculating how much interest the bank could extract on loans to South American countries; touring America on Vatican - sponsored economics lectures; turning after a riot at a UN Third World
debt meeting in Mexico to the study of ancient
debt cancellation practices through Harvard's Babylonian Archeology department; authoring many books about finance from Super Imperialism: The Economic Strategy of American Empire [1972] to J is For Junk Economics: A Guide to Reality in an Age of Deception [2017]; and lately, among many other ventures, commuting from his Queens home to lecture at Peking University in Beijing where he hopes to convince the Chinese to avoid the
debt - fuelled economic model off which Western big bankers feast and apply lessons he and his colleagues have learned about the
debt relief practices of the ancient civilizations of Mesopotamia.
In this episode we discuss the ancient history of
debt cancellation, the untold life of Jesus
as an economic justice activist, and more largely Professor Hudson's forthcoming book,»... and forgive them their
debts,» out in summer...
I am thinking here of Jubilee 2000 which was launched by the Christian Churches, in an area many of us would find a little too limited, since they propose
debt cancellation only for the poorest countries and not for countries such
as Brazil or other economically important countries.
People need to be empowered by activities such
as building local capital through savings, promotion of organic agriculture, agro-industries, appropriate technology, cooperative enterprises, local trading, foreign
debt renunciation or
cancellation.
She has embarked on new challenges, playing a leading global role
as a co-chair of the Jubilee 2000 Africa Campaign, which seeks
cancellation of the unpayable backlog
debts of the poor countries in Africa by the year 2000.
In most situations, if you receive a Form 1099 - C from a lender after negotiating a
debt cancellation with them, you'll have to report the amount on that form to the Internal Revenue Service
as taxable income.
And third, loan forgiveness /
cancellation programs primarily serve «to remove
debt as a disincentive to pursuing a career in public service.»
Our products are specifically designed to cover final expenses and offer additional protection for risks such
as loss of income, mortgage
cancellation, education expenses, and
debt repayment — all which can have a substantial financial impact on those you love.
To qualify for student
debt cancellation in bankruptcy, the borrower must prove to the court that they are unable to meet a minimum standard of living
as a result of their student loan
debt.
(a) late payment fees are treated
as new purchases; (b)
debt cancellation fees are added proportionately to each balance; and (c) cash advance fees are added to the cash advance balance.
Items that are not Qualifying Credit Card Transactions include, without limitation, cash advances, special check transactions, balance transfers, charges for products, services or benefits we provide (such
as credit insurance or
debt cancellation programs), and all other finance charges and other charges that post to your Card Account.
Policymakers are aware of the burden of student loans and have assessed relief situations such
as refinancing and partial
debt cancellation.
In a rare instance when a personal loan qualifies
as income, the original balance you've paid back becomes what's called
Cancellation of
Debt income, which gets taxed.
Remember that in order for a personal loan to count
as Cancellation of
Debt income, it must come from a certified lender or bank.
Following a short sale, the lender will forgive a portion of the
debt, essentially waiving its right to collect a deficiency balance, and that will be treated
as cancellation of
debt income for the borrower.
The Internal Revenue Code § 108 excludes the discharge of
debt in bankruptcy from its definition of
cancellation of
debt income
as follows:
As Steven Chung points out, there is an insolvency exception where if the taxpayer can show that his liabilities exceeded the value of his assets immediately prior to the forgiveness, then the cancellation of debt income as a result of loan forgiveness will not be taxabl
As Steven Chung points out, there is an insolvency exception where if the taxpayer can show that his liabilities exceeded the value of his assets immediately prior to the forgiveness, then the
cancellation of
debt income
as a result of loan forgiveness will not be taxabl
as a result of loan forgiveness will not be taxable.
«in addition to the clawback issue, there are other important one - time but substantial hits: (1) a partner would lose any capital account, (2) a partner may have to pay income taxes on any partnership
debt that is forgiven
as part of the reorganization (the
cancellation of indebtedness income flow through the partnership to the individual partners) and (3) the partner may lose entirely benefits under certain types of retirement plans.
Cancellation of taxable income applies to
debt reduced through mortgage restructuring,
as well
as mortgage
debt forgiven through a foreclosure, and qualifies for relief of up to $ 2 million ($ 1 million if filing separately).
Our products are specifically designed to cover final expenses and offer additional protection for risks such
as loss of income, mortgage
cancellation, education expenses, and
debt repayment — all which can have a substantial financial impact on those you love.
The simulations suggest that
debt forgiveness would create millions of new jobs, stating «two years after inception, student
debt cancellation alone might create 50 % to 70 %
as many jobs in its peak year
as the current economic expansion creates in an average year.»
As part of the settlement Corinthian Schools, Inc. dba Bryman College and Everest College and Titan College, Inc., dba National Institute of Technology will pay 5.8 million in restitution to students, of which 1.5 million is for
debt cancellation and 4.3 million is in the form of refunds to former students.
As a member of the pivotal Ways and Means Committee, Foley helped advance database protection, mortgage
debt cancellation relief, stepped - up depreciation for leasehold improvements, and protection against forced property access by telecommunications companies.
Currently NAR is supporting the passage of S. 1394, the Mortgage
Cancellation Tax Relief Act, which would repeal the law that requires home owners to pay taxes on forgiven
debt for their principal residents
as part of a short sale or foreclosure.