Sentences with phrase «dollars of cash tax»

Marriott has said that the spin - off «would result in the recognition over a number of years of several hundred million dollars of cash tax benefits to Marriott relating to the value of the timeshare business.»

Not exact matches

Manafort «borrowed millions of dollars in loans using these properties as collateral, thereby obtaining cash in the United States without reporting and paying taxes on that income,» the indictment says.

A trillion - dollar tax cut, for example, leaves more cash in the accounts of taxpayers — the basic idea behind the Bush tax cuts.

«Manafort used his hidden overseas wealth to enjoy a lavish lifestyle in the United States, without paying taxes on that income,» the indictment says, adding, «Manafort then borrowed millions of dollars in loans using these properties as collateral, thereby obtaining cash in the United States without reporting and paying taxes on that income.»

The job of overseeing the industry touches on issues from protecting water quality for fish in streams near pot grows, to safely collecting hundreds of millions of dollars in taxes from businesses that often operate in cash.

1) not at the top tax bracket yet, thus less expensive to have taxable dollars; 2) before 35, generally significant expenses such as house purchase, engagement ring, wedding, etc.; 3) keep liquidity for potential opportunities — «cash is king»; 4) use after - tax dollars to buy RE and rent it out for another stream of passive income, which is generally not taxable due to depreciation — could be a retirement vehicle in itself.

And compounding the governmentâ $ ™ s search for cash is its decision to lower corporate tax rates to 15 % next week from 16.5 % — a move that will cost the treasury billions of dollars in revenues.

It was unconscionable that the Assemblyman that I replaced, Ed Hennessey, was cashing a tax payer funded paycheck every two weeks, while being years behind and owing tens of thousands of dollars in property taxes.

With the recent announcement that the County's sales tax exceeded the anticipated budgeted amount for 2011 by more than $ 14 million, the Caucus reiterated its position using cash on hand was prudent and respectful of taxpayers» dollars.

Leibell, R - Carmel — who pleaded guilty in December to obstructing a federal grand jury that was investigating whether he extorted cash payments from lawyers working in Putnam County and failed to report on his income tax returns tens of thousands of dollars in cash payments he received from those lawyers — was to be sentenced in federal court in White Plains this coming Monday.

May 7, 2012 • Cash - strapped states are embracing the millions of dollars in new tax revenue coming from shale oil and gas development.

These schools are sharing $ 5 billion in federal tax dollars in a massive, three - year rescue effort, but no one nationally is tracking how the money is spent and no one can say whether the influx of cash will end up helping kids.

And although charters enroll only 5 percent of America's K - 12 students, to the cash - strapped, high - poverty urban districts that have been targeted for charter expansions, that number represents a shift of roughly $ 38.7 billion per year in lost tax dollars and mass closings of neighborhood schools.

According to the state Department of Public Instruction (DPI), more private schools are seeking to cash in with public tax dollars during the 2016 - 17 school year through the unaccountable school voucher program.

He raised taxes at a time when the average family was near or in starvation mode, he confiscated all of the nation's privately - owned gold and then promptly devalued the dollar by 40 % (reducing the buying power of any saved dollars by almost half overnight), he raised bank reserve requirements numerous times (taking yet more cash out of the real economy so it could be hoarded in vaults), he actively supported a trade war with tariffs that created massive global imbalances (some would argue ushering in the rise to power of fascist regimes that would have had no chance in times of prosperity), and perhaps most damning, rather than plowing most of those raised tax dollars back into the stalled economy, he instead bought gold on the global markets for the government and sequestered it, keeping it from backing new dollars (monetary expansion, which most understand is required to turn a recession around) and instead further crushing the economy — and not just the US economy.

In other words, when such a high - earner receives a cash bonus on top of the regular salary, those «last» dollars will be taxed at 53.53 %, as would interest income in non-registered investment accounts.

In addition, you can always withdraw from your cash value up the amount of the premiums paid (your basis) without being taxed because those premiums were paid in after - tax dollars.

There are four issues that must be addressed in order to decide whether it is better to hold US securities in an RRSP (vs a TFSA or a taxable account)- (1) the marginal tax rates applied to US source income in taxable accounts, (2) the transaction costs of converting cash between Loonies and Dollars, (3) foreign withholding tax, and (4) foreign income earned by structured products.

Added to the $ 6,000 already in their TFSAs, the approximately $ 75,000 of cash and tax savings could grow to $ 186,400 in 2018 dollars with $ 11,000 annual contributions and growth at 3 per cent after inflation.

I'm not sure about every company, but when I participated in my company's ESPP I had always had the option of «cashing - in» my account at any time since the money was paid in with after tax dollars there was also not penalty from the IRS.

The possibility of AT&T to continue to be able to generate cash for their shareholders recently got better because they stand to gain around $ 3 billion dollars in cash flow during 2018 from the tax cut.

And the premiums are paid in after - tax dollars, so you can always withdraw from your cash value up to your basis (the amount of money you've put in) without paying any additional tax.

With regard to petroneft do nt think overleveraging or even cash burn is the main problem but the horrific Russian taxes which are up to 80 % of sales price (if exported) somewhat less if sold to domestic market Abd this leaves a gross profit of less than ten dollars a barrel..

Fortunately, this means you don't pay taxes on the credit card sign - up bonuses, whether you get miles, points, or cash back, and even if the bonus ends up being worth hundreds of dollars.

Medallion Qualification Dollars (MQDs) will be awarded based on the cash amount of the ticket purchased, excluding any taxes and fees.

The amount of gain in the policy (the current cash value minus the dollars you contributed along the way) would be taxed at ordinary income tax rates.

In addition, you can always withdraw from your cash value up the amount of the premiums paid in without being taxed because those premiums were paid in after - tax dollars.

Beneficiaries could stand to lose thousands of dollars in estate taxes and since times are tough, many dependents would rather use the cash for their own family's needs.

But fortunately, it's often feasible to sustain the policy with some combination of restructuring the policy's dividends and death benefit, engaging in partial surrenders or withdrawals, contributing some additional dollars into the policy (either as premiums, or to pay loan interest or repay principal), or even exchanging to a new «life insurance rescue policy» that transfers the policy's cash value — along with the loan itself — in a tax - free 1035 exchange.

And the premiums are paid in after - tax dollars, so you can always withdraw from your cash value up to your basis (the amount of money you've put in) without paying any additional tax.

Except after endless hyperbole, teases, bragging about being flush with cash from the Chinese equivalent of Netflix, promises of a new mobility vision for tomorrow, $ 335 million of dollars in state tax credits and public funding for a brilliant new Nevada factory cranking out «Tesla - killing» autonomous electric machines, Faraday Future came up way short last night in proving to consumers that it's the real deal.

Two years later, the Senate trained its sights on Apple, grilling chief executive Tim Cook on allegations that the company dodged billions of dollars in U.S. taxes by keeping its cash offshore.

When dividing cash investment funds, it is always wise to do so without generating additional taxes or fees that will take dollars out of your pocket.

Many economists of varying political stripes argue that — because a marginal dollar of cash income is taxable to employees, while a marginal dollar of health insurance is completely tax ‐ free — the exclusion encourages the purchase of overly generous insurance policies, and in turn leads to the over ‐ consumption of health care.

The thought of having well over a million dollars in debt service (11,200 a month back then because we are in a very high tax area) when I could buy half a dozen properties with cash and not make a lot of money but enough, and still have them to rent out or even sell to generate income seems a lot better decision in my case, but not in all cases.

The total cash required of the home buyer to close the transaction, including down payment, points and fixed dollar charges paid to the lender, any portion of the mortgage insurance premium that is paid up - front, and other settlement charges associated with the transaction such as title insurance, taxes, etc..