Sentences with phrase «effective income tax»

This type of financing can also be a very effective income tax planning and / or estate tax planning strategy for you if you do not want to 1031 Exchange into other like - kind replacement properties.

My effective income tax rate is around 35 %.

The effective income tax rate is zero.

As we detailed in our press release, the effective income tax rate was lower in the first quarter of this year due primarily to early adoption of amendment to existing guidance for employee share - based payment accounting and the recognition of incremental benefits from the Work Opportunity Tax Credit.

For the six months ended March 31, 2018, income tax benefit was $ 231.9 million, compared to an expense of $ 43.9 million and an effective income tax rate of 30.6 % for the six months ended March 31, 2017.

The nation's retailers pay the highest effective income tax rates of any industry, according to Matthew Shay, president of the National Retail Federation.

Examples of forward - looking statements include, but are not limited to, statements we make regarding the Company's plans, assumptions, expectations, beliefs and objectives with respect to store openings and closings; product introductions; sales; sales growth; sales trends; store traffic; retail prices; gross margin; operating margin; expenses; interest and other expenses, net; effective income tax rate; net earnings and net earnings per share; share count; inventories; capital expenditures; cash flow; liquidity; currency translation; growth opportunities; litigation outcomes and recovery related thereto; the collectability of amounts due under financing arrangements with diamond mining and exploration companies; and certain ongoing or planned product, marketing, retail, manufacturing, information systems development, upgrades and replacement, and other operational and strategic initiatives.

The five states with the highest effective income tax rates include:

Comparable Earnings Measures, including comparable earnings from continuing operations, comparable earnings per share from continuing operations (as well as forecasts), comparable earnings before income tax and comparable effective income tax rate.

The Company's effective income tax rate and comparable effective income tax rate (a non-GAAP measure) from continuing operations for the first quarter of 2018 decreased to 29.5 % and 25.6 %, reflecting a lower federal tax rate related to the 2017 Tax Cuts and Jobs Act (Tax Reform).

Not exact matches

U.S. - based asset managers like Federated Investors Inc. and Franklin Resources Inc. pay high effective tax rates because they qualify for fewer deductions, so they will keep more of their income.

In addition to the results provided in accordance with US Generally Accepted Accounting Principles («GAAP») in this press release, the Company provides measures adjusted for Special Items, which include Adjusted Operating Profit, Adjusted Diluted Earnings Per Common Share, Adjusted Effective Tax Rate and Adjusted EBITDA, which we define as net income including noncontrolling interests adjusted for income tax, interest income, depreciation, amortization and other items, including store impairment chargTax Rate and Adjusted EBITDA, which we define as net income including noncontrolling interests adjusted for income tax, interest income, depreciation, amortization and other items, including store impairment chargtax, interest income, depreciation, amortization and other items, including store impairment charges.

Net income rose 51 % to $ 4.3 billion, driven by lower operating expenses and a lower effective tax rate.

RBC's capital markets division saw a 13 per cent jump year - on - year in net income to $ 748 million, primarily due to a lower effective tax rate largely due to U.S. tax changes and higher results in corporate and investment banking and global markets.

RBC's wealth management division reported a 39 per cent increase in net income to $ 597 million from $ 167 million in the same quarter one year ago, in part reflecting a lower effective tax rate.

That brings the effective tax rate on the income down to about 20 per cent.

The change would be eliminating the dividend refund that comes later, which could bump the effective tax rate on passive income, in cases of high income earners, to the 70 - per - cent - plus level Poilievre talks about.

Also, the corporate federal income tax rate will drop to 21 percent effective this year from 35 percent.

Operating income, income before taxes, net income, earnings per share, and the effective tax rate are all measures for which 3M provides the reported GAAP measure and an adjusted measure.

Jaskol turned up two immediate priorities for Bunn: raising its minuscule bank credit line (with an eye toward eventually financing part of its acquisitions through borrowing); and minimizing taxes through more effective use of income - deferral strategies.

This is a good question, and the short answer is that individual bonds are actually cheaper and a much more effective way of achieving «tax - free income.»

Given that their combined income and property taxes is about $ 35,000 per year, their effective rate was approximately $ 26,000 per year.

Tax risks While municipal bonds can offer attractive effective yields and can be a way to generate tax - free income, they may not be right for investors in every tax bracket or for every type of accouTax risks While municipal bonds can offer attractive effective yields and can be a way to generate tax - free income, they may not be right for investors in every tax bracket or for every type of accoutax - free income, they may not be right for investors in every tax bracket or for every type of accoutax bracket or for every type of account.

And using offshore accounts or holding companys aren't particularly effective methods for shielding income for tax purposes (since offshore accounts are subject to a whole whack of anti-avoidance rules and holding companys are typically subject to more or less the same tax rate as people in the top marginal tax bracket - the Tax Act has tightened up a lot since the 1960s so there really aren't that many «loopholes»tax purposes (since offshore accounts are subject to a whole whack of anti-avoidance rules and holding companys are typically subject to more or less the same tax rate as people in the top marginal tax bracket - the Tax Act has tightened up a lot since the 1960s so there really aren't that many «loopholes»tax rate as people in the top marginal tax bracket - the Tax Act has tightened up a lot since the 1960s so there really aren't that many «loopholes»tax bracket - the Tax Act has tightened up a lot since the 1960s so there really aren't that many «loopholes»Tax Act has tightened up a lot since the 1960s so there really aren't that many «loopholes»).

It concludes that it is time to consider simple tax measures that provide a much more effective approach to closing the income gap in Canada.

This study estimates the investment, financing, and payout responses to variation in a firm's effective corporate income tax rate in the United States.

This additional wage income would be taxed at an effective rate of 28 percent (including trust taxes), yielding additional tax revenues of $ 61.6 billion.

He noted that Wells Fargo's effective tax rate in 2016 was 31.5 percent, and it paid $ 8.1 billion in US federal and state corporate income taxes.

To make sure that you have enough income taxes taken you'll have to add your effective tax rate to the 10 % fee for being under age 59 1/2.

If the income tax system is to have the lowest tax rates possible then the government should not be burdening the income tax system with distortive special tax preferences that are neither effective nor efficient.

In lean years, between income and a dance with the Schedule C, my effective tax rate can be almost down to the single digits.

Phaseouts, however, not only claw back these benefits from the more affluent, they also increase the effective marginal tax rate these taxpayers face, decreasing the after - tax gains of earning more income.

Past achievements include building the case for deficit reduction in the 1980s and early 1990s, for consolidation of the Canada and Quebec Pension Plans in the late 1990s, a series of shadow federal budgets and fiscal accountability reports in that began in the 2000s, and work on marginal effective tax rates on personal incomes and business investment, which has laid the foundation for such key changes as sales tax reform, elimination of capital taxes, and corporate income tax rate reductions.

This is the Sweden that I've come to expect given stories abound with 50 % effective tax rates on incomes over $ 100,000.

That means restoring higher marginal income rates, capital gains taxes, higher effective corporate rates, higher nominal rates, taxing foreign profits even without repatriation, and no tax holiday.

The different income components of GDP imply different average effective tax rates.

If you don't mind me asking, what do you target for your net effective tax rate on your passive income?

Chaired by Michael Horgan, the C.D. Howe Institute's Fiscal and Tax Competitiveness Council oversees research and development of policy recommendations to foster effective and efficient spending and tax programs, and ensures that Canadian fiscal policy supports economic dynamism and sustainable income growTax Competitiveness Council oversees research and development of policy recommendations to foster effective and efficient spending and tax programs, and ensures that Canadian fiscal policy supports economic dynamism and sustainable income growtax programs, and ensures that Canadian fiscal policy supports economic dynamism and sustainable income growth.

What is the effective tax rate on income made in a profitable corporation, then passed on to its executives?

Let's say your effective state tax rate in one of these states is 4 % and your annual income from your 401 (k) is $ 30,000.

And even with the modest increase contained in the proposed B.C. Budget on incomes over $ 150,000, a person with an annual income of $ 300,000 would still pay the fourth lowest taxes in Canada (only Alberta, New Brunswick and Newfoundland's effective tax rates are mildly lower).

Taxing authorities may also determine that the manner in which we operate our business is not consistent with how we report our income, which could increase our effective tax rate and the amount of taxes we pay and seriously harm our business.

(2) The Company calculates non-GAAP underlying pretax and after - tax income, underlying effective tax rate, underlying EBITDA and underlying free cash flow results by excluding special and other non-core items from the nearest U.S. GAAP performance measure, which is net income from continuing operations attributable to MCBC for both underlying after - tax income and underlying EBITDA and net cash provided by operating activities for underlying free cash flow.

According to the new law, effective in October, any banking sector salary above 2.5 million shekels a year — or 35 times the gross income (or 44 times net income) of the lowest paid worker or contractor — will incur both corporate and employee income taxes on the overage.

Accordingly, our effective tax rates will vary depending on the relative proportion of foreign to domestic income, use of foreign tax credits, changes in the valuation of our deferred tax assets and liabilities, and changes in tax laws.

For example, PBO forecasts a significant decline in corporate income tax revenues in 2012 - 13, of which only part is due to the reduction in the tax rate from 16.5 % to 15 %, effective January 1, 2012.

Our effective tax rate differs from statutory rates primarily due to our pass - through entity structure for U.S. income tax purposes, while being treated as taxable in certain states and various foreign countries as well as for certain subsidiaries.

Next, we created an effective tax rate index for each county, which reflects the counties with the lowest ratio of income taxes to the assumed $ 50,000 annual income.

Average effective tax rate (ETR): A widely used measure of tax burdens, equal to tax paid divided by some measure of income.

The blended effective rate for a high - income earner would be 38 percent, according to Adam Looney, a tax expert at the Brookings Institution.