Sentences with phrase «established under the laws of a country»

Secondly, there is a specific rule in the Canadian Income Tax Act covering such distributions that states a taxpayer must include in income any pension benefit «payment out of... a foreign retirement arrangement established under the laws of a country.»

Not exact matches

Treasury surpluses necessitate open market bond purchases «Under the terms of the law establishing the independent treasury,» Kinley describes, «the Government was expected to keep its own money and have no connection with the banking institutions of the country.»

A native - born individual alone could take the throne, his powers to tax would be low, he would not be allowed to establish diplomatic ties with other countries through intermarriage, and he would be required to study the laws of his office under the supervision of the Levitical priests.

But the conversion of the excellent report of the Sole Judgment Debt Commissioner into a political White Paper for electioneering purposes to be published under the supervision of the office of the Attorney - General demonstrates how low we have come in this country in terms of the only constitutionally established office within the executive branch which by hallowed tradition and practice is to defend and uphold the liberty of every individual and the rule of law in its quasi-judicial decision making process.

In summary, a strong case can be made that the US emissions reduction commitment for 2025 of 26 % to 28 % clearly fails to pass minimum ethical scrutiny when one considers: (a) the 2007 IPCC report on which the US likely relied upon to establish a 80 % reduction target by 2050 also called for 25 % to 40 % reduction by developed countries by 2020, and (b) although reasonable people may disagree with what «equity» means under the UNFCCC, the US commitments can't be reconciled with any reasonable interpretation of what «equity» requires, (c) the United States has expressly acknowledged that its commitments are based upon what can be achieved under existing US law not on what is required of it as a mater of justice, (d) it is clear that more ambitious US commitments have been blocked by arguments that alleged unacceptable costs to the US economy, arguments which have ignored US responsibilities to those most vulnerable to climate change, and (e) it is virtually certain that the US commitments can not be construed to be a fair allocation of the remaining carbon budget that is available for the entire world to limit warming to 2 °C.

It is established authority that the privilege does not apply against the risk of incrimination under the penal law of another country (see Brannigan v Davison [1997] AC 547, [1996] 3 WLR 859).

Following the implementation of a law that brings Bitcoin exchanges in the country under national KYC / AML rules and views Bitcoin as an online payment system, Japan continues to establish its presence in the global Bitcoin market, with 18 exchanges applying for a Bitcoin Exchange License in the first month of approval.