Sentences with phrase «estimate the sales tax»

This product is then multiplied by 35 % to estimate the sales tax paid.

The Proposed Budget also notes an increase in sales tax collections, which are currently 2 % above 2017 budget expectations; in 2018, the Proposed Budget estimates sales tax revenue growth of 1.75 % over projected 2017 sales tax collections.

This product is then multiplied by 35 % to estimate the sales tax paid.

Not exact matches

The aluminum - cased N1, which runs on Google's Android Lollipop operating software but features Nokia's new Z Launcher intelligent home screen interface, is due to be in stores in China in the first quarter of next year for an estimated price of $ 249 before taxes, with sales to other markets to follow.

The end result is an estimated $ 17.2 billion in local sales taxes that go uncollected each year.

To estimate value, we looked at recent sale records and local tax records and assessment values, and we spoke to local realtors and experts at Zillow and Blockshopper.

Earnings before interest, taxes and one - time items rose 20 % to 4.13 billion kroner ($ 652 million), beating estimates of 3.82 billion kroner Sales rose 2 % on a basis that excludes currency and acquisition effects, compared with analysts projections for growth of 3.2 % Debt reduced by 14 % to 21.9 billion kroner Carlsberg reduced its full - year forecast for gains from currency shifts to 50 million kroner from 300 million kroner.

We'll be conservative and estimate that in a decent year Bechtel earns 2 % on its sales of $ 40 billion, or $ 800 million after tax (but before bonuses to nonshareholders).

Use your latest return to estimate your 2018 itemized deductions, including medical and dental expenses, paid taxes (up to $ 5,000 for single filers and $ 10,000 for married filers for applicable state and local income taxes, property taxes, or sales taxes), gifts to charity, and other itemized deductions.

In order to determine sales tax burden we estimated that 35 % of take - home (after - tax) pay is spent on taxable goods.

(The IRS offers an online sales tax calculator to help you come up with an acceptable estimate of how much you can deduct.

Although sales taxes on soft drinks in Ireland and France have both been associated with a reduction in consumption, the health effects have not been studied.15 16 No significant effect on obesity of US state sales taxes has been found, although the level of taxation there has probably been too low to affect health.13 17 The modelled estimates of the health effect of a 20 % sugar sweetened drink tax in the United States vary, but such a tax has been predicted to reduce obesity by up to three percentage points.13 18 The effect of a sugar sweetened drink tax in the UK has not, until now, been formally estimated.

In terms of substitution effects, the major difference between our estimates and those from the US is that our data indicate that diet soft drinks are a substitute for sugar sweetened drinks, whereas US data suggest that diet soft drinks are a complement (as the price of sugar sweetened drinks goes up, consumption of diet drinks goes down).18 22 This may explain why a US tax on sugar sweetened drinks has been so heavily resisted, as a «double whammy» on sales of both diet soft drinks and sugar sweetened drinks would occur.18.

Republicans suggest restructuring debt, increasing the estimate of sales taxes expected to be collected next year and adopting cost - saving measures proposed by the county's financial control board, the Nassau Interim Finance Authority.

Illicit marijuana sales in New York are estimated at $ 3 billion, and an official study by City Comptroller Scott Stringer in 2013 found that potential tax revenue for the state would likely exceed $ 400 million, if an adult - use marijuana market was legalized in New York City.

The county would impose a $ 3 to $ 6 tax per ticket and could get an extra $ 500,000 in sales taxes, according to estimates provided to county legislators.

The white paper states, «Sales tax and mortgage tax must be carefully and conservatively estimated in county budgets because they are subject to the highs and lows of a volatile economy.»

If passed, registration fees, sales taxes and gas taxes would add an estimated $ 57 million in annual state and county revenues, according to the New York Immigration Coalition, an advocacy group.

Of the major taxes, sales tax collections are projected to be $ 350 million more than original estimates, individual income by $ 265 million, corporate income taxes by $ 214 million and cigarette taxes by $ 52 million.

Business groups estimate the Health Care Reform Act (HCRA) assessments, if they were counted as normal state taxes, are the third highest tax the state levies after personal income and sales and use taxes, and the single biggest business tax.

His application estimates the value of the sales tax exemption at $ 2 million and the value of the mortgage tax exemption at between $ 375,000 and $ 500,000.

In addition, tax receipts from the personal income tax and sales tax came in at $ 150 million higher than originally estimated.

And the value of sales tax exemptions received received by a company are capped and based on the actual expenditures made, rather than on initial estimates, he said.

North Hempstead has paid $ 4.5 million of the estimated $ 5.8 million it has been billed dating to 2010 in the form of withheld sales tax, said Town spokeswoman Carole Trottere.

The comptroller's office used survey findings and figures from Colorado and Washington, which started allowing marijuana sales in 2014, to estimate how many New Yorkers smoke pot regularly, how much they would spend if it's legalized and how much tax revenue those sales could generate.

The report estimated home values would drop by 10 percent, meaning counties would stand to lose property and sales tax revenue.

Sales tax continues to be the biggest source of revenue for the county at an estimated $ 117.6 million, up 2 percent.

• In the post-cap era, transactions for which either no sales tax was paid or the closing was conducted out of state dropped from 21.5 percent in the pre-cap era to an estimated 12.8 percent after the sales tax cap was implemented.

Plans to increase sales tax estimates by $ 5 million and to cut police overtime by $ 5 million are not in line with historical trends, Barsky said.

While heaping plates of rehash were served up, Cahill did make the point that in his estimation Hein has more than enough in surplus stashed away to easily weather the estimated $ 6 million hit the part - year loss of a percentage point on the sales tax will cost the county.

Shortly after the sale this year, COR applied to the Onondaga County Industrial Development Agency for property, sales and mortgage recording tax exemptions worth an estimated $ 44 million over 15 years.

Republicans said they would replace the fee revenue by restructuring county debt; boosting estimates of sales tax revenue; using unspent money from the 2017 budget and reducing police overtime projections.

As the economy shows signs of improving, Suffolk County projections are in line with Mangano as officials estimate a growth of 3 percent in sales tax this year.

Sales and property tax breaks, some of which continue until its office lease expires in 2015, total an estimated $ 4.1 million.

County comptroller Stefan Mychajliw says some costs are up and some revenues are down and the Poloncarz Administration was overly optimistic in its sales tax estimates.

In light of Thursday morning's report by Erie County Comptroller Stephan Mychajliw that Poloncarz underestimated 2015 sales tax revenues, questions were asked whether the money is available to spend $ 750,000 a year on plans to increase protection from lead poisoning, and an estimated % 50,000 to $ 70,000 for an environmental impact review ahead of plans to ban plastic shopping bags.

Kingston Mayor Shayne Gallo has estimated that failure to extend the temporary 1 percent sales - tax supplement, combined with Safety Net welfare and election costs, could cost the city upwards of $ 5 million and result in 20 to 40 layoffs, including cops and firefighters, from the city's workforce.

She filed the lawsuit just hours after the Onondaga County Industrial Development Agency approved a 15 - year tax deal that will save the company an estimated $ 44.6 million in property, sales and mortgage recording taxes.

She filed the lawsuit the same day the Onondaga County Industrial Development Agency approved an estimated $ 44.6 million in property, sales and mortgage recording taxes for the development.

The city estimated only modest increases in tax revenue, because of lower revenue from income taxes and real estate sales taxes, offset by a rise in property tax receipts.

In the Capital Region, losing a penny's worth of sales tax would cost Rensselaer County and its municipalities an estimated $ 22.3 million, county spokesman Chris Meyer said.

The fact that fourth quarter sales tax receipts exceeded budgeted estimates made this option much more viable.

In 2006, The Department of Health estimated that New York State was losing as much as $ 550 million in taxes through the illegal sales of untaxed cigarettes.

It also has applied to the agency for sales tax exemptions, worth an estimated $ 560,000, on construction materials.

Megna said the state will provide an intentionally inflated estimate of how many cigarettes are smoked by Indians so most sales to non-Indians could be taxed.

Figures released by the Revenue Estimating Conference reflect a sharp decline in property taxes and an unexpected reduction in sales tax reducing per pupil spending to a shocking $ 6,400.

The appropriation for the Standards of Quality for Public Education (SOQ) includes amounts estimated at $ 348,900,000 the first year and $ 361,100,000 the second year from the amounts transferred to the general fund from the Public Education Standards of Quality / Local Real Estate Property Tax Relief Fund pursuant to Part 3 of this act which are derived from the 0.375 cent increase in the state sales and use tax levied pursuant to § 58.1 - 638, Code of VirginTax Relief Fund pursuant to Part 3 of this act which are derived from the 0.375 cent increase in the state sales and use tax levied pursuant to § 58.1 - 638, Code of Virgintax levied pursuant to § 58.1 - 638, Code of Virginia.

For more information about the current school - Age population estimates and associated sales tax distribution, see Superintendent's Memo 207 - 17 - July 14, 2017

The estimates are used to distribute sales tax revenue to school divisions in the fiscal year beginning two years after the date of the estimate.

** Estimated monthly payments are based on a 2.5 % APR for 72 months with 20 % down on the current market average price, and excludes sales tax and other fees and charges that may vary by region or state.