Sentences with phrase «excess of basis»

The taxation of life settlements is complicated: The general treatment is that gain in excess of your basis in the policy is taxed to you as ordinary income.

A gain is considered to be any amount in excess of your basis in the policy.

If the cash value is greater than the owner's basis in the policy — that is, what he or she has paid in — then additional withdrawals in excess of basis are taxed as a gain.

only amounts received in excess of your basis will be treated as taxable income.

Unfortunately for universal life policyholders, earnings in excess of basis are taxed as ordinary income rates.

Technologically, Mercedes - Benz's new flagship is clearly a front - runner in the luxury car ranks, though to tap into its vast array of features you have to be prepared to pay well in excess of its base price.

Some Apple pundits are claiming the iPhone 8 will cost upwards of $ 1,000, way in excess of the base price of any current smartphone on the market.

Not exact matches

For instance, you don't get the kind of gravity - driven diffusion that makes molecules scatter to a specific destination based on their density (think of excess sugar falling to the bottom of an oversaturated glass).

There's a moment near the beginning of The Wolf of Wall Street — Martin Scorsese's three - hour based - on - a-true-story romp through the excesses of a shady penny - stock boiler room in the»90s — when the swirling cameras and testosterone - fuelled hijinks pause for a split second and the grotesquery suddenly comes into focus.

By analyzing past bubbles, we can discern that companies that best leverage this newfound excess of infrastructure and growth of user base will be enormous players for time to come.

Based on total expenses of $ 249 million, the foundation was carrying an excess of $ 89 million.

At its peak, the prison at the U.S. naval base in Cuba housed nearly 800 prisoners, becoming a symbol of the excesses of the «war on terror» and synonymous with criticism of detention without trial and accusations of torture.

Perhaps ironic given its subject matter, but The Wolf of Wall Street, Martin Scorsese's based - on - a-true-story tale of Wall Street excesses and corruption, is the most pirated film of 2014, with over more than 30 million illegal downloads, according to Variety and analytics company Excipio.

The more consequential reforms — such as introducing market - based interest rates, reducing excess capacity, subjecting state - owned enterprises to increased competition and financial discipline, enforcing strict environmental laws, and raising prices of natural resources — are expected to depress growth.

Sullivan uses only two computer - based services — automatic payroll and a «sweep» account that invests excess funds in an interest - bearing account at the end of each business day — and those services are better described as mid-tech than high - tech.

Most leases provide for monthly fixed minimum rentals or contingent rentals based upon sales in excess of stated amounts and normally require us to pay real estate taxes, insurance, common area maintenance costs and other occupancy costs.

In addition, at any time when incremental term loans are outstanding, if the aggregate amount outstanding under the Asset - Based Revolving Credit Facility exceeds the reported value of inventory owned by the borrowers and guarantors, NMG will be required to eliminate such excess within a limited period of time.

aggregate amount outstanding under the Asset - Based Revolving Credit Facility exceeds the reported value of inventory owned by the borrowers and guarantors, NMG will be required to eliminate such excess within a limited period of time.

If at any time the aggregate amount of outstanding revolving loans, unreimbursed letter of credit drawings and undrawn letters of credit under the Asset - Based Revolving Credit Facility exceeds the lesser of (a) the commitment amount and (b) the borrowing base (including as a result of reductions to the borrowing base that would result from certain non-ordinary course sales of inventory with a value in excess of $ 25 million, if applicable), NMG will be required to repay outstanding loans or cash collateralize letters of credit in an aggregate amount equal to such excess, with no reduction of the commitment amount.

In addition, at any time when incremental term loans are outstanding, if the aggregate amount outstanding under the Asset - Based Revolving Credit Facility exceeds the reported value of inventory owned by the borrowers and guarantors, we will be required to eliminate such excess within a limited period of time.

No Participant shall receive Stock Grants or Restricted Stock Units during any Fiscal Year covering, in the aggregate, in excess of 7,000,000 Shares (for this purpose, (A) counting such Shares on a 1 - for - 1 basis and (B) for Stock Grants or Restricted Stock Units as to which the number of Shares earned is dependent on the level of attainment of performance vesting conditions, counting in respect thereof the number of Shares that may be earned at maximum performance), subject to adjustment pursuant to Section 11.

If at any time the aggregate amount of outstanding revolving loans, unreimbursed letter of credit drawings and undrawn letters of credit under the Asset - Based Revolving Credit Facility exceeds the lesser of (a) the commitment amount and (b) the borrowing base (including as a result of reductions to the borrowing base that would result from certain non-ordinary course sales of inventory with a value in excess of $ 25 million, if applicable), we will be required to repay outstanding loans or cash collateralize letters of credit in an aggregate amount equal to such excess, with no reduction of the commitment amount.

Cumulative employer contributions in excess of accrued net pension cost for plans based in the company's home country.

You may treat as ordinary loss any excess of the adjusted basis of the stock over its fair market value at the end of the year, but only to the extent of the net amount previously included in income as a result of the election in prior years.

Pursuant to such an election, you would include in each year as ordinary income the excess, if any, of the fair market value of such stock over its adjusted basis at the end of the taxable year.

[12] Nor does the notion that monetary policy operates by expanding the money supply (or base money) and this excess supply bids up demand for goods and services (and their prices) as people attempt to get rid of their excessive money balance.

The aggregate purchase price has been preliminarily allocated to the tangible and intangible assets acquired and liabilities assumed based upon our assessment of their relative fair values as of the acquisition date, with the excess of the purchase price over the fair value of the net assets acquired recorded as goodwill, as follows:

Our current base - case forecast calls for the Canadian economy to absorb its excess capacity sometime in the first half of 2018, which is a bit sooner than we projected three months ago.

In response to my question about what, if anything, the city or state could have done to keep Madison's Oscar Mayer plant open, Kraft Heinz spokesman Michael Mullen said «the closing of the Madison factory was based entirely on the need to reduce operational redundancies and eliminate excess capacity within our North American network.»

As one measure of this change, our base case forecast suggests that it will now take longer to absorb the economy's excess capacity — probably until late 2017, perhaps later.

The purchase price has been allocated to the tangible and intangible assets acquired and liabilities assumed based upon our assessment of their relative fair values as of the acquisition date, with the excess of the purchase price over the fair value of the net assets acquired recorded as goodwill, as follows:

No Participant shall receive Stock Grants or Restricted Stock Units during any Fiscal Year covering, in the aggregate, in excess of 1,000,000 Shares (for this purpose, counting such Shares on a 1 - for - 1 basis), subject to adjustment pursuant to Section 11.

During fiscal 2014, our NEOs were eligible for a matching contribution of up to 4 % on base pay contributions in excess of the IRS limit up to a maximum of two times that limit.

Our projection is based on a Library of Parliament analysis which determined that a new tax bracket of 33 percent on individual incomes in excess of $ 200,000 would have increased revenue in 2014 by $ 3.24 billion.

Specifically, benefits subject to the HP Severance Policy include: (a) separation payments based on a multiplier of salary plus target bonus, or cash amounts payable for the uncompleted portion of employment agreements; (b) any gross - up payments made in connection with severance, retirement or similar payments, including any gross - up payments with respect to excess parachute payments under Section 280G of the Code; (c) the value of any service period credited to a Section 16 officer in excess of the period of service actually provided by such Section 16 officer for purposes of any employee benefit plan; (d) the value of benefits and perquisites that are inconsistent with HP Co.'s practices applicable to one or more groups of HP Co. employees in addition to, or other than, the Section 16 officers («Company Practices»); and (e) the value of any accelerated vesting of any stock options, stock appreciation rights, restricted stock or long - term cash incentives that is inconsistent with Company Practices.

Accessories and iPod — as part of Apple's move into television, we expect the introduction of an updated Apple TV microconsole (which will continue to service the massive install base of televisions offered by other OEMs), along with improvements to Beats headphones to drive growth far in excess of the decline in iPod which at our forecast $ 1.1 billion of revenues in FY2015 is largely irrelevant to Apple financially

The aggregate purchase price has been allocated to the tangible and intangible assets acquired and liabilities assumed based upon our assessment of their relative fair values as of the acquisition date, with the excess of the purchase price over the fair value of the net assets acquired recorded as goodwill, as follows:

To measure the effectiveness of each predictor, they each quarter rank stocks into fifths (quintiles) based on the predictor and then calculate the difference in average gross excess (relative to the risk - free rate) returns of extreme quintiles.

SUMMARY Smart beta ETFs are based on factor investing research Excess returns from smart beta ETFs are different from factor returns Investors need to be aware that smart beta ETFs offer little diversification for an equity - centric portfolio INTRODUCTION Blackrock, a provider of active and passive

In terms of taxation, the excess of the cash surrender value of the policy (plus any outstanding loans) over your basis in the contract is treated as taxable income.

Even if we consider gains on an annual basis, the ROI in gold would still be down in excess of 16 percent.

While base rates kept at or close to zero for almost seven years and three massive asset - buying programs by the Fed have undoubtedly helped stabilize the US (and world) economy during and after the recession that followed the global financial crisis, the continuation of expansionary monetary policies is now supporting a growing excess of global liquidity that has been distorting the market signals sent by stock and bond prices and thus contributing to the growing volatility seen in recent weeks.

Banks are sitting on such vast quantities of excess reserves — paid to do so by the Federal Reserve as it pays a relative high interest rate on reserves — that the monetary base is larger than M1.

Moreover, these deviations were all on the downside reflecting an excess supply of cash, and were no more than two basis points, despite the markedly greater demand for cash which could have been expected to drive the price of cash up.

If you pay more than your minimum payment on a card, your issuer is required to apply any money in excess of the credit card minimum payment to the balance with the highest APR and any remaining portion to the other balances in descending order based on the APR..

The net worth of former FBI director and now best - selling author James Comey isn't 100 percent clear, but it can most likely be deduced that based on various sources, it's in excess of $ 11 million — potentially by a pretty substantial sum.

The long / short strategy generated excess returns of 45 basis points per month, 50 % higher than the 31 basis points per month generated by the unconditional quality strategy, despite running at lower volatility (10.4 % as opposed to 12.2 %).

U.S. high - yield bond spreads are 34 basis points, or hundredths of a percentage point, tighter; cover spreads are 21 basis points tighter, and emerging - market credit excess returns are at 3.6 %.

This focus on an asset's earnings power and, in particular, the ability of assets to earn returns in excess of desired returns is the essence of my intrinsic valuation, which is based on Steven Penman's residual income model.1 The basic idea is that if a company is not earning a return in excess of our desired return, that company, like the bank account example above, deserves no premium to book value.

The long / short strategy based on the joint quality and value signal generated excess returns of 61 basis points per month, twice that generated by the quality or value signals alone and a third higher than the market, despite running at a volatility of only 9.7 %.