Sentences with phrase «fair share of income»

All that matters is that you reside in Canada, so the Canada Revenue Agency (CRA) wants their fair share of income tax on any income earned anywhere in the world.

The ideal proportion of income to tax is something for experts and politicians to decide, but proportionality is fairer than so - called «progressive» taxation as everybody knows that they will pay a fair share of their income into the kitty.

Not exact matches

A majority of Americans said they now believe middle - income people are paying their fair share of taxes.

For nonstatutory stock options and stock appreciation rights, the participant will recognize ordinary income upon exercise in an amount equal to the difference between the fair market value of the shares and the exercise price on the date of exercise.

If the participant sells the ISO shares prior to the expiration of these holding periods, the participant recognizes ordinary income at the time of disposition equal to the excess if any, of the lesser of (1) the aggregate fair market value of the ISO shares at the date of exercise and (2) the amount received for the ISO shares, over the aggregate exercise price previously paid by the participant.

The stock grants will generally be subject to tax upon vesting as ordinary income equal to the fair market value of the shares at the time of vesting less the amount paid for such shares, if any.

«What a basic income does is ensure that everyone receives a fair share of what none of us today did anything for,» Van Parijs and Vanderborght write.

A participant who is granted an ISO does not recognize taxable income at the time the ISO is granted or upon its exercise, but the excess of the aggregate fair market value of the shares acquired on the exercise date (ISO shares) over the aggregate exercise price paid by the participant is included in the participant's income for alternative minimum tax purposes.

Except in the event of the optionee's death, if the shares are disposed of prior to the expiration of the statutory holding periods (a «Disqualifying Disposition»), generally, the amount by which the fair market value of the shares at the time of exercise exceeds the total exercise price will be ordinary income.

Upon exercise, the participant will recognize ordinary income in an amount equal to the fair market value of any Shares received.

The difference between the option exercise price and the fair market value of the Shares on the exercise date is treated as an adjustment in computing the optionee's alternative minimum taxable income and may be subject to an alternative minimum tax which is paid if such tax exceeds the regular tax for the year.

Susan, an employee, earns employment income of $ 220,000 and pays her fair share of taxes totalling $ 79,000.

The share price of dividend paying companies tend to fair better in periods of market turbulance because of their steady income.

Upon exercise of the SAR, the participant will generally recognize ordinary income equal to the cash or the fair market value of any shares received.

If you purchase shares at a discount, you must report as income the difference between the cash you invest and the fair market value (full value) of the stock you buy.

Upon exercise, the participant will recognize ordinary income in an amount equal to the amount of cash received and the fair market value of any shares received.

If the optionee disposes of the shares prior to the expiration of the above holding periods, then the optionee will recognize ordinary income in an amount generally measured as the difference between the exercise price and the lower of the fair market value of the shares at the exercise date or the sale price of the shares.

Since the number of shares of common stock ultimately issuable under the warrant will vary, this warrant will be carried at its estimated fair value with changes in fair value reflected in other income (expense), net, until its expiration or exercise.

If the shares are not held for the legally - required period, the participant will recognize ordinary income equal to the lesser of (i) the difference between the fair market value of the shares on the date of exercise and the exercise price, or (ii) the difference between the sales price and the exercise price.

The diluted net income (loss) per share calculations include shares of Class A, Class A-1, and Class B common stock, as well as warrants to purchase shares of Class A and Class C common stock where the warrant exercise price is below the fair value of the underlying common stock and therefore would have a dilutive effect.

Fully seven - in - ten non-owners (71 %) say that the top one per cent of income earners, some 270,000 Canadians, don't pay their fair share.

These positive earnings drivers were more than offset by the combined impact of several factors, including increased energy - related provisions for credit losses, a 17 basis point decline in net interest margin, moderate growth of non-interest expenses, the addition of acquisition - related contingent consideration fair value changes reflecting performance within CWB Maxium Financial (CWB Maxium), higher preferred share dividends, and the 20 % increase to CWB's income tax rate in Alberta.

Net interest income and non-interest income both increased 7 %; however, the combined impact of moderate growth of non-interest expenses, increased provisions for credit losses, acquisition - related fair value changes and higher preferred share dividends resulted in lower earnings.

We understand the proposed tax changes are an effort to ensure all Canadians are paying a suitably fair share of tax on income, and to eliminate circumstances where private corporations might be used to gain unfair tax advantages.

The government intended to sell its tax changes for CCPCs on the basis that they would mean higher income Canadians would no longer be able to avoid paying their fair share of tax.

Upon exercise, the optionee recognizes taxable income generally measured by the excess of the then fair market value of the shares over the exercise price.

If the holding periods are not satisfied, then: (1) if the sale price exceeds the exercise price, the optionee will recognize capital gain equal to the excess, if any, of the sale price over the fair market value of the shares on the date of exercise and will recognize ordinary income equal to the difference, if any, between the lesser of the sale price or the fair market value of the shares on the exercise date and the exercise price; or (2) if the sale price is less than the exercise price, the optionee will recognize a capital loss equal to the difference between the exercise price and the sale price.

This globalization promotes mainly the search for private profit and not unselfish concern for others, fierce competition for income and wealth and not cooperation and sharing for the common good of all, the accumulation of personal and company wealth and not their fair and equitable distribution.

In the US, a first generation of fatherhood programmes, notably Parents» Fair Share (PFS) recorded the difficulty and complexity of improving labour market outcomes for low income men.

It is a commonly held belief that the rich don't pay their fair share, or that they pay no income taxes at all because of tax breaks.

This seems not to be compatible with what we find in our data: high overall popular agreement with the following statements «Government should redistribute incomes» (agree 52 %, disagree 23 %), «Big business takes advantage of ordinary people» (agree 77 %, disagree 8 %), «Ordinary working people do not get their fair share» (agree 72 %, disagree 11 %), «There is one law for the rich and one for the poor» (agree 71 %, disagree 14 %), and «Management will always try to get the better of employees» (agree 68 %, disagree 12 %).

Even then they expected us to wait for seven years before expecting non - domiciles to pay a fair share of tax on their worldwide income.

Other opponents argued that the City of Kingston had already taken on more than its fair share of Ulster County's low - income housing burden.

It argues this will «put # 700 back in the pockets of tens of millions of low and middle - income families, paid for by ensuring the wealthy pay their fair share».

We are going to win the majority because we have the right candidates and the right message, and whether it's providing record support for schools, delivering a 20 percent middle - class income tax cut, or ensuring every region of the state gets its fair share of infrastructure and economic development funding, New Yorkers know that Senate Republicans have their backs.»

The Hedge Clippers analysis argues that the massive sums from the hedge fund industry have helped create a system where wealthy individuals pay «nowhere near their fair share» due to tax policies that favor the rich, including a low tax bracket on upper - income earners and on «carried interest» profits, as well as the recent elimination of the «alternative minimum tax.»

Campbell has also earned her fair share of endorsements, including that of incoming Senate Minority Leader Audrey Gibson.

Valuations are generally based on an idea of expected future income, so, having our fair share of aeronautical engineers, as well as a good American representation in the group, we have a great discussion about the assumptions underlying the valuation, the future of the air travel market, and the role of governments and other stakeholders in funding such large projects.

Since its founding in 1990, TFA — a nonprofit organization aimed at reducing education inequity by placing young graduates into low - income communities in the U.S. to teach for at least two years — has had its fair share of criticism in the media and education field, mostly for not providing proper training and turning people off from education careers.

This analysis shows that the private non-profit sector is numerically important in many states, and that, on average, it enrolls its fair share of low - income students.

An improved comparability provision could go a long way toward ensuring that all low - income students get their fair share of state and local funding.

We have a tax system that does not ask those who have the most wealth and resources to pay their fair share — even with passage of Prop 30, wealth and income have been massively redistributed in California and the nation over the past three decades in the wrong direction.

Our teachers unions — private corporations — take in over $ 200 million every year in forced union dues, pay not a penny in income tax, and yet want the rest of us to pay our «fair share.»

For this aim to be realized, states and districts must make sure that low - income districts and schools receive their fair share of state and local resources, and Title I includes several provisions intended to address this issue.

The report also provides an analysis of first - year Local Control and Accountability Plans, or LCAPs, with an eye towards how transparently and effectively districts share these plans with the public, along with how they propose to invest in the success of low - income, English learner, and foster care students and recommendations to create a more participatory and fair school finance system.

TAKING ON TEACHER EQUITY: Today, the Obama administration is asking states to create plans ensuring that all students have access to effective teachers — and it will publish profiles of all states that will include information about where children from minority and low - income families aren't getting their fair share of these teachers this fall.

As it stands now, low - income students and students of color receive far less than their fair share in school funding.

The alternative minimum tax (AMT) was implemented to ensure that high - income Americans paid their fair share of taxes, regardless of how many deductions they could claim.

Since the rule of thumb is to spend 35 % of your net income on shelter, if Sonny Boy or Darling Daughter are living at home, insist that they cough up their fair share.

Filed Under: Taxes Tagged With: Current Tax System, Fair Share, Government, Income Tax, Tax Dollars, Tax System, Value Added Tax Editorial Disclaimer: Opinions expressed here are author's alone, not those of any bank, credit card issuer, airlines or hotel chain, or other advertiser and have not been reviewed, approved or otherwise endorsed by any of these entities.