Sentences with phrase «fair share of tax on»

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.

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.

Not exact matches

Earlier this month, that fuse got significantly shorter once the President weighed in on the issue, as he publicly shamed companies that are not collecting their fair share of local taxes.

Prime Minister Justin Trudeau has been adamant his government wouldn't increase taxes on online subscriptions, but his finance minister has suggested the Liberals want to ensure online firms pay their fair share of taxes.

In an Asset & Wealth Management report released on Monday, PwC said the public was increasingly hostile towards those perceived to be not paying their «fair share» of tax, and that businesses would need to put more effort into tax transparency in future.

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.

Called the Airbnb Community Compact, the document outlines several ways that the popular company plans to work with municipalities, including sharing anonymized data on the hosts and guests who use the service, preventing illegal hotel landlords from operating on the platform, and promising to pay its «fair share» of hotel and tourist taxes in cities that have them.

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.

Long story short, the IRS is more serious than ever about cracking down on cryptocurrency tax evaders, and it has three ways of getting its fair share from virtual token users.

The plan also leaves some decisions up to Congress, such as imposing restraints on wealthy individuals benefitting from the 25 % rate for pas - through businesses and the possibility of a fourth individual tax rate, higher than 35 %, to ensure that the rich pay their fair share of tax.

on a pro forma basis, giving effect to (i) the automatic conversion of all of our outstanding shares of convertible preferred stock other than Series FP preferred stock into shares of Class B common stock and the conversion of Series FP preferred stock into shares of Class C common stock in connection with our initial public offering, (ii) stock - based compensation expense of approximately $ 1.1 billion associated with outstanding RSUs subject to a performance condition for which the service - based vesting condition was satisfied as of December 31, 2016 and which we will recognize on the effectiveness of our registration statement in connection with a qualifying initial public offering, as further described in Note 1 to our consolidated financial statements included elsewhere in this prospectus, (iii) the increase in accrued expenses and other current liabilities and an equivalent decrease in additional paid - in capital of $ 187.2 million in connection with the withholding tax obligations, based on $ 16.33 per share, which is the fair value of our common stock as of December 31, 2016, as we intend to issue shares of Class A common stock and Class B common stock on a net basis to satisfy the associated withholding tax obligations, (iv) the net issuance of 7.6 million shares of Class A common stock and 5.5 million shares of Class B common stock that will vest and be issued from the settlement of such RSUs, (v) the issuance of the CEO award, as described below, and (vi) the filing and effectiveness of our amended and restated certificate of incorporation which will be in effect on the completion of this offering.

The pro forma consolidated balance sheet data gives effect to (i) the automatic conversion of all of our outstanding shares of convertible preferred stock other than Series FP preferred stock into shares of Class B common stock and the conversion of Series FP preferred stock into shares of Class C common stock in connection with our initial public offering, (ii) stock - based compensation expense of approximately $ 1.1 billion associated with outstanding RSUs subject to a performance condition for which the service - based vesting condition was satisfied as of December 31, 2016 and which we will recognize on the effectiveness of our registration statement in connection with this offering, as further described in Note 1 to our consolidated financial statements included elsewhere in this prospectus, (iii) the increase in accrued expenses and other current liabilities and an equivalent decrease in additional paid - in capital of $ 187.2 million in connection with the withholding tax obligations, based on $ 16.33 per share, which is the fair value of our common stock as of December 31, 2016, as we intend to issue shares of Class A common stock and Class B common stock on a net basis to satisfy the associated withholding tax obligations, (iv) the net issuance of 7.6 million shares of Class A common stock and 5.5 million shares of Class B common stock that will vest and be issued from the settlement of such RSUs, (v) the issuance of the CEO award, as described below, and (vi) the filing and effectiveness of our amended and restated certificate of incorporation which will be in effect on the completion of this offering.

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.

I pay my taxes, including those taxes NOT paid for by religious groups who don't pay their fair share, have never relied on welfare, paid back all of my student loans, with interest, raised happy, fulfilled and accomplished children (who are also atheists), and I vote in all elections.

As Gov. Andrew Cuomo made his scheduled phone - in to Fred Dicker's Talk - 1300 show this morning, dozens of protesters stood outside the hallway of the Legislative Correspondents Association on the third floor of the Capital calling on The New York Post's parent company News Corp. to «pay their fair share» of taxes.

«Together we've made progress on some of our top priorities — like growing jobs, cutting taxes, and securing our fair share — but I'm not done fighting to make Albany work better for all of us.

He said the coalition had worked to strengthen measures against tax evasion and avoidance, including spending on additional tax inspectors, adding: «All of those things serve to ensure we will raise more and more money from those who choose not to pay their fair share of taxes.»

In response to the HMRC's revelation of the continued enormity of the tax gap, Danny Alexander announced that 2,250 extra government tax inspectors would be tasked with tackling tax evasion and avoidance, including an «affluence team» to target those in the 50p tax band and ensure that «those with the broadest shoulders bear their fair share of the burden», as he told The Independent on Sunday.

«Now they have rolled over for Andrew Cuomo, the latest son seeking to inherit his father's former office, who refuses to make Wall Street and the rich pay their fair share of taxes, who intends to make war with the public employees union, supports expanding the financial waste of charter schools and wants to impose caps on public spending.

Kermit the Frog: who refuses to make Wall Street and the rich pay their fair share of taxes, who intends to make war with the public employees union, supports expanding the financial waste of charter schools and wants to impose caps on public spending.

UFT President Michael Mulgrew appealed to delegates at the April 13 Delegate Assembly to join and bring colleagues along for a big action on Thursday, May 12, to call on the wealthy to pay their fair share of taxes instead of cutting services to the middle class and the safety net for the poor.

At the Oct. 19 Delegate Assembly, the first since the summer break, UFT President Michael Mulgrew reported on principals abusing the teacher evaluation system, the dysfunctional Special Education Student Information System and the need to make the state's richest pay their fair share of taxes.

Spano said his priorities will be to fight for a fair share of education funding for Westchester school districts, to ensure the area economy remains strong, and to hold the line on taxes.

As a minority member on the Onondaga County Legislature, I worked across geographical and party lines to successfully negotiate a 10 - year agreement that ensured Syracuse would receive its fair share of sales tax revenues collected by the county.

The two agree that the state has to do more to ensure that school districts in Dutchess County are getting «their fair share» of state aid, although they differ on how best to reduce the reliance on property taxes to fund education.

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.»

«We're in the throws of the budget right now and it's critically important that we hold the line on taxes and make sure Rochester gets its fair share,» Robach said.

«We need a New York that works for all of us, where big corporations are responsible for paying their fair share of taxes to support our schools, roads, public transit and the services that we all rely on,» said Tomas Garduno, political director of ALIGN.

In my three plus years in the Senate, I've delivered on my promise to ensure our region gets its fair share, which includes record school aid, lowering middle class taxes, enacting equal pay for women, and supporting a better business environment while protecting the rights of workers.

«Instead of giving hedge fund managers and others on Wall Street billions in tax cuts so they can gamble with our money, Governor Cuomo should make them pay their fair share and invest in our communities,» said Wayne Starks, a VOCAL - NY Board member and leader from Brooklyn.

As Congressman, I will continue to fight for working families by creating good paying jobs, lowering taxes on the middle class and ensuring that Brooklyn and Staten Island receive our fair share of education, healthcare and transportation funding.»

Then the union elites have the audacity to go on offense and whine about millionaires and billionaires «not paying their fair share of taxes» when they don't pay a penny, and all the while funding politicians who ensure that CTA's and CFT's pilfer - and - spend scheme rolls on undisturbed.

The cuts to public colleges and universities will certainly lead to massive increases in tuition — which is nothing short of a tax increase on those who are already paying more than their fair share.

In 2013, no one expected that the US Military would descend on all of the tax havens of the world to reclaim their fair share.

Certainly not his little helpers at TLI... Charles Tracy & Ian Reynolds, both on the board since day one, deserve their fair share of the blame for a litany of mishaps & generally nasty surprises over the years... leverage, currency hedging, tax liabilities, credit exposure, life expectancies, policy expiries, premium increases & whatever other risks / issues I may have forgotten at this point.

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.

Under that arrangement, benefactors could deduct from their taxes a portion of an artwork's fair market value in return for sharing it with a museum, on the promise of its ultimate donation.

The Treasury consultation, Paying a Fairer Share: a Consultation on Residence and Domicile, issued on 6 December 2007 stated that one of the anomalies to be corrected was «the fact that certain anti-avoidance legislation, such as provisions introduced to prevent UK residents from making gains tax free in offshore structures, does not work effectively in relation to remittance basis users.

The Queen, the Tax Court of Canada recently awarded costs above the Tariff to a taxpayer who was partly successful in an appeal turning on the determination of the fair market value of shares, and ordered...

Whether you need the money out of your IRA or not, the IRS is tapping you on the shoulder to «remind» you that it's time to start paying your fair share of taxes.

In 2006, Iowa Republican Senator Charles Grassley spearheaded efforts to urge the I.R.S. Keep in mind that our military, our roads, and our entire federal government depend on people and corporations paying their fair share of taxes.

The gain, which is based on the difference between the cost of the shares and the deemed fair market value, is subject to tax on 50 per cent of the gain taxable at your own rate of taxation in the year the shares were gifted or were sold below fair market value.

This well - intentioned gesture may result in a double - whammy of taxes under the provisions of the Income Tax Act: the rules dictate that if you sell shares to a related party you are treated as having received monies equal to the fair market value of the shares, while the children will be treated as having a cost base for the future determination of any capital gains, based on the price actually paid by them to you.

The amendments, which came into effect on August 2, 2016, require foreign buyers to pay an additional tax (the Additional Tax) of 15 % of the fair market value of the property or share of the property purchastax (the Additional Tax) of 15 % of the fair market value of the property or share of the property purchasTax) of 15 % of the fair market value of the property or share of the property purchased.