Sentences with phrase «federal corporate taxes»

There's another thing to consider here: the effect of changes in federal corporate tax rates on provincial revenues.

This information indicates that a reduction of 3.5 points in the corporate tax rate in 2012 would lead to a loss of $ 6.1 billion in federal corporate tax revenues.

The general federal corporate tax rate is 28 %.

They also follow a recent pledge by the bank to build more branches and expand hiring in underserved neighborhoods and expand its philanthropic work, in response to an expected windfall from the passage of federal corporate tax cuts last year.

Health care «windfall profit» tax — There is no justification to impose a new state tax on a single business sector, as proposed here, in response to an across - the - board reduction of federal corporate tax rates.

In other words, each point reduction in the corporate tax rate would result in a reduction of around $ 1.7 billion (when fully in place) in federal corporate tax revenues.

Even though federal corporate tax rates have fallen by more than half over the past thirty years, corporate income tax revenues have continued to fluctuate around 2 per cent of GDP.

The breaks had allowed Puerto Rican subsidiaries of US companies to send earnings back to the mainland without paying federal corporate taxes.

Federal corporate tax changes pumped $ 2.5 - million dollars into the fourth quarter results at Albany International, which has operations in Homer.

The current federal corporate tax rate is 15 per cent, so that implies a tax base of about $ 263 billion.

[log of tax base] = -0.946 * [federal corporate tax rate] + 0.522 * [log of previous year's tax base] + other variables and controls

Apple is one of several multinational giants that have kept a total of roughly $ 3 trillion in global profits off their domestic books to sidestep the previous 35 percent federal corporate tax rate.

Steve Eisman, who disclosed owning Fannie Mae prefs in smalls, implied on TV this week that the DTAs could prove to be a catalyst for action, implying the US Treasury would be called upon to make the GSEs whole on the potential DTA value impairment due to the proposed Federal corporate tax cut.

As the table below shows federal corporate tax revenues rose to $ 35 billion in 2013/14, but this was still 17 percent below the $ 42.2 billion they were in 2007/8 when our economy and corporate profits were respectively 17 and 15 percent lower (in current dollars).

The former federal corporate tax rate of 35 percent was a burden on businesses, largely contributing to the relocation of U.S. jobs overseas.

A Latham - based fiber optics equipment provider is crediting the recent federal corporate tax cut in its decision to give its workers raises and hire up to 20 new workers this year.

Contrary to what the Prime Minister said, federal corporate tax cuts have led to a significant fall in corporate tax revenues.

Member companies employ 1.4 million Canadians, account for more than half the value of the Toronto Stock Exchange, contribute the largest share of federal corporate taxes, and are responsible for most of Canada's exports, corporate philanthropy, and private - sector investments in research and development.

Even though federal corporate tax rates have fallen by more than half over the past 30 years, corporate income tax revenues have continued to fluctuate around two per cent of GDP.

Federal corporate tax revenues are expected to rise in coming years, but will remain well below the shares of corporate profits and the proportion of the economy they had been prior to these tax cuts.

The companies surveyed provided employment to more than 1.1 million people, and comprised nearly 20 % of all federal corporate tax collected on business profit in the country.

He supports plans to lower the federal corporate tax rates and the harmonization of British Columbia and Ontario's sales taxes with the GST, but notes both Quebec and Nova Scotia have hiked their sales taxes in the past year.

But NDP and Liberal MPs claim they can't support further cuts to federal corporate taxes, and the issue has emerged as a potential election issue.

For businesses, Republicans are also seeking to reduce the federal corporate tax rate to 20 percent from its current maximum level of 35 percent.

He points to Trump's pledge to lower the federal corporate tax rate from 35 per cent to 15 per cent.

The NDP leader has not yet spelled out precisely how high he would boost the federal corporate tax rate, which currently stands at 15 per cent.

In Tuesday's federal budget, the government said more analysis was necessary before considering tax cuts to match the U.S., which announced in December it would drop its federal corporate tax rate to 21 per cent from 35 per cent.

Businesses will receive a slew of benefits from the GOP tax bill — the biggest being a cut in the federal corporate tax rate to 21 % from the current 35 %.

The U.S. government wants to reduce the federal corporate tax rate to 20 percent from its current maximum level of 35 percent.

If the Conservatives hadn't touched the federal corporate tax rate when they took office in 2006 — if they'd kept it at 21 per cent instead of lowering it to 15 per cent — government revenues would be $ 13 billion higher, the Canadian Labour Congress argued in a paper last January.

The longer - term impact on stocks should be positive, as the bill will reduce the federal corporate tax rate from 35 % (statutory rate at 39 %) to 21 %.

Jack Mintz is out today with yet another paper applauding the federal corporate tax cut from 18 % in 2010 to 15 % in 2012.

In the US, the federal corporate tax rate is 35 %.

If you are, say, Dalton McGuinty, Jean Charest or Christy Clark, you should adamently oppose any increases in federal corporate taxes since you'll bear, depending on your preferred model, some or all (and then some) of the cost of increased federal corporate tax revenue.

From Nevada, the company then set up its Irish subsidiaries, saving the lion's share of the federal corporate tax rate.

Finance Minister Joe Oliver announced that the federal corporate tax rate for corporations earning less than $ 500,000 will be reduced to 9 per cent by 2019 from 11 per cent now (compared to 15 per cent for business income above $ 500,000).

The Council's 150 member companies employ 1.7 million Canadians, account for more than half the value of the Toronto Stock Exchange, contribute the largest share of federal corporate taxes, and are responsible for most of Canada's exports, corporate philanthropy, and private - sector investments in research and development.

  Thatâ $ ™ s almost identical to the 32 percent cut in the federal corporate tax income rate from 22.1 % in 2007 down to 15 % from 2012 onwards (see chart and table below).

Thatâ $ ™ s almost identical to the 32 percent cut in the federal corporate tax income rate from 22.1 % in 2007 down to 15 % from 2012 onwards (see chart and table below).

Our member companies employ 1.7 million Canadians, account for more than half the value of the Toronto Stock Exchange, contribute the largest share of federal corporate taxes, and are responsible...

Our 150 member companies employ 1.7 million Canadians, account for more than half the value of the Toronto Stock Exchange, contribute the largest share of federal corporate taxes, and are responsible for most of Canada's exports, corporate philanthropy, and private - sector investments in research and development.

I've taken account of Alberta's oil sands royalty regime, federal corporate taxes (standard Class 41 CCA), Alberta's SGER maintained ad infinitum.

«While the federal corporate tax cuts are expected to incentivize businesses to make capital investments and create more jobs, New Yorkers don't see the benefits of the new tax reform,» Ondrich said.

He says the company filed state and federal corporate taxes that year, receiving refunds from both levels of government.

Amazon pays the federal corporate tax and collects taxes in all 46 states where sales taxes exist, plus the District of Columbia.