Sentences with phrase «federal government tax»

Continuing the discussion, I believe your federal government tax analogy doesn't apply to radiation from an object enclosed by a glass shield.

A Consumer Proposal is the only Federal Government tax relief program that offers taxpayer tax relief and under which CRA will settle your tax debts for less than the full amount owing.

Davidoff suggests the federal government tax capital gains made on the sale of a property.

With the introduction of the Federal Government Tax - Free Savings program in 2009, all Canadian residents over the age of 18 will be able to have their money working harder for them without having to pay tax on the interest earned.

Additionally, in certain areas, there are some federal government tax credit programs specifically for hybrid cars.

Most federal government tax revenue comes from personal income and payroll taxes.

It stated that Sylva was being mischievous as he ought to know as a former governor that Pay As You Earn (PAYE) is a Federal Government tax policy and it is not applicable to Bayelsa state alone.

A state protesting a federal government tax policy — OK.

Possible changes to the way the federal government taxes small businesses has many entrepreneurs watching developments warily

To assess if this overreporting on income taxes occurs because people consider payroll taxes as income taxes, we asked, «The federal government taxes people specifically to pay for Social Security and Medicare.

The federal government taxes you at absolutely zero.

The federal government taxes a portion of Social Security benefits if taxpayer income exceeds an allotted amount.

The federal government taxes Social Security benefits if your income exceeds a certain level.

Tax - deferred (or «tax - advantaged») investments - like 401 (k) s, Traditional IRAs, healthcare savings accounts and 529 college planning accounts - should be a top priority because your money has the opportunity to grow before the federal government taxes it.

Not exact matches

Government attempts to ease prices — including a 20 percent provincial tax on foreign buyers, a city tax on empty homes, as well as stricter federal mortgage rules — have made little difference: prices are up 16 percent in the past year.

In addition, the Government remains committed to ensuring federal tax expenditures are fair for Canadians, efficient and fiscally responsible.

Sousa has also written to the federal government asking them to delay HST input tax credits that would have allowed companies with $ 10 million or more in sales to claim certain expenses such as meals, drinks and entertainment until 2018.

«So Ontario saved tax money and the federal government had to pick up the tab, and all the while the province thought they were brilliant,» says Krishna.

But Paul tweeted that the tax bill would decrease the size of the federal government, which in his eyes makes it worthwhile.

By paying workers as independent contractors when they should be paid as employees, federal, state and local governments potentially miss out on tax revenue they would otherwise collect; this tax gap was the focus of a special report to Congress in 2011 and continues to be an area of focus today.

And that means that what the federal government regulates, taxes, and spends over the next several years could in large part hinge on the actions of just one 72 - year - old Southerner: Mitch McConnell.

Morneau said nine out of 10 recipients of child benefits would do better under the new program than they were previously; a family of two children earning $ 90,000 per year will get a tax - free bonus of $ 5,650 per year from the federal government, an increase of $ 2,500 per year compared with Harper's child - subsidy regime.

Out of the data on 56 Canadian taxes borne and collected by the governments provided by the surveyed firms, the federal government collects 61 % of the $ 68.5 billion TTC, based on 19 federal taxes.

Premier Colin Barnett has described the federal government's mining tax as a flop, after Treasurer Wayne Swan revealed today the impost raised just $ 126 million in its first six months of operation.

The federal government recently announced that it is killing the «tampon tax,» effective July 1st, by removing the GST on products that are «marketed exclusively for feminine hygiene purposes.»

Also, financially strapped provincial and federal governments could bring in higher statutory tax rates in years ahead.

The government expects the anti-smoke move will increase federal tax revenues by $ 685 million in 2014 - 15 — a major piece of the puzzle in Tory efforts to balance the books over the next two years.

The stock has surged 41 % since President Donald Trump's November election, surprising many who predicted the company led by billionaire Elon Musk would suffer under a Republican government averse to supporting clean - energy companies with federal tax subsidies.

Federal Finance Minister Jim Flaherty first commissioned his own study, authored by University of Calgary tax - policy expert Jack Mintz, then in March initiated a public consultation process, by which time talk of a government - run supplemental pension plan, whether regional or national, began to fade.

TORONTO — The Liberal government will not «act in an impulsive way» in response to U.S. corporate tax cuts that economists say pose a threat to Canada's competitiveness, the federal finance minister said after a pre-budget meeting Friday.

It would also sap provincial and federal governments of needed tax and royalty revenue, hurting their balance sheets.

While both Mnuchin and Mulvaney are arguing that the Trump tax plan would spur economic growth, it appears they disagree on the extent that would affect the federal government's fiscal situation.

Low rates could also help shrink the federal budget deficit by easing the government's borrowing costs and generating tax revenue from stronger growth, Bernanke argued.

Medical marijuana patients are bracing for an uphill battle in their bid to convince the federal government to exempt medicinal cannabis from excise taxes.

It's also worth noting that some states now allow tax deductions for long - term care premiums, even if the federal government ends up doing away with it.

The first case, known as Halbig v. Burwell, contests the tax subsidies individuals get through exchanges run by the federal government.

While there are signs of economic improvement, small businesses remain cautious in terms of hiring, amid uncertainties over the Federal government's ability to avoid the fiscal cliff and the tax ramifications of going over it.

Although both appellants and the government argue that the ACA, read in its totality, evinces clear congressional intent, they dispute what that intent actually is... We conclude that the appellants have the better of the argument: a federal Exchange is not an «Exchange established by the State,» and section 36B does not authorize the IRS to provide tax credits for insurance purchased on federal Exchanges.

If you mess up your federal payroll taxes, you will be hearing from the government.

«You're going to cut the taxes, you're going to have a pro-growth policy, the federal government is going to invest a little more — all of that is happy stuff.

In 1969, government officials noticed that 155 people with high incomes were legally using so many deductions and other tax breaks and that they were paying absolutely nothing in federal income taxes.

In 2013, oil and gas accounted for 68 % of Russia's total exports, while duties on those exports, combined with taxes on mining, accounted for 50 % of the federal government's revenue.

While some observers see the plan as yet another way in which the provinces are pressuring the federal government to expand CPP, Ontario's opposition Progressive Conservatives have already condemned the program as a «job - killing payroll tax.»

Powell said individual Fed members will be crafting new projections at the central bank's meeting in March, which would be influenced by federal government's ambitious fiscal policies including tax cuts.

As I have explained elsewhere, many of the policies put in place by the Federal government since the election of President Obama in 2008 — banking reform, business regulation, tax policies, and the Affordable Care Act to name a few — have made entrepreneurship more difficult to undertake.

Western Australia's hospitality and agricultural industries have welcomed the federal government's decision to amend its planned backpacker tax, but the tourism body says it will cost the state jobs nevertheless.

The federal government limits tax - deductible contributions to retirement plans; for most plans, such as 401 (k) programs, the maximum amount you can receive in contributions in 2016 is $ 53,000 if you're under the age of 50, and $ 59,000 if you're eligible to make «catch - up» contributions.

The decision has been ascribed to some combination of the persuasive powers of the president - elect, about $ 7 million in tax breaks from the state of Indiana, and implicit threats to the valuable business Carrier's parent company United Technologies, a major military contractor, conducts with the federal government.

Association president Gary Smith, of Brookfield Financial, opened the conference by imploring federal and provincial governments to play more of a role, lauding those provinces like Ontario that have launched venture funds, and taking credit for the repeal of Section 116 of the Income Tax Act in the Harper government's spring budget.

The biggest driver of economic growth next year will be from household consumption, which policy makers reckon will get a boost from the federal government's tax cuts and its decision to augment monthly child benefits.