Sentences with phrase «federal revenue sharing»

Recent analysis of the potential economic benefits of offshore natural gas and oil, finding that coastal states and the nation could see billions in annual industry spending, job creation and federal revenue sharing dollars over a 20 - year period, has the attention of leaders in one of those key states — Virginia.

The population also will suffer indirectly, by lower federal revenue sharing with U.S. states and cities.

Not exact matches

The federal government will keep up to $ 100 million on the new taxes as part of a cost sharing split that will see three - quarters of cannabis tax revenue flow to provinces and territories.

These risks and uncertainties include: Gilead's ability to achieve its anticipated full year 2018 financial results; Gilead's ability to sustain growth in revenues for its antiviral and other programs; the risk that private and public payers may be reluctant to provide, or continue to provide, coverage or reimbursement for new products, including Vosevi, Yescarta, Epclusa, Harvoni, Genvoya, Odefsey, Descovy, Biktarvy and Vemlidy ®; austerity measures in European countries that may increase the amount of discount required on Gilead's products; an increase in discounts, chargebacks and rebates due to ongoing contracts and future negotiations with commercial and government payers; a larger than anticipated shift in payer mix to more highly discounted payer segments and geographic regions and decreases in treatment duration; availability of funding for state AIDS Drug Assistance Programs (ADAPs); continued fluctuations in ADAP purchases driven by federal and state grant cycles which may not mirror patient demand and may cause fluctuations in Gilead's earnings; market share and price erosion caused by the introduction of generic versions of Viread and Truvada, an uncertain global macroeconomic environment; and potential amendments to the Affordable Care Act or other government action that could have the effect of lowering prices or reducing the number of insured patients; the possibility of unfavorable results from clinical trials involving investigational compounds; Gilead's ability to initiate clinical trials in its currently anticipated timeframes; the levels of inventory held by wholesalers and retailers which may cause fluctuations in Gilead's earnings; Kite's ability to develop and commercialize cell therapies utilizing the zinc finger nuclease technology platform and realize the benefits of the Sangamo partnership; Gilead's ability to submit new drug applications for new product candidates in the timelines currently anticipated; Gilead's ability to receive regulatory approvals in a timely manner or at all, for new and current products, including Biktarvy; Gilead's ability to successfully commercialize its products, including Biktarvy; the risk that physicians and patients may not see advantages of these products over other therapies and may therefore be reluctant to prescribe the products; Gilead's ability to successfully develop its hematology / oncology and inflammation / respiratory programs; safety and efficacy data from clinical studies may not warrant further development of Gilead's product candidates, including GS - 9620 and Yescarta in combination with Pfizer's utomilumab; Gilead's ability to pay dividends or complete its share repurchase program due to changes in its stock price, corporate or other market conditions; fluctuations in the foreign exchange rate of the U.S. dollar that may cause an unfavorable foreign currency exchange impact on Gilead's future revenues and pre-tax earnings; and other risks identified from time to time in Gilead's reports filed with the U.S. Securities and Exchange Commission (the SEC).

Between 1980 and 2012, the share of federal revenue derived from corporate tax revenue fell to 13.6 % from 15.2 %.

Overview of federal tax receipts: the composition of federal tax revenues, the income distribution of tax shares and liability, and the changes in total tax burden and as a percentage of GDP over time.

These included overly optimistic economic growth and oil price assumptions; cutting the contingency reserve by two - thirds; selling shares in GM at fire sale prices; raiding EI revenues; and even booking «savings» from unilateral changes to federal employees» sick leave benefits.

In other words, corporate income tax revenues as a share of federal government revenues are on track to rise by 15 per cent in five years.

«If they were at the same 21 percent share of corporate profits as they had averaged in the two decades before these cuts, the federal government would have about $ 25 billion more in corporate tax revenues annually.

  In fact, as a share of our economy and of corporate profits, federal tax corporate tax revenues were 31 and 30 percent lower respectively last year than they were in 2007/8.

In fact, as a share of our economy and of corporate profits, federal tax corporate tax revenues were 31 and 30 percent lower respectively last year than they were in 2007/8.

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.

But if schools set prices without including a share of such costs, revenues may not be sufficient to cover the total costs of competitive foods, resulting in a funding gap that must be filled from other sources, including federal funds.

When schools offer both a school meals program and competitive foods, the federal government does not need to underwrite all of the operating costs of the entire program; it is reasonable to expect the revenue generated by competitive foods to cover a share of production, service, and overhead that can reasonably be attributed to providing those foods.

He added that the situation is so bad that what the Federal government used to take from the federation accounts as its own monthly revenue about 18 months ago is even more than what is being shared by the three tiers of government.

While highlighting some of the unhelpful provisions in the Constitution, Governor Ambode attributed the imbalance in the financial resources of States and Local Governments to the current unhealthy revenue sharing formula which is heavily tilted in favour of the Federal Government.

ttributed the imbalance in the financial resources of States and Local Governments to the current unhealthy revenue sharing formula which is heavily tilted in favour of the Federal Government.

Four members of Connecticut's Congressional delegation pressed Monday for a federal probe of the U.S. Department of the Interior's decision to take no action on amendments to longstanding casino revenue - sharing agreements with the state of Connecticut.

Federal aid as a share of total revenue was highest for county governments, some 11.2 percent.

True federalism is negated by the undue preponderance of power given to the Federal Government to regulate or control the disposition of the common pool of revenue in the Federation Account, particularly as regards (a) the custody of the common pool of revenue, with the power of physical control and physical disbursement implied by custody; and (b) the power given to the Federal Government to prescribe the terms and manner of sharing the common pool of money among the federal, state and local goverFederal Government to regulate or control the disposition of the common pool of revenue in the Federation Account, particularly as regards (a) the custody of the common pool of revenue, with the power of physical control and physical disbursement implied by custody; and (b) the power given to the Federal Government to prescribe the terms and manner of sharing the common pool of money among the federal, state and local goverFederal Government to prescribe the terms and manner of sharing the common pool of money among the federal, state and local goverfederal, state and local governments.

The review stated that the 36 states received the highest share of VAT revenues of N464.5 billion in 2017, followed by N325.1 billion shared among the 774 local governments, while the federal government received the lowest share from VAT proceeds with N139.3 billion.

He pointed out that it made no economic sense for the Federal Government to be calculating the country's revenue on the basis of the Central Bank of Nigeria (CBN) official rate of N199 to a dollar while States and Local Councils that are sharing the revenue with the Federal Government run their businesses at the open market rate of over N400 to one dollar.

«In elementary economics, the implication is that when revenue is calculated based on N199 to one dollar and the federal government will be declaring say revenue of N400 billion to be shared by the three tiers of government, the value of revenue that should have been shared will be over N800 billion at the open market rate of N400 to one dollar.

Attorney General George Jepsen cautioned Tuesday that a tribal casino in East Windsor should not open without formal approval by federal regulators of amendments to existing slot machine revenue - sharing agreements with the state.

Soon after President Richard Nixon took office in 1969, it was widely reported that his administration was considering a federal VAT with the revenue to be shared with state and local governments to reduce their reliance on property taxes and to fund education spending.

Such restructured governance architecture will facilitate overall national economic productivity and bring about the necessary shift away from the present virtually unitary structure which encourages the 36 states and federal capital territory (Abuja) to rely on a philosophy of «sharing the national cake», and it will encourage the more viable federating units to focus on productivity and internally generated revenues.

Local funding for the district declined by 0.7 percent, but given the large share of state and federal funding, overall district revenues still grew by 6.7 percent.

Under the new Senate bill, public schools would have to share additional federal funding, gifts and grants, sales tax revenues and other funding.

What moderate Republicans are going to have trouble with is the tension with those [in their party] who want to reduce the federal role to revenue - sharing with states, block grants, for example, with few or no strings attached.

The share of federal revenues varies the least.

A slew of lawsuits in the 1980's and 1990's caused states to increase their share in funding education, and now school districts across the country have three main revenue streams: local, state and federal funding.

Amendments of various tax acts to permit the sharing of taxpayer information within Canada Revenue Agency to facilitate the collection of non-tax debt under certain federal and provincial programs

EBSA shares administration and enforcement of the federal pension law — the Employee Retirement Income Security Act — with PBGC and the Internal Revenue Service of the U.S. Department of the Treasury.

The Employee Benefits Security Administration of the DOL shares administration and enforcement of the federal pension law — the Employee Retirement Income Security Act — with PBGC and the Internal Revenue Service of the U.S. Department of the Treasury.

Man charged in Edmonton attack was ordered deported by U.S. in 2011, Canadian Press Trudeau proposes federal excise tax on legal pot, sharing revenue with provinces, Canadian Press Auditor general says Nova Scotia government needs to tighten its fraud controls, Canadian Press United States Police probe turns to Las Vegas gunman's girlfriend; investigators examine $ 100,000 transfer overseas, Reuters SEC forensics unit sought resources, cyber training ahead of 2016 hack, Reuters

Meanwhile, BIOTECanada's push to expand the federal flow - through share program to biotech showed up in an article in the Financial Post this week, hopefully encouraging the payers at Revenue Canada to give the request a serious look.

In some cases, they are also raising revenues by sharing the tax base with federal and provincial governments through a regulatory framework for First Nation tax systems.