Sentences with phrase «final tax burden»

They are not intended to specify the final tax burden, which may vary depending on how the winner chooses to invest or dispense their prize money.

Those are just the amounts withheld up front; the final tax burden is likely to be even higher.

That is just the amount withheld up front; the final tax burden is likely to be even higher.

Not exact matches

Since the three main Westminster political parties all endorse the conclusions of Sir Ian Wood's recent review on how to maximise the economic recovery of oil and gas from the UK Continental Shelf (Search for UKCS Maximising Recovery Review Final Report, here), and its tacit underlying fiscal premises (namely that there is a need for a simplified fiscal regime to incentivise investment and drilling activity, as well as to ease the burden upon the new regulator of the upstream sector), it does not take the gift of prophecy to appreciate that the ultimate outcome of this subsequent review on the shape of the UK fiscal regime seems foreordained; namely, a return to the situation that prevailed before the introduction of SC, whereby the only levy on income from oil and gas fields is to be Corporation Income Tax at the standard rate levied on the likes of Starbucks and Amazon.

«If the excise tax remains in the final bill that is approved and signed into law, it will place an unacceptable burden on our members — with approximately 40 percent being affected in the very first year.»

With the final expense account, you will also have a cash component that grows without the burden of tax.