Sentences with phrase «for paying taxes on»

(And, if the policy ends up lapsing, the policy holder could be responsible for paying taxes on the borrowed funds).

Be aware that you are responsible for paying the taxes on a car rental redemption.

In the calculations for taking the penalty, you discuss the penalty of 10 % as a con; but you are leaving out the calculation for paying taxes on that money as well.

(Reuters)-- Affluent Americans are showing a growing preference for paying taxes on their retirement savings sooner rather than later.

Such sales can generate capital gains, which are then distributed to individual investors who are responsible for paying taxes on them.

So if your child lands a scholarship that covers $ 20,000 annually for tuition, you're allowed to withdraw a total of $ 80,000 without incurring the 10 % penalty but you'll still be on the hook for paying taxes on the earnings.

You are now responsible for paying taxes on $ 115,000 minus any deductions and personal exemptions you qualify for.

That will, however, make you responsible for paying taxes on Traditional IRA withdrawals once you retire.

If you are a freelancer responsible for paying taxes on your income or if you own a small business, then you can probably deduct some of your credit card interest as a business expense.

If you choose to sell your shares in a mutual fund, you will be responsible for paying taxes on an increase in the value of the shares.

The shareholders are then responsible for paying taxes on this income stream.

If you are the beneficiary of a trust, you are responsible for paying tax on your share of the trust income that's distributed to you.

Unitholders are responsible for paying tax on the entire amount of a distribution, but they... Read More

Government STRIPS and corporate zeroes have a «phantom tax» structure — although no money is paid until maturity, you'll still be responsible for paying tax on them every year as long as you own them.

So despite being able to withdraw an amount equal to one of the above eligible expenses, you will have to plan for paying the tax on the withdrawal.

Not exact matches

Let that money sit for a while, and you'll most likely pay no more than 15 % in taxes on its growth, as the long - term capital gains tax for most people is far lower than taxes on regular income.

After the Times wrote a story suggesting that Trump may have avoided paying taxes for close to two decades as a result of a large tax loss on his real estate investments, the candidate threatened to sue the newspaper.

Under his unusual pay deal, Trump Hotels granted its chairman annual incentive pay based on EBITDA, an acronym for earnings before interest, taxes, depreciation and amortization.

Trump called on Wednesday for a new «pass - through» tax rate of 25 percent that could mean big savings for owners of sole proprietorships and partnerships who now pay 39.6 percent.

Ryan was asked on NBC's «Today» show whether the tax bill would increase the deficit or would pay for itself through economic growth.

Cramer was also burned on Pfizer's aborted takeover bid for drug company Allergan, which had an overseas taxation rate that would allow the company to pay lower taxes than if it were based in the U.S.

Exactly how much taxpayers would save — or how much more they would pay — depends on many factors, and as Business Insider's Josh Barro pointed out, tax cuts for middle - class Americans aren't likely to be as sweeping as Republicans make it sound.

The reason for these credits initially was to avoid double taxation on earnings that corporations already paid tax on.

In contrast, for the CPP any extra benefits in retirement will be paid by taxes on anyone who is of working age — unless you're retired or still a student, that means you, not someone else.

These latest reports and in particular the Productivity commission are nonsence to say that it will have a marked effect on the overseas On - Line sales is absolute rubbish.My daughter is in retail in Sydney the problem with overseas On - Line they pay no tax eg GST super, the list goes on we forget WA metro has say 1.8 m people Sydney has 6m Bondi Junction which is probiably the largest shopping centre in Sydney is shut at 6 o, clock most nights The gov keeps going on about the east and what they do Wayne Spencer and co are mouth peaces for the large retailers.My main concern is the On - Lne which is destroying Australias retail ecnomy if it fails being our largest employer the country will be in huge trouble economicly.I have spelt this out in detail in an Email to Bill Shorten if you would like a coon the overseas On - Line sales is absolute rubbish.My daughter is in retail in Sydney the problem with overseas On - Line they pay no tax eg GST super, the list goes on we forget WA metro has say 1.8 m people Sydney has 6m Bondi Junction which is probiably the largest shopping centre in Sydney is shut at 6 o, clock most nights The gov keeps going on about the east and what they do Wayne Spencer and co are mouth peaces for the large retailers.My main concern is the On - Lne which is destroying Australias retail ecnomy if it fails being our largest employer the country will be in huge trouble economicly.I have spelt this out in detail in an Email to Bill Shorten if you would like a coOn - Line sales is absolute rubbish.My daughter is in retail in Sydney the problem with overseas On - Line they pay no tax eg GST super, the list goes on we forget WA metro has say 1.8 m people Sydney has 6m Bondi Junction which is probiably the largest shopping centre in Sydney is shut at 6 o, clock most nights The gov keeps going on about the east and what they do Wayne Spencer and co are mouth peaces for the large retailers.My main concern is the On - Lne which is destroying Australias retail ecnomy if it fails being our largest employer the country will be in huge trouble economicly.I have spelt this out in detail in an Email to Bill Shorten if you would like a coOn - Line they pay no tax eg GST super, the list goes on we forget WA metro has say 1.8 m people Sydney has 6m Bondi Junction which is probiably the largest shopping centre in Sydney is shut at 6 o, clock most nights The gov keeps going on about the east and what they do Wayne Spencer and co are mouth peaces for the large retailers.My main concern is the On - Lne which is destroying Australias retail ecnomy if it fails being our largest employer the country will be in huge trouble economicly.I have spelt this out in detail in an Email to Bill Shorten if you would like a coon we forget WA metro has say 1.8 m people Sydney has 6m Bondi Junction which is probiably the largest shopping centre in Sydney is shut at 6 o, clock most nights The gov keeps going on about the east and what they do Wayne Spencer and co are mouth peaces for the large retailers.My main concern is the On - Lne which is destroying Australias retail ecnomy if it fails being our largest employer the country will be in huge trouble economicly.I have spelt this out in detail in an Email to Bill Shorten if you would like a coon about the east and what they do Wayne Spencer and co are mouth peaces for the large retailers.My main concern is the On - Lne which is destroying Australias retail ecnomy if it fails being our largest employer the country will be in huge trouble economicly.I have spelt this out in detail in an Email to Bill Shorten if you would like a coOn - Lne which is destroying Australias retail ecnomy if it fails being our largest employer the country will be in huge trouble economicly.I have spelt this out in detail in an Email to Bill Shorten if you would like a copy

Trump also floated a possible plan for paying for the wall: a 20 % tax imposed on importers of the stuff that is made in Mexico and shipped to the U.S.

On Thursday, President Trump floated a possible plan to pay for a wall between Mexico and the U.S. — a 20 % tax imposed on importers of the stuff that is made in Mexico and shipped to the United StateOn Thursday, President Trump floated a possible plan to pay for a wall between Mexico and the U.S. — a 20 % tax imposed on importers of the stuff that is made in Mexico and shipped to the United Stateon importers of the stuff that is made in Mexico and shipped to the United States.

«There won't be enough money in the government to allow for a tax cut and fiscal stimulus program if in effect the government can't even pay the interest on the debt without borrowing the money.»

«Not only will this tax plan pay for itself, but it will pay down debt,» Mnuchin said at a conference in Washington on September 28.

Digital companies pay on average an effective tax rate of 9.5 percent — compared to 23.2 percent for traditional businesses.

Its work shows that marginal tax increases have little effect on economic growth, provided the revenue is used to pay for things such as education and healthcare.

White House press secretary Sean Spicer told reporters on Thursday that the administration is pushing for a 20 % border tax on Mexican imports to help pay for the wall.

Companies disclose an amount paid in income taxes on their income statement, for instance.

One area of contention is the matter of Apple paying taxes on the profits it recorded in Ireland as well as sending money back to the US to pay for research and development.

Margrethe Vestager, the EU's commissioner for competition, argued shortly after presenting the decision in the summer that the ruling was «based on the facts,» which showed that Apple was paying a corporate tax rate of just 0.05 percent in Ireland.

Yet the Brits have a free health system to show for their taxes, whereas Americans pay on top of that for insurance.

If you have one of these, congratulations on being willing to save tax now (that will have to be paid later), but it's time to start running for the hills because these things are scary and full of problems.

Most households depend on a 401 (k) plan to save for retirement on the grounds that they receive a tax deduction today and pay ordinary income taxes when they take distributions later, presumably when they are in a lower tax bracket.

Charities, by and large, do not pay executives over $ 1 million, according to research from Charity Navigator, though there are exceptions and it would be difficult for a charity to explain having to use donations for a 20 percent excise tax on executive compensation.

Higher taxes on top earners or increased corporate tax rates for firms with very high CEO - to - worker compensation ratios could rein in executive pay without adversely affecting workers or the economy, the report suggests.

And he favors creating a special tax on speculative activities that would pay for free college education for students.

The days of taking out a home equity line of credit to pay for college, a new car or for someone's silence — and take a tax break on the interest — are coming to a close.

«Toyota Motor said will build a new plant in Baja, Mexico, to build Corolla cars for U.S. NO WAY!Build plant in U.S. or pay big border tax,» Trump posted on Twitter in early 2017.

The burden for paying the local sales tax on those transactions falls to the end consumer, who rarely ever pays these taxes.

If the 8,000 Canadians who received stock options as part of incomes over $ 250,000 paid taxes on this money at the same rate as the rest of their income — treating executive compensation the same way you treat the income of any other working stiff — it would have raised $ 337 million for federal coffers in 2009, a down year for options.

Prior to the enactment of NAFTA in 1994, companies regularly paid as much as 30 percent taxes on goods traveling between Canada, Mexico and the U.S. — making it near impossible to trade internationally for smaller, cash - constrained firms.

He said the company failed to properly pay his taxes on his behalf, made unauthorised loans, and overpaid for «security and other services,» costing him «tens of millions of dollars» and leading to financial trouble, of which he claims to have only become aware of in March of last year.

Should you cash out on your red hot stock and pay short - term capital gains tax, or take a chance and wait out the year to be eligible for long - term capital gains tax?

Depending on how much you owe the IRS at the end of 2018, you could be penalized for not paying enough in estimated tax payments during the year.

Such risks, uncertainties and other factors include, without limitation: (1) the effect of economic conditions in the industries and markets in which United Technologies and Rockwell Collins operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity prices, interest rates and foreign currency exchange rates, levels of end market demand in construction and in both the commercial and defense segments of the aerospace industry, levels of air travel, financial condition of commercial airlines, the impact of weather conditions and natural disasters and the financial condition of our customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization of the anticipated benefits of advanced technologies and new products and services; (3) the scope, nature, impact or timing of acquisition and divestiture or restructuring activity, including the pending acquisition of Rockwell Collins, including among other things integration of acquired businesses into United Technologies» existing businesses and realization of synergies and opportunities for growth and innovation; (4) future timing and levels of indebtedness, including indebtedness expected to be incurred by United Technologies in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including in connection with the pending Rockwell Collins acquisition; (5) future availability of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope of future repurchases of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level of other investing activities and uses of cash, including in connection with the proposed acquisition of Rockwell; (7) delays and disruption in delivery of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits of organizational changes; (11) the anticipated benefits of diversification and balance of operations across product lines, regions and industries; (12) the outcome of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact of the negotiation of collective bargaining agreements and labor disputes; (15) the effect of changes in political conditions in the U.S. and other countries in which United Technologies and Rockwell Collins operate, including the effect of changes in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general market conditions, global trade policies and currency exchange rates in the near term and beyond; (16) the effect of changes in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personntax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personntax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnTax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.