Sentences with phrase «from local sales tax»

But Georgetown will pay the $ 15 million back to Simon over 20 years by rebating a share of the revenue from the local sales tax that Wolf Ranch generates.
Political power is important, for example, in enabling Amazon to avoid taxes — for example, its unconscionable exemption from local sales tax (apparently ending now).
Klein's legislation calls for a more specific, one - time charge that would come in the form of monthly payments of $ 35.6 million from local sales tax revenue over the course of 12 months in order to meet $ 428 million, or just over half of the plan.

Not exact matches

The White House has taken the side of traditional retailers in a Supreme Court case concerning the ability of state and local governments to collect sales taxes from online retailers.
Infrastructure spending could come, just as it did by the efforts of Van Rysselberge in Oklahoma City, from passing local sales taxes to fund those programs.
The study's authors say they used the same methods researchers developed in a 2009 report titled «State and Local Government Sales Tax Revenue Losses from Electronic Commerce,» compiled by business professors at the University of Tennessee.
There are still local sales taxes, which range from 0 % to 7.5 %, as well as property taxes.
Destiny officials and their local supporters argue that the mall attracts shoppers from Canada and elsewhere outside the area, boosting local sales tax revenue.
Prop 22 is a constitutional amendment that forbids the state from raiding any dedicated local sales taxes.
Year - over-year tax collections from the personal income tax and sales tax in 46 states have grown by more than 10 percent from April through June, but revenue on the local level remains stagnate compared to last year, The Rockefeller Institute for Public Policy found.
Officials from Appleton and nearby cities said Thursday that being able to raise a local sales tax to pay for public transportation would prevent them from regularly going hat in hand to the federal government.
At least a dozen NY counties are trying to increase their local sales tax rate, but can't get permission from the Senate GOP to do so.
«It's not on my agenda,» Cahill said prior to the press conference, referring to accusations from Hein and others that he had thwarted passage of a sales - tax extension that could mean upwards of $ 26 million in lost revenue to county and local governments next year.
That sales tax goes toward helping the county pay for anything from road repairs to staffing the local police departments.
Both businesses announced by Gov. Andrew Cuomo last month fall into that criteria, and as a result of their success in the application process, they will be able to operate free for a decade from state income tax, business or corporate state or local taxes, sales tax, property tax or franchise fees.
Cahill said the Assembly bill makes ride - hailing services subject to the same local and state sales taxes as limousine services, to make sure local governments receive a greater share in revenue from the taxes.
The final budget eliminates tax credits for business, suspends the sales tax exemption on clothing, and allows state and local governments to borrow from the state pension fund to make required contributions to the same fund — resulting in a hidden $ 1,300 tax on homeowners outside New York City.
Local governments squeezed by the tax cap are not likely to make up any revenues from sales taxes.
It could equally be stated Medicare local County share is funded from Sales Tax.
Third, the amount is misleading given the County local share of that program can come from many local revenue sources, including Sales Tax, Residential Energy Tax, Hotel / Motel Occupancy Tax, County Mortgage Tax as well as Real Property Taxes.
Walker's bill would exempt construction materials from the state and local sales tax and hand the company up to $ 2.85 billion in tax credits based on the number on the number of jobs generated.
Georgia legislators have scrapped a proposal to fund school construction through voter - approved local sales taxes after meeting resistance from municipal leaders who did not want to have to compete with school districts for funds.
Most state and local government revenues come from sales taxes, grants from the federal government, personal income taxes, and property taxes.
Local revenues come mainly from the personal - property tax and local sales tLocal revenues come mainly from the personal - property tax and local sales tlocal sales taxes.
What one education advocate describes as a «perfect storm» over school finance is brewing in Georgia, as a top lawmaker pushes to replace local property taxes for education with a statewide sales tax, even as the state gears up to fight a lawsuit from school districts over the current funding formula.
$ 4.5 million — Amount in local sales and use tax revenues received by Roanoke Rapids City Schools from 2006 through 2014
$ 2.5 million — Amount in local sales and use tax revenues received by Weldon City Schools from 2006 through 2014
Funding for the FEFP combines state funds — primarily generated from sales tax revenue — and local funds — generated from property tax revenue.
Georgia instituted competitive public schools facilities funding 11 years ago and by law charter schools are eligible for E-SPLOST — education special local option sales tax — dollars but GCSA's report said, ``... the dividends from these programs have, thus far, been very limited.»
The appropriation for the Standards of Quality for Public Education (SOQ) includes amounts estimated at $ 348,900,000 the first year and $ 361,100,000 the second year from the amounts transferred to the general fund from the Public Education Standards of Quality / Local Real Estate Property Tax Relief Fund pursuant to Part 3 of this act which are derived from the 0.375 cent increase in the state sales and use tax levied pursuant to § 58.1 - 638, Code of VirginTax Relief Fund pursuant to Part 3 of this act which are derived from the 0.375 cent increase in the state sales and use tax levied pursuant to § 58.1 - 638, Code of Virgintax levied pursuant to § 58.1 - 638, Code of Virginia.
Taxpayer dollars from two primary sources — from the state sales - tax supported «school funding formula» and local property taxes — and get divvied into several funds, some of which are earmarked for a very specific expenses.
Local revenues for schools are primarily derived from property taxes, while states rely on a variety of taxes, most prominently sales and income taxes.
Local funding sources include $ 97.8 million from San Francisco Proposition K sales tax proceeds, $ 7.3 million from San Mateo County Measure A sales tax proceeds, $ 38.5 million in Alameda - Contra Costa Transit capital contribution, and $ 7.6 million in other local contributLocal funding sources include $ 97.8 million from San Francisco Proposition K sales tax proceeds, $ 7.3 million from San Mateo County Measure A sales tax proceeds, $ 38.5 million in Alameda - Contra Costa Transit capital contribution, and $ 7.6 million in other local contributlocal contributions.
The project is financed with a grant from the Federal Transit Administration, local Measure A transportation sales tax revenue for capital projects and a Bay Area Air Quality Management District grant for heavy duty zero - emission vehicles.
Richard Kitson, commercial director at Hachette UK, said in a note to staff that «the New Zealand government's abandonment of territorial copyright protection» and «a significant shift to sales from offshore online retailers who are not liable for the sales tax that is levied on local retailers» were among factors behind the decision.
That's still pretty good value and, of course, ebooks from Amazon currently escape the 12.5 % (soon to be 15 %) sales tax levied here, a tough reality for local booksellers who must charge it.
Note that the major book publishers require Amazon to collect sales tax — an obvious attempt to support bricks and mortar retailers (from Walmart to the local independents) who collect sales tax.
You can only deduct 1 of the 2 from state, local income taxes OR sales taxes.
Dividend and capital gains distributions that you receive, as well as your gains or losses from any sale or exchange of Fund shares, may also be subject to state and local income taxes.
Tax Payments also allows you to pay your local Sales and Use, and Withholding taxes (CT, MA, RI, and NY) and various Federal * tax types all from one plaTax Payments also allows you to pay your local Sales and Use, and Withholding taxes (CT, MA, RI, and NY) and various Federal * tax types all from one platax types all from one place.
'' (3) Any amount deducted from gross income under section 164 of the Code as state, local, or foreign income tax or tax, as state or local general sales tax tax, or as qualified motor vehicle tax to the extent that the taxpayer's total itemized deductions deducted under the Code for the taxable year exceed the standard deduction allowable to the taxpayer under the Code reduced by the amount the taxpayer is required to add to taxable income under subdivision (4) of this subsection.subsection (a2) of this section.»
In mid-December, Congress retroactively reinstated many so - called tax extenders, including the ability to make charitable contributions from individual retirement accounts in lieu of required minimum distributions and the option to deduct state and local sales taxes.
NOTE: Language providing that a county, municipality, or other entity of local government may not prohibit the sale of or offering for sale of tangible personal property subject to the tax imposed by Chapter 212 which may lawfully be sold in the state was stricken from final version.
The state and local governments did not receive tax revenue from those sales of dogs.
Those are matched by the state and local governments who get their funding from the state income tax and sales taxes.
I would drop the electricity off at the local substation and with the money from the sales, I would be able to stay on my farm and pay the taxes.
For the avoidance of doubt, Gross Revenues shall (A) exclude monies received from any source other than the sale of electric energy and capacity, including, without limitation, any of the following: (i) any federal, state, county or local tax benefits, grants or credits or allowances related to, derived from, or granted to the Wind Energy Project or Grantee, including, but not limited to, investment or production tax credits, or property or sales tax exemptions, (ii) proceeds from financing activities, sales, assignments, partial assignments, contracts (other than the power purchase agreement) or other dispositions of or related to the Wind Energy Project (such as damages for breach of contract or liquidated damages for delays in project completion or failures in equipment performance), (iii) amounts received as reimbursements or compensation for wheeling costs or other electricity transmission or delivery costs, and (iv) any proceeds received by Grantee as a result of damage or casualty to the Wind Energy Project, or any portion thereof and (B) include any revenues derived from Grantee's sale of carbon dioxide trading credits, renewable energy credits or certificates, emissions reduction credits, emissions allowances, green tags, tradable renewable credits, or Green - e ® products, any of which are allocated to Grantee, if applicable, through its participation in any voluntary registry, association or market - based exchange.
Each state has its own sales tax laws, ranging from no sales tax to more complicated requirements, making it important to call your local government agency or look for the information on your government website.
Assigned ID Car Club Department of Revenue — Current Local Sales and Use Tax Rates Vehicles Towed from Private Property / Vehicles Left Unattended on Private Property Transfer of Ownership Odometer Certifications Vehicle Inspections County Treasurer & Dealer Resources Manufacturer Codes
Eaglefordshale.com recently wrote an article that provided research from the University of Texas at San Antonio that showed that employment in Karnes County increased by 260 %, and local sales tax revenues recently doubled in Dimmit County due in large part to increased oil and gas activity.
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