Sentences with phrase «government levy»

All premiums are inclusive of government levy.

Speaking, the consultant on Economic Development Levy, Mr. Solanke Hamzat, noted that the levy should not be missed up with Local Government levy on market days.

Although the federal government levies royalties on offshore energy production, these royalties are transferred back to the provinces of Newfoundland and Labrador and Nova Scotia, thereby having no impact on the federal government's budgetary balance.

Tariffs are custom taxes that governments levy on imported goods.

In some cases, governments levy excise taxes on goods that have a high social cost, such as cigarettes and alcohol, and for this reason, these taxes are sometimes called sin taxes.

Governments levy gas taxes that better reflect the true cost of oil, which then spurs industry to develop cleaner, more efficient cars.

The cumulative effect of paying taxes over decades could be far more burdensome than a single day in prison; but is trite that when the government levies a tax, it does not «deprive» an individual of his or her liberty (even allowing for some flexibility in interpreting that term).

The United States government levied direct taxes from time to time during the 18th and early 19th centuries.

The government levies taxes on the citizens of the country to produce income for business projects to enhance the country's economy and to lift up the standard of living of the nationals.

Currently, the Indian government levies heavy taxes on electronic products like smartphones imported to India to encourage the Make in India initiative.

«Gas prices have continued to increase as governments levy more taxes against something that is a discretionary purchase and that has environmental consequences.»

In China, all of the peons pay the central government what said government levies on them, but the peons do not get any votes.

Under that system, thousands of state and local governments levy a variety of sales tax rates.

Not exact matches

That's not the kind of behaviour you reward through governments,» says Levy, a lawyer and an executive director of Canadian Cannabis Clinics.

And featuring presentations from: - Taeho Bark, Former Minister for Trade of the Korean Government - Chris Rodwell, CEO, Chamber of Commerce and Industry WA - Gordon Flake, CEO, Perth USAsia Centre - Stephen Smith, Former Minister for Defence and Minister for Foreign Affairs, Perth USAsia Centre - Jeffrey Wilson, Head of Research, Perth USAsia Centre - Darren Levy, TradeStart Adviser, Chamber of Commerce and Industry WA

U.S. plane manufacturer Boeing, which had initially complained that Bombardier was benefitting from unfair subsidies by the Canadian government, had only asked for an 80 % levy.

THE state government has reaffirmed its opposition to raising the landfill levy while announcing that its ambitious recycling targets are becoming increasingly achievable.

The nation's biggest miners, BHP and Rio Tinto, are being targeted as part of a near $ 1 billion corporate tax grab and the major banks have been warned they could face a bank levy if the new West Australian government can not pass its budget measures.

Personal income tax will hit a 20 - year high of 12.5 per cent of GDP by 2020 - 21 under the budget forecasts as the government relies on bracket creep and an increase in the Medicare levy to return the budget to surplus.

Seattle's City Council voted on Monday to levy a special tax on sodas and other sugary beverages sold to consumers, becoming the latest of several local government bodies across the country to take such action for the sake of public health.

Similar criticisms were levied at the U.S. government in the 1940s, when the debate was over whether billions should be spent on building a national interstate highway system.

Even as national governments accept that the current taxation system needs to be altered, the path forward is fraught with difficulties, with some countries warning that a new levy could discourage digital use and push customers to products outside of Europe.

Just months after the government ruled out a sugar tax, Osborne said the planned levy, which would be imposed on companies and based on the sugar content in drinks, would raise 520 million pounds ($ 730 million).

Much of the reporting on the first McGowan government budget has centred on payroll tax hikes and the new gold levy, but there is a lot of other stuff in there that bears examination.

LAST October, the WA Government introduced the Financial Relations Agreement Bill which, among other things, introduced the levying of stamp duty on GST - inclusive property transactions.

«Implementation of the federal government's carbon pricing levy will generate a headwind for the Canadian economy over the medium term,» Frechette's report said.

The US Department of Commerce threatened to levy a 299.45 % tariff on the C Series jets after Boeing alleged Bombardier used Canadian government subsidies to lower its prices for Delta.

Privately owned Perth company Eclipse Resources is facing a bill of more than $ 10.5 million after losing a challenge to the state government's landfill levy.

When lumped in with still - rising federal levies like the Universal Services Fund, they add 12 percent to the average American's cell bill and as much as 19 percent in many of our most populous states, says Scott Mackey, economist and partner with government affairs firm Kimbell Sherman Ellis.

Eclipse Resources says its activities constituted «re-mining» and should not be subject to the state government's landfill levy.

At the time of the American revolution, to form a corporation required a charter from the government, Jonathan Levy, a professor of history at the University of Chicago, told me.

In February, the B.C. government unveiled additional measures in its budget to tackle the housing market, including raising its foreign buyers tax and expanding it to areas outside of Vancouver, while bringing in a new levy on speculators.

Now that local governments face an affordable housing crisis with little federal assistance, fees are being levied to support affordable housing, too.

On Tuesday, the U.S. Department of Commerce levied a hefty preliminary tariff of 266 % on Chinese cold - rolled steel, saying that importers had unfairly lowered prices to gain market share with the help of government subsidies.

In December, the government found that China, India, Italy and South Korea had dumped corrosion - resistant steel in the U.S. and levied taxes of 256 percent on imports from China.

This federal tax expenditure encourages state and local governments to levy higher taxes (and, presumably, provide more services) than they otherwise would.

When the federal government mandates the levy rises to $ 40 per tonne in 2021 (up from $ 30 in Alberta currently), the NDP would stuff the extra funds into general revenue.

In Canada we have a blanket 5 % sales tax paid to the federal government plus whatever each province chooses to levy.

It's easier for them simply to swap their junk mortgages to the Treasury or Federal Reserve for full - value U.S. Treasury bonds, and make the government take the loss — and presumably levy taxes to cover the interest charges on the augmented debt!

The country's new government plans to slash corporate taxes and cancel a levy on dividends paid overseas.

There can be no doubt left that the Canadian government has taken seriously the criticisms levied against it by the OECD for not actively enforcing the CFPOA, and now intends to improve its international reputation by actively combating foreign bribery and corrupt activities of Canadian nationals and corporations.

Within the last five years, in addition to delegating to the RCMP the enforcement function for the CFPOA, the Canadian government has successfully levied fines against Niko Resources (in 2011 — $ 9.5 million fine plus three years probation) and Griffith Energy (in 2013 — $ 10.5 million fine).

China's government said on Sunday that it would immediately impose tariffs on 128 U.S. commodities it imports in retaliation for U.S. President Donald Trump's levies on steel and aluminum.

The CPI inflation rate would already be a bit over 2 per cent apart from the Government's reduction in the Health Rebate Levy.

Up 7.75 percent in the first six months, gold was supported largely by strong demand in India as consumers made their purchases ahead of the government's Goods and Services Tax (GST), in effect since July 1, which levies a 3 percent tax on gold.

Yet we do not have a clear measure of how the distribution of pre-tax income differs from the distribution of income after taxes are levied and after government spending is taken into account.

The Liberal government has defended its carbon - pricing plan, with an analysis that concludes the federal and provincial levies would reduce...

In the United States, most consumption taxes are levied by states and local governments (as retail sales taxes), although the federal government does levy some selective consumption taxes, called «excise taxes,» on items such as alcohol, tobacco products, and gasoline.

The point is that we (via government) levy taxes at specific points in this flow, and at specific rates, based on whether we want to encourage or discourage particular behaviours.

The government has also signalled that it may start taxing cryptocurrency transactions, which would put it in a small group of countries that levy tax on cryptocurrency - cash exchanges.