Sentences with phrase «hefty taxes on»

Hefty taxes on carbon - based energy... would be a much better approach.

The firm offers an RRSP drawdown strategy that involves transferring RRSP assets to a tax - exempt insurance structure to alleviate hefty taxes on RRSPs.

I am then ordered to pay a hefty tax on my hiking boots and, in return, you promise not to hike in the outback.

The only qualification I'd make is that you need a fairly hefty tax on petrol, or the return of high oil prices, to induce the shift to electric vehicles you envisage.

Not exact matches

Markle can instead opt to renounce her U.S. citizenship, though the process will take time and come with a hefty fee and taxes on her assets.

Also, the government imposes a hefty ~ 40 % Federal death tax on wealth over $ 5.4 M per person.

Failure to take a required minimum distribution on time results in a hefty tax of 50 % on the withdrawn funds — something you definitely want to avoid.

In this example, we're assuming a 28 % federal ordinary income tax rate on $ 200,000, for a hefty bill of $ 56,000.

Equally, sitting on an income - free investment for 20 years will leave you with a hefty capital gains tax bill, although you can try to defuse it in the UK by using up your personal capital gains tax allowance every year.

The international solar community is in an uproar over a hefty import tax the U.S. Customs and Border Protection agency enacted in January on crystalline silicon photovoltaic cells.

As they entered free agency, the Thunder were staring at a hefty luxury - tax bill, a bloated cap sheet for years to come, and a superstar with one year left on his contract and no sidekick in sight.

The Chinese Football Association earlier this year imposed a 100 percent tax on the transfer fees of foreign imports, but Kaka would be available on a free transfer, albeit on hefty wages.

Sources close to the governor said they were confident the budget will include another plan to raise money for cash - strapped MTA by retaining a hefty portion of the new tax revenue generated when the city ups an assessment on properties in designated areas directly because of subway and rail service improvements in those areas.

Known as value capture, the Cuomo plan would send the money to the MTA by retaining a hefty portion of the new tax revenue generated when the city ups an assessment on properties in designated areas directly because of subway and rail service improvements in those areas.

Plans to bring the tony truck here are still in the planning stages, but a recent report has indicated that Mercedes - Benz is considering locations here to built a version of the pickup in order to avoid paying the hefty border tax imposed on imported trucks.

CO2 emissions are very high at 276g / km and equate to a hefty # 2,000 first - year tax bill (usually included in the on - the - road price).

Unfortunately a pretty hefty tax is added on top of the e-books (24 % for e-books while it's 10 % for regular books).

If you sold a fully depreciated property the week before you died, you could be looking at paying tax on a fairly hefty gain.

If you spend HSA funds on non-qualified medical expenses, you'll have to pay both income tax and a hefty 10 percent penalty on the amount.

And depending on your tax bracket, even the long term capital gains may present a hefty tax bill - Explorer Fund has distributed nearly $ 20 per share in long term capital gains over the past 2 years.

Under this scenario, if you consider «Date of possession» for holding period calculation then your capital gains fall under Short term capital gains and you have to pay taxes based on your income tax slab rate, which can be a hefty amount.

Again, there's no 10 percent penalty, but you'll have a hefty tax bill on the money if it's in a Traditional IRA.

Instead of owing any more money on your loans, you will now owe money to the IRS and the bill can be quite hefty depending on the tax bracket you are in.

Plus, on top of that hefty down payment and moving expenses, you'll need to cough up more money at the end of the process for closing costs, which include things such as fees and taxes and can run around 3 % of the value of the loan.

To avoid the hefty tax and penalties of late or insufficient RMD withdrawals, educate yourself and pay the projected tax bills on time.

The new tax is quite hefty, amounting to $ 150,000 on a $ 1 million property or $ 75,000 on a $ 500,000 condominium.

But the drawbacks are significant: If you can't repay, you'll owe a hefty penalty plus taxes on the unpaid balance, and you may be left struggling with more debt.

In this case, since your mother's cottage is no doubt worth much more now than it was when she bought it, you're looking at some hefty capital gains, and taxes must be paid on those gains before the property is transferred.

Just be aware that if a debt is forgiven, you could be sent a 1099 - C form from the hospital to claim on your taxes, which can result in a hefty tax bill.

We would love to see a hefty tax imposed on anyone in possession of a dog or cat that is not neutered or spayed.

Flying on Air Canada when redeeming Aeroplan miles will incur hefty taxes of $ 566.

In the article I commented on the hefty taxes and surcharges that are added to Aeroplan flight redemptions.

On top of this, you'll avoid leaving from the UK back to North America which would incur a hefty UK departure tax (more on this belowOn top of this, you'll avoid leaving from the UK back to North America which would incur a hefty UK departure tax (more on this belowon this below).

The only thing you'll need to keep in mind is that taxes can be very hefty on some of these awards depending on the airline and route.

EA largely blamed their Q3 losses on a hefty one - time tax charge, but it's clear the controversial launch of Star Wars Battlefront II didn't help matters.

Re # 43, A «collosal political jump forward» would be for the US to strip all subsidies from the fossil fuel industry, and to strip all subsidies from fossil - fuel intensive agricultural industry as well (over $ 35 billion a year), and to deliver those subsidies to solar, wind, and carbon - neutral agricultural industries — as well as instituting a hefty carbon tax on all fossil fuels, and agreeing to strict emissions caps, and mandating energy efficient technology in all areas.

Indeed a hefty carbon tax should be levied on Coca - cola amitil, Pepsico and other such companies..

My view, FWIW, is that it would be better to scrap the ETS and slap a hefty carbon tax on every smoking thing.

The effect this would have on both UK and EU companies, who are reportedly already struggling based on recent announcements from HMRC, was highlighted by Commons Treasury select committee chair Nicky Morgan, who pointed out the move would be a nightmare for businesses resulting in hefty cash flow implications as payments are moved forward long before tax can be recovered from HMRC.

The effect has been an increase in the tax payable on legal fees from five per cent to 13 per cent — a very hefty addition to your legal bill, particularly if you are an individual struggling to pay the fees in the first place!

Second - to - die, or survivorship, life insurance is offered by a handful of insurers and is typically geared toward affluent people concerned about the potential for hefty estate taxes on what they leave behind.

In Lee's estimation, many U.S. traders are liquidating their digital assets to pay off hefty capital gains taxes ahead of the tax - filing deadline, which falls on Apr. 17.

Real estate owners cashing in on rising property values often roll sale proceeds into 1031 tax - deferred exchanges of «like - kind» properties in order to avoid paying what can be a hefty capital gains tax bill.

Depending on the month you close and the month that the tax and insurance bills are due, it could add up to a hefty sum.

While limited partnerships whipped around the market, luring investors with soaring returns on investment and hefty tax writeoffs, real estate investment trusts (REIT) just went plod - plod - plodding along.