Sentences with phrase «in award taxes»

The first $ 250 in award taxes, fuel surcharges, airfare, or airline fees per calendar year are refunded to you as a statement credit.

Not exact matches

Cleveland has also benefited from a new government program that has awarded more than $ 160 million in tax credits to the city's development projects, leveraging almost $ 1.5 billion in redevelopment, according to CBRE, a commercial real estate services company.

The USOC will award him $ 37,500 (tax free, thanks to Sen. Chuck Schumer) for his win in the men's halfpipe event.

Ordinarily, cash payments made in lieu of unvested stock awards would trigger an immediate income - tax liability for the recipient.

The company says the campus will bring 50,000 jobs over the next two decades, and most of the 20 finalist cities have said they are offering economic incentives to lure the tech giant — for example, New Jersey has said it wants to award Amazon $ 7 billion in tax breaks if it chooses the Newark area.

When shares of Capital Stock are to be issued upon the exercise, grant or vesting of an Incentive Award, Google shall have the authority to withhold a number of such shares having a Fair Market Value at the date of the applicable taxable event determined by the Committee to be sufficient to satisfy the minimum federal, state and local withholding tax requirements, if any, attributable to such exercise, grant or vesting but not greater than the minimum withholding obligations, as determined by Google in its sole discretion.

Tax credits are only awarded in certain circumstances, however.

In connection with awards under the LTICP, the Company may withhold from any cash otherwise payable to a participant or require a participant to remit to the Company an amount sufficient to satisfy federal, state, local and foreign withholding taxes.

To the extent that in 2018 or any later year, the aggregate amount of any covered officer's salary, bonus, and amount realized from option exercises and vesting of restricted stock units or other equity awards, and certain other compensation amounts that are recognized as taxable income by the officer exceeds $ 1,000,000 in any year, we will not be entitled to a U.S. federal income tax deduction for the amount over $ 1,000,000 in that year.

Under the Bonus Plan, our compensation committee, in its sole discretion, determines the performance goals applicable to awards, which goals may include, without limitation: attainment of research and development milestones, sales bookings, business divestitures and acquisitions, cash flow, cash position, earnings (which may include any calculation of earnings, including but not limited to earnings before interest and taxes, earnings before taxes, earnings before interest, taxes, depreciation and amortization and net earnings), earnings per share, net income, net profit, net sales, operating cash flow, operating expenses, operating income, operating margin, overhead or other expense reduction, product defect measures, product release timelines, productivity, profit, return on assets, return on capital, return on equity, return on investment, return on sales, revenue, revenue growth, sales results, sales growth, stock price, time to market, total stockholder return, working capital, and individual objectives such as MBOs, peer reviews, or other subjective or objective criteria.

on a pro forma basis, giving effect to (i) the automatic conversion of all of our outstanding shares of convertible preferred stock other than Series FP preferred stock into shares of Class B common stock and the conversion of Series FP preferred stock into shares of Class C common stock in connection with our initial public offering, (ii) stock - based compensation expense of approximately $ 1.1 billion associated with outstanding RSUs subject to a performance condition for which the service - based vesting condition was satisfied as of December 31, 2016 and which we will recognize on the effectiveness of our registration statement in connection with a qualifying initial public offering, as further described in Note 1 to our consolidated financial statements included elsewhere in this prospectus, (iii) the increase in accrued expenses and other current liabilities and an equivalent decrease in additional paid - in capital of $ 187.2 million in connection with the withholding tax obligations, based on $ 16.33 per share, which is the fair value of our common stock as of December 31, 2016, as we intend to issue shares of Class A common stock and Class B common stock on a net basis to satisfy the associated withholding tax obligations, (iv) the net issuance of 7.6 million shares of Class A common stock and 5.5 million shares of Class B common stock that will vest and be issued from the settlement of such RSUs, (v) the issuance of the CEO award, as described below, and (vi) the filing and effectiveness of our amended and restated certificate of incorporation which will be in effect on the completion of this offering.

in the case of our directors, officers, and security holders, (i) the receipt by the locked - up party from us of shares of Class A common stock or Class B common stock upon (A) the exercise or settlement of stock options or RSUs granted under a stock incentive plan or other equity award plan described in this prospectus or (B) the exercise of warrants outstanding and which are described in this prospectus, or (ii) the transfer of shares of Class A common stock, Class B common stock, or any securities convertible into Class A common stock or Class B common stock upon a vesting or settlement event of our securities or upon the exercise of options or warrants to purchase our securities on a «cashless» or «net exercise» basis to the extent permitted by the instruments representing such options or warrants (and any transfer to us necessary to generate such amount of cash needed for the payment of taxes, including estimated taxes, due as a result of such vesting or exercise whether by means of a «net settlement» or otherwise) so long as such «cashless exercise» or «net exercise» is effected solely by the surrender of outstanding stock options or warrants (or the Class A common stock or Class B common stock issuable upon the exercise thereof) to us and our cancellation of all or a portion thereof to pay the exercise price or withholding tax and remittance obligations, provided that in the case of (i), the shares received upon such exercise or settlement are subject to the restrictions set forth above, and provided further that in the case of (ii), any filings under Section 16 (a) of the Exchange Act, or any other public filing or disclosure of such transfer by or on behalf of the locked - up party, shall clearly indicate in the footnotes thereto that such transfer of shares or securities was solely to us pursuant to the circumstances described in this bullet point;

As a result of changes to the tax laws, we expect that equity awards granted or other compensation provided under arrangements entered into or materially modified on or after November 2, 2017 generally will not be deductible to the extent they result in compensation to certain of our named executive officers for or after 2017 that exceeds $ 1 million in any one year for any such officer.

The pro forma consolidated balance sheet data gives effect to (i) the automatic conversion of all of our outstanding shares of convertible preferred stock other than Series FP preferred stock into shares of Class B common stock and the conversion of Series FP preferred stock into shares of Class C common stock in connection with our initial public offering, (ii) stock - based compensation expense of approximately $ 1.1 billion associated with outstanding RSUs subject to a performance condition for which the service - based vesting condition was satisfied as of December 31, 2016 and which we will recognize on the effectiveness of our registration statement in connection with this offering, as further described in Note 1 to our consolidated financial statements included elsewhere in this prospectus, (iii) the increase in accrued expenses and other current liabilities and an equivalent decrease in additional paid - in capital of $ 187.2 million in connection with the withholding tax obligations, based on $ 16.33 per share, which is the fair value of our common stock as of December 31, 2016, as we intend to issue shares of Class A common stock and Class B common stock on a net basis to satisfy the associated withholding tax obligations, (iv) the net issuance of 7.6 million shares of Class A common stock and 5.5 million shares of Class B common stock that will vest and be issued from the settlement of such RSUs, (v) the issuance of the CEO award, as described below, and (vi) the filing and effectiveness of our amended and restated certificate of incorporation which will be in effect on the completion of this offering.

The 2016 Plan has been designed to permit the administrator to grant certain awards in its discretion that qualify as performance - based for purposes of satisfying the conditions of Section 162 (m), thereby permitting us to receive a federal income tax deduction in connection with such awards.

Conversely, absent the tax payment, the number of shares received in each award would be larger by an amount equal in value to the forgone tax payment, thereby having a dilutive effect on our shareowners» equity interest in FedEx.

FedEx determines the total target value of the award and provides that value in two components: restricted shares and cash payment of taxes due.

Adjusted EBITDA is defined as net income / (loss) from continuing operations before interest expense, other expense / (income), net, provision for / (benefit from) income taxes; in addition to these adjustments, the Company excludes, when they occur, the impacts of depreciation and amortization (excluding integration and restructuring expenses)(including amortization of postretirement benefit plans prior service credits), integration and restructuring expenses, merger costs, unrealized losses / (gains) on commodity hedges, impairment losses, losses / (gains) on the sale of a business, nonmonetary currency devaluation (e.g., remeasurement gains and losses), and equity award compensation expense (excluding integration and restructuring expenses).

After a massive U.S. corporate tax cut put much more cash in corporate coffers, a few companies including Walmart, Bank of America BAC, -1.28 % and AT&T T, -0.37 % awarded small bonuses to employees as a way to share a bit of that wealth.

When granting restricted stock, FedEx first determines the total target value of the award and then approves the delivery of that value in two components: restricted shares and cash payment of taxes due.

Absent the tax payment, the number of shares received in each award would be larger by an amount equal in value to the forgone tax payment, thereby having a dilutive effect on our stockholders» equity interest in FedEx.

When granting restricted stock, the Compensation Committee first determines the total target value of the award and then approves the delivery of that value in two components: restricted shares and cash payment of taxes due.

Our Company's primary competitor in the United States, United Parcel Service, does not pay its officers» taxes on restricted stock awards.

This methodology prevents the need for an officer to make a disposition of FedEx stock to cover the tax consequences of a restricted stock award and dilute his or her interest in FedEx.

This new reality will certainly come to a shock to those gathering at Preston Manning «s institute on Oct. 22 to watch the Canadian Taxpayers Federation present former Alberta Treasurer Stockwell Day with a «TaxFighter Award» for his role in implementing Canada's first 10 percent flat - rate personal income tax in the late 1990s and early 2000s.

We accept no responsibility for any tax liabilities that may arise from your participation in the Awards.

Rhys Kesselman is Canada Research Chair in public finance with the School of Public Policy, Simon Fraser University, and author of an award - winning book on payroll taxes.

Joan Crain, senior director and global family wealth strategist at BNY Mellon Wealth Management, who won the Industry Thought Leader award, noted that many expat workers are surprised to find they owe taxes in the US as well as in their home countries — making them, as she calls it, «accidental Americans.»

Tucked into an epic leak of 13.4 million financial documents that exposed the offshore tax - evasion practices of politicians, billionaires, celebrities and blue - chip companies were details about a company Bono invested in called Nude Estates, which owned a stake in a shopping mall in eastern Lithuania, a country the Grammy Award - winning artist has reportedly never visited.

Includes 2,028,516 shares which were pledged in connection with loans used to fund tax and other obligations associated with vesting and delivery of equity incentive awards and purchases of Company shares.

The lunch special is offered between September 4th to September 7th only in the award winning Pinnacle Restaurant at Falkner Winery where you will be presented a special lunch for 2 for only $ 55 ($ 65 with wine option) plus tax and gratuity.

$ 140 per person inclusive of tax and service charge register here About Patrick: - Wine Director of Scampi Restaurant, Walnut Street Café, and the Renegade Wine Dinner - Chef Sommelier for Daniel Johnnes «La Paulée», Food & Wine host for Playboy - Founding member of Winemakers & Sommeliers for California Wildfire Relief - His cellars have been recipients of Wine Spectators «Grand Award»; Tribeca Grill, Veritas, GILT, and Pearl & Ash - Named «Sommelier of the Year 2014» by Food & Wine Magazine - «Wine Person of the Year 2014» by Imbibe Magazine - «Sommelier of the Year 2015» by Eater National - Featured in the New York Times, Food & Wine Magazine, Men's Journal, the New York Post, Martha Stewart, and Wine Spectator

The Illinois Department of Natural Resources awarded the district the grant in October of 2011 and the village had banked on paying its portion with a tax increase that was twice pushed unsuccessfully in 2012.

The Government's response to that report, published today, commits to carrying out a review of the remaining cases where Concentrix amended or terminated a tax credit award but where the claimant did not request a mandatory reconsideration (the first step in the appeals process).

There's been scandal - the suspension of MP Michelle Thomson over allegations about property deals, the award of a # 150,000 government grant to the organisers of the profitable T in the Park music festival after a meeting brokered by a former SNP adviser - and there's been political ineptitude, most notably when the nationalists were put on the back foot by a Labour pledge to use Holyrood's powers to overturn tax credit cuts.

A medical records technology firm, eHealth Technologies, has been awarded up to $ 2 million in state tax credits.

Individuals and businesses can receive a tax credit for up to 75 percent of their donations made to not - for - profit organizations that award scholarships to students in grades P - 12.

COMIDA awarded Ward's Natural Science, a supplier of educational science materials, tax incentives in 2008 to expand their warehouse in Henrietta.

The award, presented to the station by the Ghana Revenue Authority [GRA], is in recognition of its consistent discussions on tax issues which affected revenue mobilization for the year under review.

«We recommend that both HMRC and DWP urgently review their communication products to understand why claimants have not informed HMRC about the award of their child's disability benefit especially when it often leads to an increase in the amount of tax credits received.

The consolidation partnership that proposes and can implement the greatest permanent reduction in property taxes will receive a $ 20 million award.

A few months later, in October, J - P Group wrote a $ 2,000 check to the campaign of Gov. George Pataki, the man whose appointees ran the ESDC that awarded the tax break.

While they may disagree on many policy issues Miner and DeFrancisco agreed on the need to invest in aging infrastructure such as pipes and roads and faulted Cuomo's efforts to boost the upstate economy, which include tax breaks for start - up companies and competitive regional economic development awards.

Medical Malpractice Lawsuit Limitation — Vote Passed (218 - 210, 6 Not Voting) The House passed a bill that would limit to $ 250,000 the non-economic damages that can be awarded in a medical malpractice lawsuit in which the plaintiff's health care was paid for in whole or in part via a federal program, subsidy or tax benefit, and would establish a statute of limitations for initiating such lawsuits of either three years following the plaintiff's injury, or one year after the plaintiff discovers such injury, whichever occurs first.

HCR's investment in MACH includes: a Housing Trust Fund award of $ 2,332,189; Annual Low Income Housing Tax Credit of $ 849,052; Annual State Low Income Housing Credit of $ 333,511; and a $ 200,000 Urban Initiative grant.

The state is on track this year to award $ 800 million across all 10 regions, including up to $ 225 million in performance - based grants and tax credits from Empire State Development, and approximately $ 575 million from two dozen state agency programs.

· The statistics don't appear to take into account successful appeals by claimants against HMRC, resulting in the reinstatement of tax credit awards

Albany, N.Y. — Central New York is the top winner in the latest round of Gov. Andrew Cuomo's regional economic development council awards, garnering $ 86.4 million in state grants and tax credits for development projects.

In a statement, HCR spokeswoman Stephanie Davis noted the agency «has granted 180 awards over the last five years through its annual competitive funding application for tax credits and low interest loans, and these projects were given the same consideration as all the others.

Croce is being awarded $ 6 million in tax - exempt financing to convert the long - vacant Curtiss Building at Franklin and West Huron streets into a boutique hotel.