With no change
in economic position, there was no need to recognize or impose a tax on the transaction.
There is no change
in your economic position by transferring your primary residence into a LLC, You do not have a substantial purpose for entering into such transaction other than to simply avoid paying federal income taxes.
In the Court's view, the general principle of compensation (i.e. that damages for breach of contract should put the plaintiff
in the economic position that he or she would have been in had the defendant performed the contract) was not a full answer to the issue.
And basically, what I think Graham didn't understand, although he had inklings of it was that you could make money without assets if you were
in an economic position that kept out the competition.
Similarly, here, there will be little or no change
in the economic position of the fund, apart from tax, resulting from the scheme.
Not exact matches
But how to
position your portfolio for what comes next depends
in large part on your view of Trump's presidency — whether you think his administration will succeed
in implementing his
economic agenda or not.
«Ending DACA would place severe
economic strain on businesses around the country, putting them into the impossible and extremely costly
position of having to fire productive employees for no other reason than an arbitrary change
in federal policy, potentially resulting
in backlash from other employees, or their broader community,» the report reads.
Apart from fragile capital
positions and weak
economic growth, European banks will have to deal with crucial elections
in core member states: Germany, France, the Netherlands, and potentially
in Italy.
This puts the housing market
in a precarious
position: a large gap between prices and incomes, worsening affordability, and an indebted nation of homeowners less able to withstand
economic shocks.
«U.K. businesses risk missing out on global growth and also risk failing to
position for the future
in the U.K. if they continue to wait for the clouds surrounding the
economic outlook to clear,» Gregory said.
The EU has set out its draft guidelines for trade talks which warn that the U.K.'s current
position on Brexit will result
in «negative
economic consequences.»
«We have an extremely positive situation
in our economy right now... Being
in a very strong
economic position make us resilient to deal with challenges around the world.»
As Fortune reported
in early December, the latest data indicates that China's manufacturing sector is
in its strongest
position in some years, buttressing the country's
economic growth along the way.
As a vice presidential nominee during Senator Bob Dole's unsuccessful run for president
in 1996, Kemp had served
in a sub-cabinet
position under George H.W. Bush as chairman of the
Economic Empowerment Task Force.
He added that the step «leaves monetary policy
in a
position that is still highly supportive for jobs and
economic activity.»
Holly Sears Sullivan, 45, joined Amazon two years ago,
in April 2016, from an
economic - development
position in Montgomery County, Maryland.
Given the NDP's current
position in the polls and the importance of corporate tax increases
in its
economic platform, I don't think this story got as much attention as it should have.
When asked if the Federal Reserve's actions helped or hindered the
economic recovery, the governor took a liquidationist
position, arguing that the U.S. economy would be
in a better
position today if we had just let America's major banks fail.
Federal Reserve Chairman Jerome Powell is delivering his first
economic outlook speech since taking over the central bank's top
position in February.
«Notwithstanding the current
position of the new U.S. Administration on (TPP), we will continue to engage with our American colleagues to strengthen our bilateral trade and
economic relations, given the U.S.'s importance as our third - largest trading partner and a major source of investment,» Mustapa Mohamed said
in a statement.
It's unclear exactly what Trump's plans will be as he forms his trade and
economic teams
in the coming months, but his
positions on China and other trade deals offer some clues for what we should expect under his presidency.
«Larry Kudlow was offered, and accepted, the
position of Assistant to the President for
Economic Policy and Director of the National
Economic Council,» Sarah Huckabee Sanders, the White House Press Secretary, said
in a statement Wednesday.
In fact, MacDonald's latest portfolio might well be the most important position in the entire cabinet when it comes to Nova Scotia's economic surviva
In fact, MacDonald's latest portfolio might well be the most important
position in the entire cabinet when it comes to Nova Scotia's economic surviva
in the entire cabinet when it comes to Nova Scotia's
economic survival.
Goldman Sachs, on the other hand, had to confront the revolving door compensation issue this year when its president and chief operating officer Gary Cohn resigned to accept a
position as an
economic advisor
in the White House.
Job creation tumbled
in May, with the economy adding just 38,000
positions, casting doubt on hopes for a stronger
economic recovery as well as a Fed rate hike this summer.
Treasury chief George Osborne delivered the hard - line
position during a speech
in Edinburgh this month, gambling on the idea that the majority of Scots will dismiss the romantic appeal of independence and focus on more tangible
economic issues.
And despite lessons learned from the
economic crisis — where, arguably, too many extroverted risk - takers
in leadership
positions wrought financial ruin — and the value of having quiet leaders who, as Good to Great author Jim Collins puts it, «build not their own egos but the institutions they run,» a workplace stigma around introversion still exists.
Commentary: «Despite signals of slower
economic growth, we expect positive organic growth to continue the rest of this year and into 2012... These repositioning tailwinds, combined with our great
positions in good industries, execution track record, and disciplined playbook, will be keys to our continued outperformance.»
It can put you
in a
position where you sail through
economic maelstroms unscathed, losing no sleep.
Greater value can be found
in sectors
positioned to benefit from
economic growth, such as technology and financials.
During the past two decades, he has served
in a series of senior policy
positions in Washington, D.C., including the 71st Secretary of the Treasury for President Clinton, Director of the National
Economic Council for President Obama and Vice President of Development Economics and Chief Economist of the World Bank.
«These exciting new anchor tenants align directly with MaRS» mandate and will further Ontario's
position as a global leader
in life sciences, leading to tangible medical benefits for Ontarians while taking advantage of a massive
economic opportunity.»
Mr. Saud Al Nowais has spent the past 12 years
in public service starting as a research analyst and later promoted to a managerial
position at the Executive Affairs Authority of Abu Dhabi (EAA)
in the
Economic Department.
adverse
economic and market conditions, which can affect our business and liquidity
position in many ways, including by reducing the value or performance of the investments made by our investment funds and reducing the ability of our investment funds to raise or deploy capital;
If done right, Canadian mines would be well -
positioned to sell their products to an increasingly discerning clean energy marketplace, creating opportunities for
economic development and revitalization
in communities across Canada.
We cognicenti know that national debts are not of any great
economic consequence, but it's impossible to defend that
position in public debate.
That's how an
economic development official
in Tucson, Ariz., the governor of Delaware and the mayor of Detroit, respectively, are vying for
position in a crowded race to attract Amazon's second headquarters
in what one site selection consultant describes as a «once
in a generation opportunity.»
Prior to these
positions, Tiff occupied increasingly senior
positions in the Bank of Canada's Research Department (now Canadian
Economic Analysis) until his appointment as chief of that department
in January 2000.
We believe that AbraPlata is now well
positioned, and due to our recently oversubscribed Offering, well capitalized to take advantage of the converging factors of renewed interest by investors
in the mining sector and the positive changes
in Argentina at the start of a new
economic / political cycle.
Russia's
economic problems since 2014 have accelerated its weakening
position in the region.
In previous
positions, Mr. Christopher supplied international
economic perspectives for Wells Fargo predecessor A.G. Edwards, and advised institutional clients of Istanbul - based Global Securities on the oil - based economies of the Caucasus and Central Asia.
It explains why the president has named only one person who wasn't
in the administration
in 2009 to a top
economic position — Burwell, who served with (and impressed) every other member of Obama's
economic team
in the Clinton administration.
So while we are starting from a reasonable
economic base, a strong fiscal
position and a high quality of life, we can not be complacent, because we are losing ground
in an increasingly competitive world.
No matter the
economic outlook, financial institutions are
in a unique
position to provide key support and encouragement to small businesses.
Recognized as a «SBA Lender of the Year»
in 2015 by the Small Business Administration, BBVA Compass is proud to do our part to help small businesses overcome their current
economic challenges and
position themselves for future growth.
Assuming that the total amount of bad debt
in the banking system exceeds total bank capital — something which is almost certainly true — the conversion of debt which can not be serviced into an equity
position that is unlikely to generate much more (and
in an
economic downturn, which is when we are most concerned about the debt burden, we can assume that the decline
in value of these equity
positions will be highly correlated) leaves the net indebtedness of the banking system unchanged, and so the contingent liabilities of the government are unchanged even as reported debt
in the system declines.
More importantly, the government would still have a low and stable debt to GDP ratio and be
in an excellent
position to implement a longer - term sustainable
economic growth strategy.
And even if Canadian courts ultimately deem such probing too onerous within the rubric of «reasonableness» review, such details can provide fodder for public commentary that can undermine the government's
position in the court of public opinion (regarding the
economic case for increased oil sands production, for example, see University of Alberta Professor Andrew Leach's commentary here).
The «bull»
position is that China is
in very good shape and is more or less doing everything right, even though (the remaining bulls have been adding lately) its
economic growth must slow down a little.
In today's postindustrial economy this obligation takes the form of homeowners and employees spending their working lives paying off their mortgages and other personal debts in an attempt to improve or merely to maintain their economic positio
In today's postindustrial economy this obligation takes the form of homeowners and employees spending their working lives paying off their mortgages and other personal debts
in an attempt to improve or merely to maintain their economic positio
in an attempt to improve or merely to maintain their
economic position.