Sentences with phrase «in lost tax»

«Indiana is losing millions of dollars in lost tax revenue each year.

The coverage talks about the billions it will «cost» the government in lost tax revenue.

As MoneySense reported last week, the Broadbent Institute report (entitled Double Trouble) authored by Jonathan Rhys Kesselman found that by the time the existing TFSA framework matures in 40 or 50 years, it will cost Ottawa as much as $ 15.5 billion annually in lost tax revenue and over the same time would «cost» the provinces another $ 9 billion.

So far, the media coverage of the report, as well as the Parliamentary Budget Officers's report on TFSAs also released Tuesday, has focused on about the billions it will «cost» the government in lost tax revenue.

OTTAWA — A new study says the Conservative government's plans to double contribution limits for tax - free savings accounts would cost billions in lost tax revenue and primarily line the pockets of wealthy Canadians.

A recent UCLA report found that nationwide, suspensions lead to dropouts, costing more than $ 46 billion in lost tax revenue and other social costs.

And although charters enroll only 5 percent of America's K - 12 students, to the cash - strapped, high - poverty urban districts that have been targeted for charter expansions, that number represents a shift of roughly $ 38.7 billion per year in lost tax dollars and mass closings of neighborhood schools.

But finding a way to offset the estimated $ 100 billion to $ 150 billion in lost tax revenue won't be easy.

Meanwhile, International Trade Secretary Liam Fox is reportedly preparing to come out against the «customs partnership,» suggesting that it could cost billions in lost tax revenue.

A clear alternative, that does not involve throwing tens of thousands of public sector workers onto the dole — a move that would cost more than ten billion in lost tax revenue and increased state benefit payments.

Figures I commissioned from the House of Commons Library suggest that this could be costing us # 4.7 billion pounds a year in lost tax and national insurance revenue, and extra benefits and tax credits including 1.8 billion pounds a year on Housing Benefit alone.

Attorney General Eric Schneiderman and New York City Corporation Counsel Zachary Carter are seeking $ 180 million from Atlanta - based UPS, saying the cheap cigarettes increased smoking by New Yorkers while also costing $ 29.7 million in lost tax revenue.

CICU's report estimated enrollment losses at more than 100 private colleges and universities statewide would total 54,079 students and result in $ 224 million in lost tax revenues due to job losses at the institutions.

In Western New York, private institution enrollment could drop by 2,749 students, resulting in 1,377 job losses and $ 3.8 million in lost tax revenue.

The Pension Corporation has estimated that the current regulations have cost the government # 37 - billion in lost tax revenues to date, and that without change it could be as much as # 10 - billion a year in future.

Last summer the Tax Foundation, a think - tank sympathetic to Republican priorities, estimated that a 15 % rate on pass - through income would cost $ 1.5 trn in lost tax revenue over a decade.

While it's possible that the resulting economic development would make up for those losses, even 50,000 well - paying jobs might not make up for billions in lost tax revenue.

The Organization for Economic Cooperation and Development estimated that these kinds of profit - shifting practices amounted to about US$ 100 billion - US$ 240 billion in lost tax revenue each year, equivalent to up to 10 per cent of global corporate income tax revenue.

The Obama Administration is considering ways to close corporate tax loopholes and reclaim billions upon billions of dollars in lost taxes for the Treasury Department.

The trade also costs the city about $ 1 billion in lost taxes each year, she added.

Of the $ 1.3 billion the 2015 TFSA currently costs in lost taxes, 51 % goes towards people earning anywhere from $ 32,175 to $ 72,300 per year, according to the PBO.

The total of # 11 billion in lost taxes would have paid for more than a million nurses in a country where universal healthcare is some way off — or educated more than 17 million primary school children for a year.

Not exact matches

Excluding the benefits of U.S. tax reform, Exxon's upstream business in the United States lost $ 60 million.

For fear of losing business, some lawyers are wary of referring clients to other attorneys, even if they have expertise in a particular area, such as tax law.

You can't make money running a showroom, and as brick and mortar stores close, jobs and tax revenue are getting lost — and even Amazon customers are losing something, in the form of a convenient place to check out products.

In fact, collectively, more than $ 142 billion was lost by gamblers in 2014 alone, according to a report by Blackjack.org, based on the most recent tax tables available from the IRIn fact, collectively, more than $ 142 billion was lost by gamblers in 2014 alone, according to a report by Blackjack.org, based on the most recent tax tables available from the IRin 2014 alone, according to a report by Blackjack.org, based on the most recent tax tables available from the IRS.

Though most states theoretically require consumers to track and pay sales tax on purchases even if the tax isn't collected by the vendor, that rule has gone largely unenforced, leading to billions in lost revenue for cities and states.

Fat taxes, thin returns: One study suggests a consumer would have to pay $ 1,500 in taxes to lose just one pound

To offset lost education taxes during a decade in which children of gigafactory workers are certain to boost enrollment, Tesla agreed to donate $ 37.5 million to local public schools starting in 2018.

Trump said Wednesday that it was «important» to vote on the tax bill next week, but not only because the GOP lost a seat in Alabama.

Ride - hailing giant Uber Technologies lost at least $ 1.27 billion before interest, taxes, depreciation and amortization in the first six months of 2016, Bloomberg reported on Thursday, citing people familiar with the matter.

According to the Times, a BlackRock report «has calculated that if the financial transaction tax were set at 0.1 % per trade, an investor putting $ 10,000 in its global equity fund would lose more than $ 2,300 in expected returns over a 10 - year period.

Airlines lose $ 586 million, governments are down about $ 150 million in taxes and fees and lost revenue from hotels, parking, taxis, limos and airport purchases are conservatively about $ 90 million.

In the last quarter of 2016 Uber lost $ 991 million before interest, taxes and stock - based compensation.

That increase would help offset the $ 1.4 trillion in revenue that would be lost from cutting the corporate tax rate, another part of both the Senate and House plans.

In addition, the OECD estimates about 10 % of Greek GDP is lost to evasion — particularly rife in construction and tourism — much of it through aggressive use of offshore tax havenIn addition, the OECD estimates about 10 % of Greek GDP is lost to evasion — particularly rife in construction and tourism — much of it through aggressive use of offshore tax havenin construction and tourism — much of it through aggressive use of offshore tax havens.

It may be that losing some of the entertainment - related expense deductions will be offset by reduced tax rates in case of corporations and the new 20 percent qualified business income deduction for pass - through entities.

«if the financial transaction tax were set at 0.1 percent per trade, an investor putting $ 10,000 in its global equity fund would lose more than $ 2,300 in expected returns over a 10 - year period.

I want to turn to DACA and its impact on the economy because this week, some 400 business leaders sent the president a letter saying if the 780,000 DREAMers who now work are put at risk of deportation, the economy will lose $ 460 billion plus $ 24.6 billion in Social Security and Medicare taxes.

They found the federal treasury lost at least half a billion dollars in tax revenue that would have been paid had individuals not been able to funnel their personal income through corporations.

In mid-January, a marketing research firm indicated that New Jersey lost approximately 10,000 millionaire households and speculated that the state's high tax rate for top earners may have led to the exodus.

Families must factor in the cost of care they will use, as well as the costs incurred while working — commuting costs, for example — and the additional taxes they will pay and benefits they may lose.

But even in that case, the costs of the tax are not measured by the number of jobs lost; they are measured by the loss in welfare created by the cost of the loss in output minus the benefits of working less.

In addition, renters may lose the incentive to buy a home in high - cost areas if they can't use the mortgage interest deduction or the ability to deduct some of those other housing - related costs from their taxeIn addition, renters may lose the incentive to buy a home in high - cost areas if they can't use the mortgage interest deduction or the ability to deduct some of those other housing - related costs from their taxein high - cost areas if they can't use the mortgage interest deduction or the ability to deduct some of those other housing - related costs from their taxes.

«GDXJ has intermittently been in jeopardy of losing its preferential tax treatment (as a regulated investment company) since last September because its portfolio often doesn't comply with the diversification requirements of the U.S. Internal Revenue Code,» noted Scotiabank.

In the short term, states would likely lose some tax revenue by creating a State GRA because contributions would be tax - deductible and State GRAs would likely entice some workers to save earnings that would have otherwise been taxed.

Provoked by a comment by Spady that «any taxes that causes Safeway to lose jobs is a bad one,» Sawant responded with a prepared talking point that Safeway is owned by Albertson's, which has $ 59 billion in annual revenues.

In addition to the aforementioned reasons (to finance governmental spending and make up for lost tax revenue), the Treasury has wanted to hold a more robust cash - balance position as a matter of prudent policy in order to protect against a potential interruption in market accesIn addition to the aforementioned reasons (to finance governmental spending and make up for lost tax revenue), the Treasury has wanted to hold a more robust cash - balance position as a matter of prudent policy in order to protect against a potential interruption in market accesin order to protect against a potential interruption in market accesin market access.

The taxes could be expensive, and there is the question of lost time in the market.

This structure has been used in order to give clients maximum tax benefits: fees paid in this manner are deductable from income, whereas if paid via the fund, more favourable dividend and capital gain income would be lost to the client.