Sentences with phrase «in years of payments»

Excess TFSA value beyond the market value at the time of your brother's death would be considered a «Tax - Free Savings Account taxable amount» and reported on a T4A slip to be issued to your sister - in - law and taxable on her tax return in the year of payment.

You get tax benefit under Section 80C in the year of payment only.

So, even though you have paid premium for 30 years at one go, you will get tax benefit only in the year of payment.

Not exact matches

Manafort's ties to Russia came under scrutiny in August of last year, when The New York Times discovered that a pro-Russian political party in Ukraine designated him $ 12.7 million in undisclosed cash payments.

To start, he needed both people and funds — futuristic home doodads don't invent themselves — so he secured $ 12.5 million in subordinated debt financing from the Business Development Bank of Canada and Quebec's Fonds de solidarité FTQ, with flexible five - year payment terms (the latter a reward for years of solid financial management).

He has more than 30 years in the payments and technology space and has worked with organizations of all sizes from around the world.

A Silicon Valley darling, Square has raised nearly $ 350 million since its founding in 2009, building a massive empire of payments that now process some $ 6 billion every year.

Mobile payment accounted for approximately 56 % of Company sales in the first quarter of 2018, as compared to 31 % in the prior year period.

«Blockchain» became the buzz word in financial technology this year, with everyone from banking and financial institutions (like Goldman Sachs and the New York Stock Exchange) to payment processors (Mastercard, Visa, and American Express) extolling its potential and publicly announcing interest in it, often in the form of startup investments.

Rovinescu reportedly saw his wages increase to $ 4.6 million last year from $ 2.6 million in 2009, while also collecting a one - time retention payment of $ 5 million in 2012.

Chip cards and EMV technology have received a lot of attention in payments news this year.

The $ 5.2 - billion deal is comprised of annual payments, starting at just over $ 300 million next year then increasing gradually to more than $ 500 million in the final year.

PDVSA has this year bought 19,000 bpd of U.S. crude arriving in Curacao, down from 30,000 bpd imported last year because of payment delays, according to data from the U.S. Energy Information Administration (EIA).

• About 16 per cent of mortgage holders increased their mortgages payments in 2016 and 18 per cent made an additional lump sum payment in the last year.

Because Samsung Pay will be compatible with most existing magnetic stripe terminals as well as NFC terminals (as a result of its acquisition of LoopPay), it is going to drive significant payment volume, particularly in the next 5 years.

With no plans to accept Apple Pay, and no set launch date for MCX, it appears Walmart could wait no longer without risking missing out on a major shift in customer behavior: Forrester Research has forecast that mobile payments by U.S. consumers will go from $ 52 billion last year to $ 142 billion by the end of 2019.

Before Dan Price caused a media firestorm by establishing a $ 70,000 minimum wage at his Seattle company, Gravity Payments... before Hollywood agents, reality - show producers, and book publishers began throwing elbows for a piece of the hip, 31 - year - old entrepreneur with the shoulder - length hair and Brad Pitt looks... before Rush Limbaugh called him a socialist and Harvard Business School professors asked to study his radical experiment in paying workers... an entry - level Gravity employee named Jason Haley got really pissed off at him.

The Starbucks mobile payment app, the most successful payment app thus far, had 16 million users as of Q1 2015, and has grown to account for 18 % of transactions in US company - operated stores in just four years.

Forrester Research has forecast that in - person mobile payments by U.S. consumers will go from $ 3.7 billion last year to $ 34 billion by the end of 2019.

Rdio went bankrupt last year in large part because it couldn't afford to make the licensing payments the record industry requires of streaming services.

Other matching fund offers flooded in from techies, including Patrick Collison, chief executive of online payment company Stripe, and Nat Friedman, co-founder and chief executive of Xamarin, the software development company acquired last year by Microsoft (msft).

What's more, in the first years of ownership, your mortgage payments are going primarily to paying interest on the loan.

Residential rent payments total add up to over $ 50 billion a year in Canada alone, according to Patrick Postrehovsky, with much of that sum still paid out via cheque and cash.

Zipmark closed a total of $ 2 million in funding in late 2011, but it was doled out across two years via three payments after certain milestones were met: establishing a working system, then a beta version and, finally, exiting beta - testing.

She is responsible for operations in all countries outside of the United States — generating 61 % of the global payments technology company's total net revenue of $ 9.5 billion last year.

«We expect this combination to drive cash levels near $ 7.5 bn by the end of the fiscal year, which is roughly in - line with the level achieved when the 2015 payment was made.»

Even if you have to put aside saving for a a couple of months or even a year, it's totally worth it in the end since you can now put that monthly payment towards your retirement savings and not an outrageous interest rate.

The shift has squeezed margins in recent years because the cloud business model is based on subscriptions which take longer to pay off — in contrast to one - off, up - front software license payments that was the thrust of its business for decades.

To qualify, you'll still need to have a loan from the Direct program, have had made all of your payments in full and on time, and have worked 10 years in a public service job with a qualifying employer.

Perth - based financial services group Pioneer Credit has delivered full - year profit of $ 4.6 million in its first year as a publicly - listed company on the back of strong gains in customer payments.

U.S. consumer spending barely rose in February amid delays in the payment of income tax refunds, but the biggest annual jump in inflation in nearly five years supported expectations of further interest rate hikes this year.

Lack of planning can lead to plenty of financial struggles, from late payments and credit problems to extra months (even years) in debt.

In Ontario, mortgage payments account for roughly 60 per cent of income, according to BMO; if the trend continues another 24 months, that figure will hit 1989 levels — the same year the market crashed.

In February, Reuters reported that a surge in violence against Uber drivers in Brazil last year was forcing executives to rethink the use of cash payments and admit they had underestimated security risks herIn February, Reuters reported that a surge in violence against Uber drivers in Brazil last year was forcing executives to rethink the use of cash payments and admit they had underestimated security risks herin violence against Uber drivers in Brazil last year was forcing executives to rethink the use of cash payments and admit they had underestimated security risks herin Brazil last year was forcing executives to rethink the use of cash payments and admit they had underestimated security risks here.

The PSLF, established by President George W. Bush in 2007, allows student loan borrowers who pursue government or non-profit public service jobs to wipe out their remaining debt after 10 years of on - time payments.

They were debt - free, and after years of hard work, frugal living, and the sale of a previous home Tuttle had owned in England, they had a down payment ready.

Depending on how much you owe the IRS at the end of 2018, you could be penalized for not paying enough in estimated tax payments during the year.

Two years ago it was spending hundreds of millions of dollars on venture capital investments in food delivery, group buying, and house cleaning — not to bet on the next big thing, but to add users for its payment system.

As well, points out Jurock, the recreational and retirement property boom of a few years ago was «driven by Dad,» whose investing prowess during the stock market run - up put him in a position not only to buy that retirement dream home but to front the kids a down payment for their own place.

'» Last year, 10 % of households were in arrears on mortgage or rent payments, twice the number in 2008.

However, you can elect to report the full gain in the year of sale, even though payments won't be received until later.

Walmart first partnered with JD.com two years ago as both companies struggled to overcome the retail dominance of Alibaba, and Walmart last week announced that it would drop Alibaba's Alipay services in stores in favour of Tencent's WeChat payments.

Last year, Taylor says, Englewood had only one subcontractor fail, and it caught wind of the problem in time to stop payments to the company and find an alternate subcontractor that could finish the job on schedule.

Investors can participate in the potential of companies such as TIO Networks Corp. (TSXV: TNC), an expedited bill - payment processor, which recorded $ 36.5 million in revenues in 2011, an increase of almost 50 % over the previous year, and Verisante Technology Inc. (TSXV: VRS), a medical device company that commercializes cancer detection systems using a platform developed by the BC Cancer Agency.

What's «pricey» or «cheap» or «just right» in a world where many of us happily sign years of our lives away to payments that fund $ 700 - plus smartphones?

As another point of reference, the Starbucks app — the most successful mobile payments app in the US — currently accounts for about 1 in every 15 dollars spent in US - company operated stores three years after launch.

For the most part, China, which has owned around $ 1 trillion of U.S. bonds for several years, has held on to these assets, collecting billions in interest payments.

If you start with a «down payment» of $ 45,800 and contribute 15 percent of your monthly income every year for a «30 - year mortgage,» you'll have $ 728,000 in your money mansion (that's after taxes, with a conservative 7 percent yearly return).

According to National Public Radio, 65 percent of Americans will receive a one - time payment — be it from a pension, inheritance or lawsuit — that places them in the top 20 percent of earners for at least two straight years.

Borrowers start with a reduced monthly payment, which gradually increases after year two and four, settling into a higher standard monthly payment in year six for the duration of the loan.