Sentences with phrase «jurisdiction over the tax»

Senate Finance Committee The Senate Finance Committee holds jurisdiction over tax policy (i.e., tax refundables — Earned Income Tax Credit and Child Tax Credit).

But this year the IRS placed a lien on his home to recover $ 50,000 owed in back taxes, discrediting the Democratic co-chairman of the legislature's Finance, Revenue and Bonding Committee, which has jurisdiction over taxes.

The committee has jurisdiction over the tax code, placing it at the center of the tax - reform process.

Not exact matches

Cameron's personal involvement in the story has ensured that the debate over the use of tax havens has generated more heat than light, with little distinction being made between the mere use of tax - neutral jurisdictions to manage international investment, which in itself is legitimate, and criminal tax evasion.

Ensnared in controversy in 2013 over use of licensing and supply agreements with Dutch and Swiss arms to move British profits to lower - tax jurisdictions

Because laws change over time and in different jurisdictions, it is imperative that you consult an attorney in your area regarding legal matters and an accountant regarding tax matters.

After being shamed by OECD over its tax policies, the Bahamas agreed to a number of tax information treaties and now sits on the OECD's «white list» of tax - compliant jurisdictions.

The Purchaser bears the sole responsibility to determine if the purchase of CTK with BTC, LTC, ETH or the potential appreciation or depreciation in the value of CTK over time has tax implications for the Purchaser in the Purchaser's home jurisdiction.

«A sharp, permanent increase in taxes on a small group of highly mobile taxpayers, who enjoy a great deal of discretion over the timing and nature of their income, will inevitably cause some of them to either shift income away from this jurisdiction, or earn less, or collect the income in forms that will not be taxed,» said E.J. McMahon on the fiscally conservative Manhattan Institute.

The property tax cuts will be extended for a second year in jurisdictions which comply with the tax cap and have put forward a plan to save 1 percent of their tax levy per year, over three years.

Schoenberger noted that among Mr. Miele's many local contributions and accomplishments was his long fight against MTA taxes and the Authority's jurisdiction over Rockland County, his help to form the Village of Montebello, as well as his work to speed up and cut costs on the long - delayed county courthouse construction.

Now, as best I understand, Texas doesn't have jurisdiction over the sale in Kansas, so they can't actually levy sales tax on it.

They do have jurisdiction over registration, so they choose to levy a use tax which is equal to, but is not, a sales tax.

If the price of both carbon - burning extraction businesses and non-carbon emitting solar farms and wind farms were both fair before a carbon tax was introduced in any given jurisdiction, what would happen to the profitability of each as that tax came into effect (and was ramped up over time)?

Pietrobono and fellow Occupy member Noah Fischer contend that art has been completely taken over by monetary interests: corporations that engage in «brandwashing» (supporting the arts as a PR play), controversial figures like David Koch using art philanthropy as a way of deflecting from his politics, and unsavory practices such as free ports (storage areas outside national jurisdictions that make it possible to buy and sell art without being taxed).

Over 180 countries now impose a tax on tobacco, 60 jurisdictions tax carbon and at least 25 tax sugar for health and environmental reasons.

The husband argued he had diplomatic immunity (he was exempt from certain laws and taxes granted to diplomats by the state in which they are working) and the English court therefore had no jurisdiction over him.

The first law provided Mexico's tax court with the exclusive jurisdiction over claims relating to public contracts (which the dispute in the arbitration arose under) and moreover, retroactively changed the statute of limitations to make a claim under public contracts from 10 years to 45 days.

«Apart from the use of the bearer share corporations it is difficult to see how the current furore gives rise to any particular reporting or due diligence obligations over and above those that already existed or are appropriate and other similar offshore low tax jurisdictions such as those regulated under UK supervision.»

The group will determine which agencies will have jurisdiction over the domestic crypto market and create a system for collecting income taxes traced to cryptocurrency trades.