Sentences with phrase «legitimate income from»

«In fact, this profit statement reflects legitimate income from activities conducted before 2015, primarily a parting bonus for past work from the Ringier Collection in the amount of 1 million Swiss Francs.»

Mr. Silver, who is charged with obtaining illicit payments disguised as legitimate income from working as a lawyer, maintains his innocence and is scheduled to go on trial in November.

Mr. Silver was accused of disguising millions in bribes and kickbacks as legitimate income from law firms for whom he did no work.

He faces five federal charges including conspiracy and bribery and is accused of using his position to obtain millions of dollars in kickbacks masked as legitimate income from two law firms.

Silver, who has been speaker for 21 years, faces five federal charges including conspiracy and bribery and is accused of using his position to obtain millions of dollars in kickbacks masked as legitimate income from two law firms.

Silver was arrested on Jan. 22 for accepting nearly $ 4 million in bribes for over a decade and masking it as legitimate income from practicing law at personal injury firm Weitz & Luxenberg, federal prosecutors said.

Not exact matches

This would mean computing the income you generated through passive activity and making the necessary legitimate deductions from that figure.

Learn more about the various types of High Yield Safe Investments Return from Legitimate High Yield Investing to More High Yield Passive Income

The difference might seem only technical in income taxation, but it is more practical with regard to sales, excise and property taxation, where nonprofit organizations enjoy important insulation from governmental imposts and oversight by virtue of their not being a legitimate part of the tax base.

«In truth and in fact, Silver has obtained millions of dollars in outside income as a direct result of his corrupt use of his official position to obtain attorney referral fees for himself, including from clients with substantial business before the State, and not as a result of legitimate outside income Silver earned as a private lawyer,» the complaint reads.

Assembly Speaker Sheldon Silver used his office to mask millions of dollars in «bribes and kickbacks» as legitimate outside income from two private law firms over more than a decade, according to a bombshell 35 - page criminal complaint filed by U.S. Attorney Preet Bharara today.

Silver was convicted of receiving millions in kickbacks from companies with business before the state by masking the income as money earned from legitimate employment.

The once - powerful Democrat was indicted two weeks ago on charges that he received $ 4 million in kickbacks from law firms for doing political favors since 2002, disguising the income as legitimate income.

In this regard, he enjoined the citizenry to desist from promoting and tolerating corruption through their action of encouraging corrupt officials to live above their legitimate means by making requests of them that they can not meet within their legitimate income as public officials.

«In truth and fact, Silver has obtained millions of dollars in outside income as a direct result of his corrupt use of his official position to obtain attorney referral fees for himself, including from clients with substantial business before the state,» not the result of legitimate outside income, it is charged.

The government's case will focus on how prosecutors say Mr. Silver, who is no longer speaker but is still in the Assembly, carried out two secret schemes through which he collected nearly $ 4 million in illicit payments through two law firms, while maintaining the income came from legitimate legal work.

Mr. Silver, a Manhattan Democrat, held the powerful post for two decades and was found guilty of fraud, extortion and other charges stemming from schemes through which he received nearly $ 4 million, masking such payments as legitimate outside income and referrals he earned for work as a lawyer.

Among other things, he unlawfully solicited and obtained client referrals worth millions of dollars in exchange for SILVER's official acts, and attempting to disguise this money as legitimate outside income earned from his work as a private lawyer.

A stinging 35 - page federal complaint said Silver pocketed the loot over more than a decade and that his claims that he had legitimate outside income from personal injury firm Weitz & Luxenberg was «materially false and misleading.»

Silver was arrested Thursday and accused of receiving a total of $ 6 million in bribes and kickbacks from two law firms masked as legitimate income, prosecutors said.

Mr. Bharara has alleged that what Mr. Silver presented as legitimate outside income from law firms was actually millions of dollars of kickbacks and bribes gained through his official position in Albany.

Illegal copying of software is theft of the software authors» and publishers» legitimate right to produce income from their efforts.

While e-commerce could pose a legitimate long - term threat to many retailers, 20 % of Realty Income's total portfolio rent is from non-retail tenants.

First, you can deduct «cost of goods sold» (COGS) directly from hobby income — if you have legitimate COGS and you can properly account for it.

You can deduct your expenses from your income before taxes to have a lower taxed amount, but you must provide legitimate proof of all your expenses, as you are eligible to be audited.

Content filters penalize emails for using common «spam» phrases such as «work from home» or «guaranteed income», but may also assign points for such innocuous phrases as «free» or «click here,» and thereby cause otherwise legitimate emails to be blocked.

«So in the simplest terms, if you have real estate, you're going to buy a piece of property with the illegal funds, hang on to it — or have rental income from it, so that rental income is legitimate — and eventually when you sell the real estate, you get your proceeds out of it and by all accounts it appears to be a legitimate transaction.»