Sentences with phrase «liability amount of»

It is essential that you select liability amount of insurance high enough to protect your assets.

If you purchase the minimum liability amount of coverage, other riders may not be covered under your plan.

BlueWater Express insured to a total liability amount of US$ 50,000.

Not exact matches

«It is not possible at this time to determine whether we will incur, or to reasonably estimate the amount of, any fines, penalties or further liabilities in connection with the investigation pursuant to which the subpoena was issued,» the filing said.

How financial advisors arrive at the appropriate amount of excess liability coverage will vary.

Make sure you have a considerable amount of capital set aside, especially because in a sole proprietorship you assume personal liability for all activities of that business.

However, you're also taking on an incredible amount of liability, so tread carefully into those murky waters.

Although Moody's predicts only 20 % to 25 % of Chinese SOE liabilities will need to be restructured, «the amount is still sizeable» it said.

Current liabilities include notes payable on lines of credit or other short - term loans, current maturities of long - term debt, accounts payable to trade creditors, accrued expenses and taxes (an accrual is an expense such as the payroll that is due to employees for hours worked but has not been paid), and amounts due to stockholders.

In addition, Gilead makes estimates and judgments that affect the reported amounts of assets, liabilities, revenues and expenses and related disclosures.

However, if the final estimate of the tax liabilities is lower than the initial estimate, the first $ 2 billion of that adjustment will instead be made by net reduction in the amount of the cash dividend to 21st Century Fox from the company to be spun off.

These shares are included in the net worth analysis and their value offset by a $ 624.3 million liability, the amount of borrowings against them, as disclosed in a March 2017 filing.

When you file your tax return, if the amount of taxes you owe (your tax liability) is less than the amount that was withheld from your paycheck during the course of the year, you will receive a refund for the difference.

Credits reduce tax liability dollar for dollar for the amount of credit.

The remaining amount, about $ 60 million, was for the main insolvency and forensics business with much of that amount effectively offset by liabilities including an ANZ loan worth about $ 20 million, landlord leasing contracts, employment entitlements and other ongoing liabilities.

Whether or not you get a tax refund depends on the amount of taxes you paid during the year (because they were withheld from your paycheck), your tax liability and whether or not you received any refundable tax credits.

«Total CEO realized compensation» for a given year is defined as (i) Mr. Musk's salary, cash bonuses, non-equity incentive plan compensation and all other compensation as reported in «Executive Compensation — Summary Compensation Table» below, plus (ii) with respect to any stock option exercised by Mr. Musk in such year in connection with which shares of stock were also sold other than to satisfy the resulting tax liability, if any, the difference between the market price of Tesla common stock at the time of exercise on the exercise date and the exercise price of the option, plus (iii) with respect to any restricted stock unit vested by Mr. Musk in such year in connection with which shares of stock were also sold other than automatic sales to satisfy the Company's withholding obligations related to the vesting of such restricted stock unit, if any, the market price of Tesla common stock at the time of vesting, plus (iv) any cash actually received by Mr. Musk in respect of any shares sold to cover tax liabilities as described in (ii) and (iii) above, following the payment of such amounts.

We always advise people to have enough liability protection to equal the total amount of assets they are currently holding or are likely to hold in the future.

First, by the end of 2014, following the large - scale asset purchase programs, the Federal Reserve balance sheet was funded by about $ 3.1 trillion in liabilities other than Federal Reserve notes, which were mostly in the form of reserves in excess of the amount banks were required to hold; in contrast, there were only $ 64 billion of non-Federal Reserve note liabilities in June 2007, of which only about $ 2 billion were excess reserves.

For this reason, the standard amount of liability protection in most insurance policies might not be adequate.

Such amount is required to be reported even if Mr. Musk does not actually receive any cash from such exercise or vesting, either because he does not also sell any shares or because he sells only a number of shares sufficient to cover the related tax liabilities resulting from the exercise or vesting.

Tax credits reduce the amount of tax liability you have in a given year.

In all three cases, Mr. Trump had passive investments in limited liability companies that had borrowed significant amounts of money.

The latest deal comes at a time of upheaval in the industry, with rival deepwater rig firm Seadrill (SDRL.OL) undergoing a restructuring of debt and liabilities amounting to some $ 14 billion, while newcomers such as Borr scoop up cheap assets.

Excess liability protection is usually in the form of combined single limits, which doesn't set aside a set amount for bodily injury or property damage that the standard auto policy does.

The amount of time it takes to turn current assets and current liabilities into cash is referred to as the working capital cycle.

Your amount realized will be measured by the sum of the cash or the fair market value of other property received plus your share under the partnership tax rules of our liabilities, if any.

Both AGI and MAGI are important in calculating the amount of tax credits and tax deductions that can help lower your tax liability.

These amounts directly affect the federal government's budgetary balance, as it has no ongoing liability with respect to any of the projects financed through this plan

As of September 30, 2014, this amount is also recorded as a long term liability in our consolidated balance sheet.

This is the set of reserve requirements to have a certain amount of capital to back deposit liabilities.

That means instead of deducting an amount from taxable income, Connecticut residents reduce their tax liability after it has been calculated.

If a non-US citizen wins a large prize, they will be responsible for some amount of tax, which in the end will probably be an amount similar to what a US citizen would pay, but there are so many possible variations with international tax codes that you'll need to consult with a local tax attorney if you need to know a precise amount of tax liability.

Specifically, the LCR specifies that, when a bank issues an unsecured wholesale liability of 30 days or less, it must hold between 25 and 100 percent of the amount in the form of either central bank reserves or sovereigns.

Liquidation Value - The amount for which the assets of the Company can be sold, minus the liabilities owed, e.g., the assets of a bakery include the cake mixers, ingredients, baking tins, etc..

We recognize a liability with a reduction to revenue for rebates or other incentives based on the estimated amount of rebates or credits that will be claimed by customers.

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.

The Company prepares its consolidated financial statements in conformity with generally accepted accounting principles in the United States of America («GAAP»), which requires it to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of sales and expenses during the reporting period.

The deduction reduces tax liability by the amount of the deduction times the filer's marginal tax rate, and is thus worth more to taxpayers in higher brackets.

The Company recognizes a liability and reduces revenue for rebates or other incentives based on the estimated amount of rebates or credits that will be claimed by customers.

The directors are also entitled to (i) have the Company purchase directors» and officers» liability insurance on their behalf in reasonable amounts, (ii) the benefits of indemnification to the fullest extent permitted by law and by the Articles of Incorporation, Bylaws and any indemnification agreements, and (iii) exculpation as provided by state law and the Articles of Incorporation.

Firstly, it calls for the immediate reduction of liabilities through the injection of new bitcoins and the purchase of coins at depressed prices on its own exchange, in what sources told CoinDesk amounted to a bailout of the embattled exchange.

The carrying amounts of the Company's financial assets and liabilities, including cash, accounts payable, and accrued liabilities approximate fair value because of the short maturity of these instruments.

The portion of the benefits associated with tax positions taken that exceeds the amount measured as described above is reflected as a liability for unrecognized tax benefits along with any associated interest and penalties that would be payable to the taxing authorities upon examination.

Upon closing of this offering, we will record $ million as an increase to the liabilities due to existing owners under certain of the TRAs, see «Notes to Unaudited Pro Forma Consolidated Balance Sheets,» and in the future we may record additional amounts as additional liabilities due to existing owners under the five TRAs, such amounts collectively representing our estimate of our requirement to pay approximately 85 % of the estimated realizable tax benefit resulting from (i) any existing tax attributes associated with interests in Desert Newco, LLC acquired in the Reorganization Transactions and the exchanges described above, the benefit of which is allocable to us as a result of the same, (ii) the increase in the tax basis of tangible and intangible assets of Desert Newco, LLC resulting from the exchanges as described above and (iii) certain other tax benefits related to entering into the TRAs, including tax benefits related to imputed interest and tax benefits attributable to payments under the

Tax credits generally may be used only to reduce positive tax liability, and are therefore limited to the amount of tax the individual otherwise would owe.

Considering that the entire (worldwide) cryptocurrency market cap is currently $ 258 billion, the $ 25 billion in possible U.S. capital gains tax liability is a relatively large amount of money.»

However, there are limits on the amount of liability VA can assume, which usually affects the amount of money an institution will lend you.

You see, back in those (relatively) halcyon days, the Fed got by with what now seems like a modest - sized balance sheet, the liabilities of which consisted mainly of circulating Federal Reserve notes, supplemented by Treasury and GSE deposit balances and by bank reserve balances only slightly greater than the small amounts needed to meet banks» legal reserve requirements.

Non-refundable tax credits reduce the amount of tax that you owe, however, they can not reduce your tax liability beyond zero.