Sentences with phrase «lieu of tax on»

Accepted by the nation in lieu of tax on Freud's estate, this body of work includes emblematic works by one of our finest contemporary painters, including his 1962 scene of London's Leicester Square as a building site, rendered in high - impasto semi-abstract smears of red, orange, ochre and grey.

As Sheehan had requested, the state aid will be new money and not a «spin - up» of future payments in lieu of taxes on the Empire State Plaza, annual sums the state has been paying to Albany for decades.

Not exact matches

«Some states with high property taxes, like New Hampshire and Texas, rely heavily on property taxes in lieu of other major tax categories; others, like New Jersey and Illinois, impose high property taxes alongside high rates in the other major tax categories,» Walczak explains.

Jefferson, Washington, and the Congress chose to help the industry get back on its feet by what was essentially a tax cut (in lieu of tariffs paid for supplies coming from outside the U.S.) to the owners and workers of the cod fishery on the condition that the ship owners share the tax credits with all the workers.

Inheritance Taxes As Taxes In Lieu of Income Taxes Inheritance taxes aren't taxes on dead people who paid taxes on what they earned during Taxes As Taxes In Lieu of Income Taxes Inheritance taxes aren't taxes on dead people who paid taxes on what they earned during Taxes In Lieu of Income Taxes Inheritance taxes aren't taxes on dead people who paid taxes on what they earned during Taxes Inheritance taxes aren't taxes on dead people who paid taxes on what they earned during taxes aren't taxes on dead people who paid taxes on what they earned during taxes on dead people who paid taxes on what they earned during taxes on what they earned during life.

Because that $ 320 million was something the governor had promised you, in lieu of a tax, which is not built on a promise, but on laws.

«The major theme for everybody is taxes, and we have to focus on achieving better PILOT funding,» Santangelo said, referring to «payment in lieu of taxes,» a compensation for revenue lost due to tax exempt property.

Most «egregiously» — at least, according to Bronx Councilman Ritchie Torres, chairman of the Committee on Public Housing — the city assesses NYCHA a payment in lieu of property taxes on its buildings that exceeds $ 30 million each year.

Greg Helsmoortel served as town supervisor and was steamrolling through this privately owned proposed tax - payer funded rental project in spite of numerous pleas and petitions to withdraw the town's support as an advocate for state funding and the pilot (payment in lieu of taxes) which would place heavy burdens on Saugerties tax payers.

«Our understanding of a Pilot [Payment in Lieu of Taxes] is that it is a tool to encourage development in a community that is economically in need, where the particular project is desired and that will create jobs,» he wrote on behalf of the town board.

Wilmorite is seeking to pay 25 cents on the dollar each year for the next 25 years through a Payment in Lieu of Taxes (PILOT) from the Ulster County Industrial Development Agency (UCIDA).

Mr. Dunleavy, who has been critical of the proposed zone change in the past, said after the event that he supports the Family Community Life Center, but on the issue of the housing, he said the town needs to get payments in lieu of taxes from the church, because the town is losing $ 500,000 to $ 600,000 per year in tax revenue otherwise.

Cuomo did not mention a executive budget proposal to use payment - in - lieu - of - taxes agreements instead of market value to calculate taxes on land in the Adirondack Park and the Catskills, a proposal shift that has local officials and green groups seething.

While she was successful convincing the state to provide $ 12.5 million in new funding this year rather than the typical advance on a payment - in - lieu - of - taxes owed to Albany for the Empire State Plaza being off the tax rolls, it didn't come with the promise of future funding.

Payment in lieu of taxes from tax - exempt properties, like Empire State Plaza - Aerial view from the Alfred E. Smith State Office Building of the Empire State Plaza on June 28, 2016 in Albany, N.Y.

KINGSTON >> The Nevele Casino, Resort and Spa on Wednesday was granted the payment - in - lieu - of - taxes (PILOT) agreement developers were looking for but lost support from an Ulster County legislator who said she felt deceived over the request for tax breaks.

The capital city in recent years has depended on a series of «spin - ups,» or advances, on the payment - in - lieu - of - tax agreements it maintains with the state to close budget gaps.

Local governments and environmental groups have united to blast an executive state budget proposal to use payment - in - lieu - of - taxes agreements instead of market value to calculate taxes on the vast Forest Preserve holdings in the Adirondack Park and the Catskills.

The proposal calls for using payment - in - lieu - of - taxes (PILOT) agreements instead of market value to calculate taxes on land in the Adirondack Park and the Catskills.

A SUNY Poly affiliate already pays $ 500,000 a year to Albany in lieu of property taxes on its facilities at the city's western edge, which are worth billions and host private sector companies conducting research alongside academics.

Walsh, on the city's behalf, helped negotiate a 14 - year payment - in - lieu - of - tax agreement, also called a PILOT, with Riley's team, the developer said.

Perfit, a commercial real - estate broker, is being accused of conflict of interest in voting in favor of a half - million - dollar Pilot (payment in lieu of taxes) deal last week on the controversial project.

After more than six months of on - again, off - again discussions, Ulster County's Industrial Development Agency has moved formally to terminate developer Steve Aaron's 2005 Pilot (Payment in Lieu of Taxes) agreement for failure to pay his tTaxes) agreement for failure to pay his taxestaxes.

In early 2014, the City of Albany Industrial Development Agency approved a payment - in - lieu of taxes agreement for the hotel and parking garage on Howard Street that will save the company millions by the time the agreement expires in 2031.

«Public input is important to us, but we hope they stick to the merits of the Pilot [payment in lieu of taxes] proposal that is the subject of our public hearing,» board Chairman Mike Horodyski said on the morning of the hearing at NewPaltzHigh School this Tuesday.

The proposal is merely a stop - gap, in lieu of broader reform of the city's property tax system, which the mayor has promised but has been slow to act on.

Park Point developer Wilmorite is before the Ulster County Industrial Development Agency (IDA) looking for a payment in lieu of taxes (PILOT) agreement on 10 of the 13 apartment buildings in their proposed $ 56 million complex.

Currently, Buchanan receives $ 3 million in tax breaks as per a payment in lieu of taxes agreement, and Joseph Hochreiter, superintendent of the Hendrick Hudson school district, has said that the closure of the plant would negate a third of the district's tax base, and has therefore halted intentions to move forward on a $ 14 million capital improvement project.

Based on Synapse's commitment to earn the highest rating from the U.S. Green Building Council, the project was entitled to the same tax break given other projects under the city's «green» payment in lieu of taxes program.

«We are asking for the state, to a minimum, fully fund the payments in lieu of taxes formula that's been on the state books for many, many, years, but has been dramatically underfunded.

Joanie Mahoney (JM): If you look at PILOTs [Payment in Lieu of Taxes], for instance for the Marriott in the Armory Square neighborhood, that SIDA [Syracuse Industrial Development Agency] gave to the developer, they're far more valuable and there's a longer period of time before taxes are paid on the improvemTaxes], for instance for the Marriott in the Armory Square neighborhood, that SIDA [Syracuse Industrial Development Agency] gave to the developer, they're far more valuable and there's a longer period of time before taxes are paid on the improvemtaxes are paid on the improvements.

The state Division of the Budget has proposed using payment - in - lieu - of - taxes agreements instead of market value to calculate taxes on land in the Adirondack Park and the Catskills.

The long - running controversy on tax abatement involving Len and Terry Bernardo's Skatetime 209 roller rink in Accord came to a quiet end last June when their payment in lieu of taxes (Pilot) agreement was reinstated by the Ulster County Industrial Development Agency.

I was pleased to help ensure the legislation included extensions of important renewable energy production and investment tax credits, eliminated the previous cap on the credit for residential solar electric systems, and created the new Treasury Department's (Section 1603) grant in lieu of tax credit program.

A New York Times article yesterday noted that financially - challenged municipalities across the country are calling on land - holding non - profit / tax - exempt organizations to make larger contributions in lieu of property taxes.

Last week, Boston City Council member Anissa Essaibi - George called for a hearing on the city's Payment in Lieu of Taxes, or PILOT program.

After the 2011 Legislative session, Governor Scott signed HB 965 into law eliminating the 75 % cap on the amount that may be contributed in lieu of paying corporate taxes directly to the state.

With these programs, in lieu of traditional pay stubs, and tax returns, lenders use the deposits on your bank statements as qualifying income.

You can either pay the tax on the deemed disposition when you file your tax return for the year of emigration or you can opt to post security in lieu of paying tax for any particular property.

Accepted by HM Government in lieu of Inheritance Tax and allocated to the National Gallery pending a decision on permanent allocation, 2007.

In May it was announced that Freud's estate had offered the 15 oil paintings and 29 works on paper by Auerbach, one of Britain's greatest living artists, to the government in lieu of around # 16m of inheritance tax.

Widespread plunder of private collections also took place following the victory of the Red Army in 1945, and in the 1970s when East German authorities would levy unaffordable tax bills on collectors, accepting works of art in lieu of payment.

Arts Council England announced on Wednesday that it had been accepted into public ownership in lieu of a tax liability.

Out and up Artist: Richard Hamilton 1922 - 2011 Date: c.1951 - 2 Classification: on paper, unique Medium: Watercolour on paper Dimensions: unconfirmed: 344 x 486 mm Accepted by HM Government in lieu of tax and allocated to the Tate Gallery 1992 © The estate of Richard Hamilton

1924 (first abstract painting, Chelsea) Artist: Ben Nicholson OM 1894 - 1982 Date: c.1923 - 4 Classification: painting Medium: Oil paint and graphite on canvas Dimensions: support: 554 x 612 mm Accepted by HM Government in lieu of tax and allocated to the Tate Gallery 1986 © Angela Verren Taunt 2018.

Seated Woman with Clasped Hands Artist: Dame Barbara Hepworth 1903 - 1975 Date: 1949 Classification: on paper, unique Medium: Oil paint and graphite on paper Dimensions: unconfirmed: 470 x 355 mm Accepted by HM Government in lieu of inheritance tax 2010 and allocated to Tate 2012 © Bowness

• Eliminate the dividend withholding tax in its entirety if it can be circumvented so easily • Source dividend - equivalent payments by reference to the source of the dividend income on the underlier (e.g., similar to sourcing rules for in - lieu of dividend payments made in connection with securities loans)-- cascading withholding taxes — multiple derivatives can be entered into on same share of stock — would change shift dealer activity (and its tax revenues) to London?

Not mentioned in the article but cited on PNMís web site are the alleged economic benefits to New Mexico including, annually, $ 450,000 in payments in lieu of taxes, $ 550,000 in land rental payments, and $ 500,000 in compensation for 12 employees who will operate the «wind farm» when completed.

Notable mandates: Represented Halifax Regional Municipality in its 10 - year battle with the federal government over the under - estimation of the value of Citadel Hill pursuant to the Payments in Lieu of Taxes Act; represented the province of Nova Scotia in the purchase of Bowater Mersey Paper Co. Ltd., and on the NewPage Corp. matter; advised Husky Energy on its South White Rose Extension project; acted for Emera Inc. on the development and transmission of hydroelectric power from Muskrat Falls; acted for Dexter to formulate a 3P bid to complete the twinning of the Saint John to St. Stephen divided highway, and provided legal advice when it won the contract; provided all legal services to establish title to Loblaw Co. Ltd. properties throughout Atlantic Canada as part of the establishment of a proposed REIT; engaged by TransCanada Corp. as local counsel on the Energy East Pipeline Project

But, state and local governments are not taxed on their own income (just like other non-profits) and state and local governments are allowed to establish state and / or local employee retirement systems in lieu of FICA taxation on its employees for employees who participate in those programs.