Sentences with phrase «lieu of taxes as»

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This includes revenues from volume - based taxes such as Gasoline Tax, Fuel Tax, Tobacco Tax, and Beer and Wine Tax, as well as other taxes such as Electricity Payments - In - Lieu of Taxes and Miningtaxes such as Gasoline Tax, Fuel Tax, Tobacco Tax, and Beer and Wine Tax, as well as other taxes such as Electricity Payments - In - Lieu of Taxes and Miningtaxes such as Electricity Payments - In - Lieu of Taxes and MiningTaxes and Mining Tax.
In the United States alone, just those companies in the S&P 500 have been hoarding more than $ 1.9 trillion in cash which began in response to jurisdictional tax disparities and global economic uncertainty following the Great Recession, then accelerated over the past decade as big U.S. corporations accumulated profits offshore in lieu of repatriating the funds and taking a tax hit.
But, in most countries, gifts and inheritances are exempt from taxation as income and a gift or inheritance or estate tax is a tax in lieu of an income tax that is designed to impose less of an administrative burden than treating gifts and inheritances as income would.
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.
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.
As interest in collecting payments in lieu of taxes — also known as PILOTs — from charitable non-profits is likely to increase, a new.As interest in collecting payments in lieu of taxes — also known as PILOTs — from charitable non-profits is likely to increase, a new.as PILOTs — from charitable non-profits is likely to increase, a new...
Flanagan said his conference supports «minor» changes to the cap, such as allowing for growth in payment - in - lieu of taxes.
This includes over-estimating payments in lieu of taxes ($ 381,000), rental payments ($ 305,000) and interest earnings ($ 426,000); as well as over-expending budget line items for health insurance ($ 944,000), accumulated sick pay and vacation pay ($ 750,000), and workers compensation ($ 415,000).
Solages wants the mall's owner and the Hempstead Town Industrial Development Agency to renegotiate what's known as a PILOT agreement, or payment in lieu of taxes.
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.
Like the unfair property tax structure that burdens Staten Island homeowners more than elsewhere, as well as the lack of city funding for the Island's private hospitals in lieu of a city - run hospital.
The ECIDA also agreed to extend an existing Payment in Lieu of Taxes (PILOT) arrangement for Building 1 at the River Road site, as an incentive, if the automaker commits to bringing the new V - 6 and V - 8 engine work to the Tonawanda plant.
SKS and SEDC recently submitted an application to Saratoga County IDA for a 10 Year Commercial Services PILOT — a payment in lieu of taxesas well as sales tax and mortgage tax exemptions to facilitate the move and installation of equipment, machinery, furniture, and fixtures at the site.
As has been the case in several similar aid infusions to New York's capital city in recent years, the aid will come in the form of a «spin - up» of the state's annual Payment in Lieu of Taxes (PILOT), an annual sum intended to cover the Empire State Plaza's absence from the local tax rolls.
The idea — as with every property in lieu of taxes agreement, or PILOT — was to encourage private development with short - term tax breaks in return for improved property, more jobs and increased traditional tax payments in the long term.
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.
The Hempstead Town IDA granted the mall what's known as a PILOT, or payment in lieu of taxes, worth $ 14 million for the mall's renovation in 2014.
A negative cap can be caused by a number of reasons, including a district's receipt of a payment in lieu of taxes, such as for a new business park, or when a capital expense goes away after years in the debit column.
They can also offset property taxes through what's known as a PILOT, or Payment In Lieu Of Ttaxes through what's known as a PILOT, or Payment In Lieu Of TaxesTaxes.
With these programs, in lieu of traditional pay stubs, and tax returns, lenders use the deposits on your bank statements as qualifying income.
If a fund holds Build America Bonds, the fund may be eligible to receive a federal income tax credit; however, the issuer of a Build America Bond may instead elect to receive a cash payment directly from the federal government in lieu of holders such as the fund receiving a tax credit.
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.
The acceptance in lieu scheme was created in David Lloyd George's people's budget of 1910, with hundreds of outstanding objects and collections given as a way of settling tax bills.
In addition, projects starting construction before the end of 2011 may elect to receive an equivalent - value cash grant in lieu of the ITC (known as a 1603 Grant after its ARRA section number), thus mitigating the need for investors with sufficient tax burdens to be offset by the ITC.
Wind power has created too many benefits for western Kansas, as a $ 7 billion investment pays out $ 16 million in lease payments to farmers each year and more than $ 13 million in payments in lieu of taxes (PILOT), according to Polsinelli, a Kansas City law firm.
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
Administrative law — Judicial review — Municipal law — Taxation — Real property tax — Payments made by Federal Crown in lieu of real property tax — Assessed value of Halifax Citadel — Whether the Federal Court of Appeal erred in holding that the Minister is unconstrained by the assessed value of the property determined by the assessment authority in determining the property value of a federal property for purposes of the PILT Act — Whether the Federal Court of Appeal erred in holding that the Minister acted reasonably in determining the property value of the Halifax Citadel lands (adopting the determination of the Dispute Advisory Panel appointed under the Act), and in particular in valuing the portion of the lands upon which are located improvements which are exempt from payments in lieu of taxes, representing 47 of 49 acres of the site, at $ 10 — Whether the Court should consider the present case as it raises similar issues as Montréal (City) v. Montréal Port Authority 2010 SCC 14, [2010] 1 S.C.R. 427, but from the perspective of assessed value — Payments in Lieu of Taxes Act, R.S.C. 1985, c. M -lieu of real property tax — Assessed value of Halifax Citadel — Whether the Federal Court of Appeal erred in holding that the Minister is unconstrained by the assessed value of the property determined by the assessment authority in determining the property value of a federal property for purposes of the PILT Act — Whether the Federal Court of Appeal erred in holding that the Minister acted reasonably in determining the property value of the Halifax Citadel lands (adopting the determination of the Dispute Advisory Panel appointed under the Act), and in particular in valuing the portion of the lands upon which are located improvements which are exempt from payments in lieu of taxes, representing 47 of 49 acres of the site, at $ 10 — Whether the Court should consider the present case as it raises similar issues as Montréal (City) v. Montréal Port Authority 2010 SCC 14, [2010] 1 S.C.R. 427, but from the perspective of assessed value — Payments in Lieu of Taxes Act, R.S.C. 1985, c. M -lieu of taxes, representing 47 of 49 acres of the site, at $ 10 — Whether the Court should consider the present case as it raises similar issues as Montréal (City) v. Montréal Port Authority 2010 SCC 14, [2010] 1 S.C.R. 427, but from the perspective of assessed value — Payments in Lieu of Taxes Act, R.S.C. 1985, c. M taxes, representing 47 of 49 acres of the site, at $ 10 — Whether the Court should consider the present case as it raises similar issues as Montréal (City) v. Montréal Port Authority 2010 SCC 14, [2010] 1 S.C.R. 427, but from the perspective of assessed value — Payments in Lieu of Taxes Act, R.S.C. 1985, c. M -Lieu of Taxes Act, R.S.C. 1985, c. M Taxes Act, R.S.C. 1985, c. M - 13.
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