Sentences with phrase «lower tax»

A lower tax on land rents leaves more to be capitalized into bank loans, and hence inflates the price of housing — while government revenue is balanced by burdening labor and industry with income and sales taxes.

If you believe your tax rate is lower now than it will be when you start taking withdrawals, a conversion may look promising because you'll pay conversion taxes while you're in a lower tax bracket and enjoy tax - free Roth IRA withdrawals later (when the higher tax bracket won't matter).

They also considered the revenue losses under a range of scenarios depending on how much lower the tax rate is for spouses or children who receive income and dividends compared to the company owner.

He said both the Conservatives and NDP are proposing to lower the tax for small - business owners in the future, but said they should understand that this would benefit many well - paid professionals who use small private companies to incorporate their operations, which may not be the intent of their tax proposals.

Donating to charity may help you lower your tax bill.

«Absent material equity valuation improvements for Ares and KKR, we expect further conversions of Fitch - rated alternative investment managers to be decreasingly likely, given that the remaining managers generally have more incentive income which would not benefit from the lower tax rate,» said Meghan Neenan, head of North American Non-Bank Financial Institutions at Fitch.

Why and how it affects advisors: Lower tax rates make the U.S. market more attractive to foreign buyers.

Since the U.K. eliminated its tax on income earned outside the country several years ago, it's become increasingly popular for so - called corporate inversions, a controversial practice in which a foreign company buys a U.K. company, primarily to lower its tax bill, says Andrew Needham, a tax partner at law firm Cravath, Swaine & Moore, which specializes in private equity and hedge funds.

To split income from CCPCs, money is paid out by the company either as salaries or dividends to family members who are in a lower tax bracket.

I'm maxing mine out at work right and it helps lower my tax burden come April.

Lower tax rates on interest income would make the taxable investment more favorable.

How will your company finance growth derived from lower tax rates — through equity, debt or free cash generation?

There are state tax credits available to help lower your tax bill.

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

Income sprinkling refers to splitting income with family members in a lower tax bracket.

If a drop in income put you in a lower tax bracket this year, perhaps because of a job loss or just a temporary gap in employment, you may want to consider converting money from a traditional individual retirement account to a...

The proposal will allow couples to transfer up to $ 50,000 of taxable income to a spouse in a lower tax bracket up to a maximum benefit of $ 2,000.

Now, your eyes may glaze over at phrases like «lifetime capital gains exemption», but for Canadian high earners setting up a CCPC is often fundamental to a strategy to lower their tax bills.

The basic idea is that while most economists believe corporate taxes are primarily paid by owners of capital (that is, people who own stock in corporations) in the form of lower profits, a sizable minority, including White House chief economist Kevin Hassett, think that a lower tax rate would spark so much additional investment in the United States that it would bid up wages and leave the middle class better off through its indirect effects.

Given the lower tax rates on private corporations, there are more after - tax funds to invest.

If your deduction drops you down to a lower tax bracket, the calculation is more complicated because you're avoiding taxes on some of the income taxed at your highest marginal rate as well as some of the income that is taxed at the lower rate.

In addition, large internationally - active firms can use fancy tax planning techniques to lower their tax burden.

The one major point in favor of your argument that you didn't highlight is that most people using a Roth IRA assume that they'll make more money in the future than they do today, thus realizing a lower tax rate by paying taxes now than they would have in the future (even assuming tax rates stay constant).

If you are like most people, you will be in a lower tax bracket at the time of retirement, so the funds you withdraw will be taxed at this lower rate as opposed to the tax rate you are currently earning at your job in your 20's or 30's.

Taxpayers can lower their tax burden and the amount of taxes they owe by claiming exemptions, deductions and credits.

The obvious way to lower your tax bill is to increase the untaxed area at the bottom of the diagram.

Compared with a conversion when asset prices were higher, a conversion in a downturn may result in a lower tax bill for the same number of shares.

The bill's passage also potentially complicates Treasury issuance relative to the debt ceiling, as lower tax receipts under the new tax plan could cause Treasury to run out of extraordinary measures earlier than originally thought.

If you expect a lower income and therefore a lower tax rate, you should avoid paying a higher tax rate today by contributing to a Traditional IRA.

This means your contributions to these accounts lower your adjusted gross income, potentially putting you in a lower tax bracket as well.

And depending on the final income ranges for each tax bracket, millions of Americans could enjoy a lower tax rate, too.

The bank expects to see its earnings benefit from the lower tax rate in the U.S. over the long run.

Roth IRAs are also great for investors that expect their income tax to increase over time as an investor can contribute money at their current lower tax rate and withdraw the money later tax - free.

Our massive tax cuts provide tremendous relief for the middle class and small businesses to lower tax rates for hard - working Americans.

Bond Funds with Large U.S. Treasuries allocations are considered to be Medium Tax Efficiency for investors who are subject to high rates of state / local tax on investment income; for other investors, these bond funds should be considered Lower Tax Efficiency.

«These changes will likely lower your tax burden in 2018 — though there's a catch: The new tax brackets are set to expire, and revert to 2017's rates, in 2025.»

Your contribution will get you a juicy tax rebate, but you pay tax when you take the money out (which is usually at a lower tax rate if you're retired).

After all, half of the NHL's Canadian hockey teams are located in jurisdictions with substantially lower tax rates than Ontario (Alberta's 39 % and BC's 43.7 %).

Georgia ranks 17th for total taxes paid but 15th for taxes paid as a percentage of income because the median household income is higher here than in some states with lower tax burdens.

Revenues are lower than projected in the 2013 Budget due to slower economic growth, a lower tax base and lower Government of Canada transfers.

Between my employment expenses and my RRSP contribution room I can easily drop down into a lower tax bracket, but does it always make sense to do so?

This might work fine if you are in a lower tax bracket today and believe you'll be in a higher tax bracket during retirement.

-LSB-...] The bill includes a rule to help prevent wealthy individuals from incorporating as pass - through companies to pay a lower tax rate on their income.

Notably, U.S. lawmakers are poking the same hornet's nest that Canada's Liberals got stung by this year, taking on sole - proprietorships and similar corporate structures that can help individuals lower their tax bills.

The potential benefit of Roth IRA conversions occurs when a taxpayer is presently in a lower tax bracket than he or she expects to be in retirement.

The implication of this change is that it prevents parents from shifting any of their investment income to any of their children who are in a lower tax bracket.

Most individual provisions, including the lower tax rates, are temporary and would expire, while the corporate rate cut and other business provisions would be permanent.

The goal of transfer pricing is to set international prices so that more profits are realized in those countries that have lower tax rates.

Allergan is based in Dublin, and analysts say that the lower tax rate available is one of the most powerful forces underpinning the merger.

Stock markets have been rallying for months in anticipation of sharply lower tax rates for corporations, with Wall Street's three major equities indexes closing at record highs on Friday.