Sentences with phrase «more tax in»

The EU unveiled a plan on Wednesday designed to get big US tech companies, including Google, Amazon and Facebook, to pay more tax in Europe.

If you opt for the most tax deferral and draw your TFSA down first, it could mean you're taking larger taxable withdrawals from your RRSP and holding company in later years and paying more tax in the long run, at the expense of some short - term tax savings.

Couples generally pay more tax in total if one has a high income and the other one has a low income or no income.

Choosing the Roth means paying more tax in the year of the contribution, because a Roth contribution doesn't reduce your taxable income.

BIDEN, when asked who would pay more taxes in Obama's second term: «People making a million dollars or more.»

«We pay more taxes in this country than anyone,» he tells Rose.

Although government appears silent on new taxes in its 2016 budget, Ghanaians should expect to pay more taxes in the coming year, PricewaterhouseCoopers has observed.

I did not say regressive provides more taxes in a slow economy.

This is car would be no more taxing in daily use than an Audi R8 or Porsche 911 Turbo apart from the fact that, despite the reprofiled carbon tub, it's still a slightly tricky car to get into and out of.

You could claim CCA but it may mean a recapture when you sell (which could result in income added back, and more taxes in the year of the sale).

Including more taxes in the analysis would tend to drive the ETR up, whereas using a broader definition of income would tend to drive it down.

If you do some research you may get hit by paying more taxes in the future assuming the trend (line 300) does not keep up with inflation.

If you expect your income to be equal or higher in retirement, you will end up paying more taxes in the end than you would have saved by making the contribution.

Frankly the biggest one to me that comes up is clients that say, «We have all these deficits, tax rates have to go up,» and just pointing out to them, we may gather more taxes in the future, but that doesn't necessarily mean we do it by taxing Roth IRAs, because we can do it with a value added tax.

Not exact matches

The schools that would be taxed have at least 500 students and more than $ 500,000 in endowment per student.

Let that money sit for a while, and you'll most likely pay no more than 15 % in taxes on its growth, as the long - term capital gains tax for most people is far lower than taxes on regular income.

To find the wealthiest people in the world, Wealth - X looked at its database of dossiers on more than 110,000 ultra-high net - worth people and used a proprietary valuation model that takes into account each person's assets, then adjusts estimated net worth to account for currency - exchange rates, local taxes, savings rates, investment performance, and other factors.

«Overall, some folks will really benefit from AMT repeal, but we can't look at taxes in a vacuum,» said LaBrecque, also head of the Michigan Association of CPAs» special task force on tax changes, which ran simulations on more than 900 tax returns to see the impact of the proposed Trump tax changes.

Tax rules and guidelines in other countries become even more complicated where, of course, businesses must contend with language barriers and cultural conflicts.

Susan Faykus, from Integrated Financial in Austin, Texas, says: «More often than not, when we help business owners exit their existing company, we commonly find they have waited too late to engage legal, business broker and financial strategist professionals that could help them mitigate the heavy tax burden that could have been restructured for philanthropy or their legacy.»

Sousa has also written to the federal government asking them to delay HST input tax credits that would have allowed companies with $ 10 million or more in sales to claim certain expenses such as meals, drinks and entertainment until 2018.

Most analysts think the final bill will end up looking more like the Senate's version, since the GOP holds 52 seats in that chamber and therefore can afford only two defections to pass a tax bill along party lines.

Ontario joined the subsidy game in 2009 by offering Ubisoft more than $ 260 million in tax credits over 10 years.

The government did pledge to close some tax loopholes, which could have an affect on high net - worth investors, and it also stated that it wanted more competition in the banking sector — that could reduce financial - related fees, says Sewell — but it's not clear how or even if any of this will happen.

«Major tax increases or policy changes such as big hikes in the minimum wage will probably do more harm than good,» says Dahlby of the sort of programs necessary to satisfy vocal public - health boards.

And while some companies have paid bonuses and boosted pay after the new tax bill passed, more than half of U.S. workers did not receive a raise in 2017.

The trust fund is paid for with receipts from the federal fuel tax, and with gas prices at low levels, an increase in the tax might be part of a more extended program.

The unpredictability of the Trump administration in the U.S. may further encourage the Canadian government to take a more measured approach to tax policy.

Retiring University of Western Australia transport Professor John Taplin has advocated the introduction of a congestion tax in the CBD as one way to reduce traffic problems and make public transport more attractive.

Democrat Bernie Sanders, who says the system in this country is rigged against the little guy and proposes redistributing wealth and promoting economic growth by more heavily taxing the 1 percent?

On Wednesday, Republicans are expected to release their tax reform bill, the first of its kind in more than three decades.

For example, in some places, including Canada, tax breaks are effective at encouraging more spending on research and development; in other countries, direct subsidies appear to be a better approach.

While he would have liked to have seen more investor - specific changes — «it's always nice to have more rather than less,» he says — he thinks it's unlikely we'll see any reductions in capital gain taxes or major increases in TFSA room until at least 2015, when the government says it can balance the budget by.

He has more than 30 years of experience representing businesses of all sizes and high wealth individuals in developing and implementing tax strategies or negotiating with the IRS.

Look for more money to be given to the Canada Revenue Agency to fight offshore tax evasion, an investment that has so far helped the CRA reap millions in extra tax dollars while at the same time achieving the aim of discouraging tax evasion by Canadians.

Cleveland has also benefited from a new government program that has awarded more than $ 160 million in tax credits to the city's development projects, leveraging almost $ 1.5 billion in redevelopment, according to CBRE, a commercial real estate services company.

This interactive graphic offers an in - depth look at how each state stacks up in terms of home prices, employment, tax burdens and more.

Tal says a flipping tax on foreign investors could be a «step in the right direction» while Canadians wait for more data about the scope of the problem.

The companies surveyed provided employment to more than 1.1 million people, and comprised nearly 20 % of all federal corporate tax collected on business profit in the country.

The top marginal tax rates of more than 50 percent that exist in some provinces are a good example.

There are more than 10,000 tax jurisdictions in the U.S., and that's not even addressing the fact that many tax laws are in constant flux.

Each time the BCRA has been modified to meet moderates» demands — say, by adding far more money to tackle the opioid addiction crisis, as the latest draft does — some other provision upsets the right - wing (such as the investment income taxes which affect the wealthy that are now being kept in the bill).

In North America, corporate tax rates have become more globally competitive, as has the cost of energy.

More from Straight Talk: Here's why a Roth IRA makes sense for millennials Roth conversion in high - taxed states is a very bad idea So the Fed raised rates.

There would also be more after - tax cash flow to fund RRSPs, which, in turn, would increase available tax credits.

States that allow recreational cannabis are raking in millions in taxes and will do so annually forever more.

The $ 340 million in annual federal tax subsidies that US coal companies receive is not putting more miners to work.

The narrative reveals more about today's hyper - partisan discourse than about the reality of the new tax law, which is likely to affect jobs and the economy in important ways that don't fit either party's talking points.

In the weeks leading to the release of Canada's 2017 federal budget, there was plenty of speculation that Finance Minister Bill Morneau might raise the capital gains inclusion rate, make changes to dividend tax credits, and more.

The Republican - controlled U.S. Congress will begin voting on Tuesday on the biggest overhaul of the U.S. tax system in more than 30 years.