Sentences with phrase «much less tax»

You could therefore pay much less tax on it, before it goes towards tuition.
Some people are doing Roth conversionso because the depressed markets in the past few years have eroded gains in their 401K and the traditional IRAs, and they have therefore much less tax to pay, than if the markets had been booming then.
Despite a relatively low turnover, in each of the past four years the fund had significant long - term capital gain distributions, which made it much less tax - efficient than these two ETFs.
This ETF would be much less tax - efficient than a five - year GIC ladder, because that entire 4.27 % coupon (minus fees) is fully taxable, even though the yield to maturity is just 1.32 %.
Take it down a notch, my busy and important friends, it's much less taxing than it seems.
The experimental treatment also spared healthy cells, in these and in prior experiments, making the method potentially much less taxing on patients than commonly used chemotherapy.
In my hand, the difference between my chunky 2016 Surface Book with performance base, weighing in at about 3.63 lb (1.6 kg), and the new Surface Laptop felt significant — the laptop would be much less taxing to tote.

Not exact matches

Those business owners have long complained that the disparity is unfair, especially in view of the fact that many multinationals pay much less than the 35 percent statutory corporate tax rate by exploiting abundant loopholes and tax breaks available to large, global corporations.
While it is not yet clear who will win the respective party nominations, much less the presidency, the fact that so many top presidential candidates have begun releasing plans demonstrates that tax reform will be a top priority for whoever next sits in the Oval Office.
However, another potential plank in the tax reform plan would be much less beneficial for middle - income Americans.
The big benefit from planning for taxes is twofold: You're less likely to be surprised by a tax bill and also will know how much of your earnings actually are available to you.
India recently launched a major tax reform, replacing some 27 different state taxes — which make it extremely difficult to sell goods between states — with a much less confusing goods and services tax.
At today's prices, industry forecasts of three million barrels per day by 2020 are likely to underestimate production by a bit, but the real kicker will be on the value of that production to all concerned — governments, via taxes and royalties, and shareholders will all suffer much lower returns from this development than they would have expected less than a year ago if prices stay where they are today.
So - called bonus depreciation is set to expire this year, and rules (in Section 179 of the tax code) that allow small companies to take big deductions for many expenses are set to become much less generous.
«If you anticipate the kind of huge appreciation in your personal wealth that could come from an IPO or a company sale, the best thing you can do is transfer stock to your heirs before the sale, because it will be worth much less then, and that minimizes the tax liability,» explains Allan Landau, a partner with Boston law firm Sherburne, Powers & Needham.
Less than three weeks after Trump signed Republican tax legislation into law, the IRS is developing new withholding tables to advise employers on how much federal tax to withhold from paychecks under the new regime.
Here's the good stuff: Instead of having to pay a 55 % estate or gift tax on the 30 % stock transfer, the child pays much less because, the IRS says, the GRAT diminishes the value of the stock.
A $ 1,000 tax credit means you owe the IRS that much less at tax time.
For C corps, they can claim more tax deductions than a partnership may be able to, write off benefits for employees (like health insurance) as business expenses, and are at much less risk of being audited as opposed to an LLC or sole proprietorship structure.
HXT is much smaller and not as liquid as XIU but has a couple of advantages: its annual MER, at 0.07 % ($ 7 per $ 10k), is less than half of XIU's; to defer taxes, rather than paying out, it reinvests its dividend.
Paying less taxes will make you much happier too.
The double benefit of no longer having to work and paying less taxes made me much happier.
If you tax them too much they will a) move, b) expand less, c) fail, or and / or d) do perverse things like take on too much debt or engage in shifty transfer pricing.
U.S. de-industrialization — and rising motivation to invest in less debt - and rent - ridden economies — reflects the fact that rentier payments and taxes absorb as much as 75 % of family budgets.
Filing taxes is much easier — and less painful — when you're organized.
The concern, of course, is that Canadian goods with a carbon tax may become much less attractive from a price point perspective.
And the NDP's hints about raising the corporate income tax are unlikely to be enough to offset future austerity, much less finance any new spending that they have in mind.
Many of these myths seem to be the result of wishful thinking; the world would be a much nicer place to do business in if we all had less paperwork, paid fewer taxes and had people showering us with free money.
Although one could imagine all sorts of radical Blue Sky tax reforms — or much less radical ideas like a carbon tax or a value added tax — in the context of the current debate about how to make some alterations to the current tax system, I would suggest the following five elements in the spirit of 1986:
Put simply, the Laffer curve illustrates what happens when the government raises taxes too much — theoretically, it ends up bringing in less revenue than before the tax hike.
Although Greater Vancouver also earns an «A» grade on KPMG's Total Tax Index, as local businesses enjoy relatively low statutory labour costs, the region is much less competitive when it comes to the marginal effective tax rate on capital, an indicator specifically designed to measure incentives for business investmeTax Index, as local businesses enjoy relatively low statutory labour costs, the region is much less competitive when it comes to the marginal effective tax rate on capital, an indicator specifically designed to measure incentives for business investmetax rate on capital, an indicator specifically designed to measure incentives for business investment.
Moreover, with a 9 percentage point drop in income tax rates, Mastercard once again got a huge boost from tax reform, paying $ 86 million less in taxes despite the much higher pre-tax income.
The existing rate is high globally, but many U.S. - based multinationals pay much less than the headline rate because of abundant loopholes and tax breaks.
Even in a world where short - term interest rates will continue to rise as the Federal Reserve raises policy interest rates (most likely 2 — 3 times next year) and where long - term rates should rise slowly as the Fed lets its balance sheet shrink, tax - free yields should either stay the same or move down as the municipal bond world confronts a market with much less issuance.
Most online sportsbook are located in in countries with extremely cheap labor, less regulator oversight (red tape), and a much lower tax bill.
«The number of people paying taxes in Lagos is less than 600,000 people and we are 22million and then 67 percent of the people living in Lagos are below the age of 35 and even the retirees, how much are they paying?
France and Italy has more extensive support systems in place, but their total value is actually lower in per capita terms partially because of their lower license fees, partially because tax relief is worth less for their much smaller press.
I'll go into those later but first I think a look at the math might help explain why although turnover might seem high compared to tax paid actually in the example scenario given in the guardian article corporation tax is not much less than what a physical company might pay
A country which has low overall taxation or is ineffective at collecting taxes is much less bale to pay off debts.
«Windfall taxes will hurt pensioners who rely on stable returns for a comfortable retirement, sin taxes hit the poorest hardest, and a mansion tax would be a vindictive gesture that will eventually find its way down the property ladder to hit much less expensive homes, too.»
Moving in and out of entitlement should not happen under universal credit which is replacing tax credits, but it is a much less generous and more burdensome regime in which zero - hours contracts do not sit easily.»
«This, in one strike of the pen, will reverse all that progress, raise taxes for individuals and make us much less competitive for businesses,» he said.
His budget, loaded as it is with tax cuts for the rich, is defined by a steadfast refusal to enshrine any kind of surcharge on the wealthy, much less permit de Blasio to levy a new one to pay for his social programs in Gotham.
When Labour chose to accept the targets in 1997, incumbent Conservatives aimed (much less successfully in that case) to challenge Labour to identify what extra cuts or tax rises they would impose to meet their election promises to specific groups unsuccessfully.
(It seems likely that the main rise in public spending and reduction of tax revenue over the 2008 - present period has been due to economic contraction rather than policy change - unemployed people claim benefits, don't pay tax on wages and pay much less VAT on purchases.
The cost of maintaining e.g., a public road is more or less the same no matter how many people use it, and so if you have lots of people living and paying taxes on a street, each person should not have to pay much to maintain it.
Checks by Citi Business News at some major Oil Marketing Companies showed that petroleum prices dropped by less than GHc1 at the pumps after Parliament passed the Special Petroleum Tax Amendment Bill to reduce that much - criticized tax from 15 percent to 13 perceTax Amendment Bill to reduce that much - criticized tax from 15 percent to 13 percetax from 15 percent to 13 percent.
If NY taxes too much, people will pack their bags and move to another state with less taxes.
The Conservatives, as mentioned, could also adopt much of the policy that the Lib Dems propose, but Cameron has been scathing about forgoing prison sentences of less than six months, and policies like the mansion tax would surely never make a Conservative budget.
Insiders say they expect de Blasio will be much less confrontational than he was last year during his fight for expanded pre-k and a city tax to fund it.
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