Sentences with phrase «net income credited»

The monthly net income credited to your bank account should be above the minimum net income criteria required as per the policy of the bank.

Not exact matches

NOLs can create tax relief by applying loss to past payments and receiving a credit or by applying the net loss to future income taxes.

Last week, Credit Suisse kicked off the earnings season for European banks with a slightly disappointing net income of 779 billion Swiss francs for the three months to September 30.

As a result, previously reported aggregate business segment net sales and operating income for total year 2017 increased $ 1.568 billion and $ 402 million, respectively, offset by similar increases in the elimination of dual credit net sales and operating income amounts.

Pursuant to a marketing and servicing alliance with a third party consumer lender (the Credit Provider), the Credit Provider offers credit cards and non-card payment plans bearing our brands and we receive income from the Credit Provider (Program Income) consisting of 1) ongoing payments based on net credit card sales and 2) compensation for marCredit Provider), the Credit Provider offers credit cards and non-card payment plans bearing our brands and we receive income from the Credit Provider (Program Income) consisting of 1) ongoing payments based on net credit card sales and 2) compensation for marCredit Provider offers credit cards and non-card payment plans bearing our brands and we receive income from the Credit Provider (Program Income) consisting of 1) ongoing payments based on net credit card sales and 2) compensation for marcredit cards and non-card payment plans bearing our brands and we receive income from the Credit Provider (Program Income) consisting of 1) ongoing payments based on net credit card sales and 2) compensation for marincome from the Credit Provider (Program Income) consisting of 1) ongoing payments based on net credit card sales and 2) compensation for marCredit Provider (Program Income) consisting of 1) ongoing payments based on net credit card sales and 2) compensation for marIncome) consisting of 1) ongoing payments based on net credit card sales and 2) compensation for marcredit card sales and 2) compensation for marketing

Well, in 2017, THL Credit generated net investment income of $ 39.7 million, or $ 1.21 per diluted share.

These reductions for the lowest - income groups were so large because President Reagan doubled the personal exemption, increased the standard deduction, and tripled the earned income tax credit (EITC), which provides net cash for single - parent families with children at the lowest income levels.

Wells is the largest mortgage holder in the United States, and the bank credited its $ 1 billion revenue increase over 4Q 2011 to growth in noninterest income, including strong mortgage banking and trading revenues, while net interest income remained stable.

Achieved Record $ 5 Million of GAAP Net Income in Fourth Quarter Delivered Key Credit, Originations and Margin Improvements Expects Double Digit Loan Growth and Increased Profit in 2018

A family of three with a $ 1 million net worth and income of $ 40,000 can get a child tax credit while a family of three earning $ 60,000 a year with a $ 25,000 net worth can't get anything.

Only in America can a company's operating numbers go down the drain and yet still be credited with a headline GAAP - manipulated net income «beat.»

Tax filers who qualified for less than $ 300 of the full basic credit ($ 600 for joint filers) could get $ 300 ($ 600 for joint filers) if they had either (1) at least $ 3,000 in earnings, Social Security benefits, and veteran's payments or (2) net income tax liability of at least $ 1 and gross income above specified thresholds.

Under Sections 382 and 383 of the Internal Revenue Code of 1986, as amended, or the Code, if a corporation undergoes an «ownership change,» the corporation's ability to use its pre-change net operating loss carryforwards and other pre-change tax attributes, such as research tax credits, to offset its post-change income and taxes may be limited.

Adjusted EBITDA is defined as net income / (loss) from continuing operations before interest expense, other expense / (income), net, provision for / (benefit from) income taxes; in addition to these adjustments, the Company excludes, when they occur, the impacts of depreciation and amortization (excluding integration and restructuring expenses)(including amortization of postretirement benefit plans prior service credits), integration and restructuring expenses, merger costs, unrealized losses / (gains) on commodity hedges, impairment losses, losses / (gains) on the sale of a business, nonmonetary currency devaluation (e.g., remeasurement gains and losses), and equity award compensation expense (excluding integration and restructuring expenses).

The presence of a cosigner with a strong credit and income history is a safety net for the lender — with a cosigner, lenders have an extra layer of protection against borrower default.

Credit Suisse on Wednesday reported 694 million Swiss francs ($ 707.4 million) in first - quarter net income, its best quarter since Chief Executive Tidjane Thiam launched a three - year restructuring plan for Switzerland's second - biggest bank.

Common shareholders» net income from Continuing Operations of $ 32.2 million was down 37 % compared to the same quarter in 2015, primarily due to total pre-tax provisions for credit losses of $ 39.7 million, up from $ 7.4 million last year.

These positive earnings drivers were more than offset by the combined impact of several factors, including increased energy - related provisions for credit losses, a 17 basis point decline in net interest margin, moderate growth of non-interest expenses, the addition of acquisition - related contingent consideration fair value changes reflecting performance within CWB Maxium Financial (CWB Maxium), higher preferred share dividends, and the 20 % increase to CWB's income tax rate in Alberta.

The components of net operating income consist of potential rental income, vacancy and credit losses, other income, and operating expenses.

Earnings growth primarily resulted from higher net interest income and lower preferred share dividends, partly offset by lower non-interest income, increased non-interest expenses and a marginally higher provision for credit losses.

Net interest income and non-interest income both increased 7 %; however, the combined impact of moderate growth of non-interest expenses, increased provisions for credit losses, acquisition - related fair value changes and higher preferred share dividends resulted in lower earnings.

Compared to the prior quarter, common shareholders» net income from Continuing Operations, diluted earnings per common share and adjusted cash earnings per common share were each down 38 % primarily due to the impact of higher provisions for credit losses.

Although operating revenue and net interest income were lower than expected, operating costs were in line with expectations, and credit costs were less than anticipated.

In New York, 840,000 children are lifted above the poverty line each year by safety net programs; 597,000 residents were lifted out of poverty by the earned income tax credit and child tax credit from 2011 — 2013; 576,000 low - income households rely on federal rental assistance; 2,968,000 residents received SNAP in FY 2016; and hundreds of thousands more rely on investments in job training, education, and other social services.

The withdrawal rate for Housing Benefit is 65 % but unlike Universal Credit this applies to the net income and not the gross income.

Cuomo, who is running for re-election on a platform of reducing taxes, would like to cut the tax rate on net corporate income from 7.1 to 6.5 percent, establish a 20 percent real property tax credit for manufacturers and eliminate net income tax on upstate manufacturers.

As indicated previously, proposed increases in the Child Tax Credit under the Framework have little net impact on families in the lowest quintile of income — the language of the Framework is that «the credit will be refundable as under current law.&Credit under the Framework have little net impact on families in the lowest quintile of income — the language of the Framework is that «the credit will be refundable as under current law.&credit will be refundable as under current law.»

The net result of the calculations under the Additional Child Tax Credit is that the very lowest income families receive nothing and those doing better but still living in poverty receive less than they would if they were making a modestly higher income.

After that time, universal credit claimants will only be entitled to claim free school meals for their children if their net income before benefits is less than # 7,400 per year.

In considering diminished capital and credit opportunities, recipients will examine factors relating to the personal financial condition of any individual claiming disadvantaged status, including personal income for the past two years (including bonuses and the value of company stock given in lieu of cash), personal net worth, and the fair market value of all assets, whether encumbered or not.

A charitable donations tax credit in the amount of the proceeds can be claimed on your final tax return, up to 100 % of your net income.

The taxable income report lists the net dividend, imputation credits and withholding tax figures for each holding and provides total figures.

If your current net income is high and you'd like an extra source of tax credit, transferring your policy to the charity as described in method three will give help alleviate some of the immediate tax burden.

This is unlike cash donations, where the tax credit is limited to 75 % of net income and can only be carried forward.

The credit starts to be phased out when the dependent's income is over $ 16,163 net income and completely phased out at $ 23,046.

Families will be happy with the introduction of the Canada Child Benefit (CCB), which is a refundable credit based on family net income.

Family net income can be as high as $ 70,000 before any net tax is paid (that is, taxes payable less refundable credits received)

Net Operating Income = (Potential Rental Income - Vacancy and Credit Losses + Other Income)- Operating Expenses

No proof of income is mandatory to qualify for this mortgage as your approval is based on your credit score, not your net worth.

The Taxable Income report in Sharesight lists separately all the net dividends, tax credits, tax deducted, TFN Withholding Tax and gross dividends received within the selected time period.

The credit (up to a maximum of $ 2,000 per year) is based on the net reduction of federal tax that would be realized if up to $ 50,000 of the taxpayer's taxable income was transferred to a lower - income earning eligible spouse or common - law partner.

No credit will be available once the dependant's net income exceeds $ 20,607.

At best, you can bring this down to a negative 25k net worth, or you can start and keep using some of the gains from your investment account to supplement your credit payments (along with your income).

Today, his income properties net $ 20,000 annually but he plans to sell one in three years to help pay off the debt on his other homes and to get rid of any business - related debt on a second line of credit.

When both net interest and net non-interest incomes are considered together, credit card companies make a sizable profit.

For 2010, the maximum amount that can be claimed as an Age Credit is $ 6,446, but this amount is reduced by 15 per cent of your net taxable income in excess of $ 32,506 and disappears completely once your taxable income reaches $ 75,479.

I believe the rule outside of Quebec is that the provinces have to accept the federal definition of net income and can only fiddle with the tax rates on net income and certain tax credits?

In cases where a couple's combined medical expenses are high, the lower income spouse should claim the medical expenses tax credit (on Line 330) for both to maximize the medical credit that kicks in when bills exceed $ 2,109 or 3 % of personal net income.

Although Workers» Compensation benefits and welfare payments are not directly subject to tax, the amounts are included in your net income (but not taxable income) for purposes of determining your eligibility for certain tax credits.

Our debt repayment (mortgage / secure line of credit for a recent house) is approximately 6 years with 10 percent of our total net income dedicated to it.