Sentences with phrase «of a windfall tax»

Both Newmont and Anglogold have over the years resisted the imposition of windfall tax on them.

«We began as the party of the windfall tax on the privatised utilities and the minimum wage in 1997, we ended — despite doing great things — as the party that was defending bank bonuses and a party that was pushing forward ID cards.

Defending the flagship announcement, she pointed out the former adviser to Tony Blair and ex-business secretary under Gordon Brown was the architect of a windfall tax on utility companies after 1997, costing the firms # 5bn.

Not exact matches

Critics of the corporate tax cut predicted the tax windfall would mostly go to fund share buybacks and dividends, citing studies of the 2004 tax break as precedent.

Dalhousie University economist Marina Adshade, author of an upcoming book based on her blog, Dollars and Sex, warns not to expect a windfall of tax revenue from a regulated sex industry.

They also follow a recent pledge by the bank to build more branches and expand hiring in underserved neighborhoods and expand its philanthropic work, in response to an expected windfall from the passage of federal corporate tax cuts last year.

This created a windfall by delivering one unit of Bitcoin Cash for every bitcoin — but also a minor tax nightmare, since no one is quite sure on how to report such airdrops to the IRS.

Because tax revenues are expected to exceed school building needs, Colorado public officials are already thinking of additional ways to use the tax windfall.

Many of the business tax cuts in the Republican plan are simply windfalls for people who made business investments in the past — and even if investors are very responsive to incentives, they can't respond to the bill by investing more in businesses and creating more jobs in the past.

In a letter to U.S. Comptroller General Gene Dodaro, Democratic Senator Ron Wyden and Representative Richard Neal said they were concerned that the U.S. Treasury could be pressured to adopt tax withholding tables that take too little federal tax out of employee paychecks to make good on White House predictions of a middle - class windfall.

Treasury could be pressured to adopt tax withholding tables that take too little federal tax out of employee paychecks to make good on White House predictions of a middle - class windfall.

As the impact of new tax cuts circulates through corporate balance sheets, businesses are getting an infusion of cash, and much of the windfall is going toward buying back stock.

And if you do get a windfall, such as a bonus or a tax refund, save at least some of that money to help create a safety net.

In the meantime, low commodity prices are a windfall for many companies in Europe, Japan and the U.S. Metals and other raw materials are at their lowest in years, which is the equivalent of a massive tax break for the construction and manufacturing sectors.

Apple's stock buyback fits into a broader trend of companies using the financial windfall from President Trump's tax cut to reward shareholders.

But the plan would be a windfall for Trump: NPR and others estimate Trump's proposed cuts would potentially slash his own tax burden in half, saving him tens of millions of dollars.

Apple's stock buyback, announced as the company released its quarterly earnings on Tuesday, fits into the trend of companies using the windfall from the new tax law to reward shareholders.

But there is something profoundly troubling about speculators in Puerto Rican debt reaping windfalls even as estimates of hurricane damage are revised up, tax reform legislation undermines Puerto Rican competitiveness, out - migration increases, political cleavages increase, layoffs from the public sector are set to increase and outside observers become more pessimistic about Puerto Rico's economic prospects.

Even Ireland is appealing the European Commission's ruling out of fear that accepting the $ 14.5 billion windfall might scare away other global corporations — undermining Ireland's reputation as a tax haven, which has become a cornerstone of the country's economy.

«Apple's cash management game is to bide its time until it gets a tax windfall... and then kick the windfall out to shareholders in the form of dividends or buybacks,» he wrote.

In a standard economic model, the long - term consequence of that windfall is higher cash wages for employees, which offset the new taxes.

Berkshire recorded a hefty windfall from the tax bill that Congress passed at the end of last year.

But there's a pattern of American companies using their tax windfalls to reward investors rather than to expand.

LOS ANGELES The windfall gains from the tax cuts passed by the U.S. Congress in December have brought back «animal spirits» that encourage risk - taking throughout corporate America, according to some of the participants at the annual Milken Institute Global Conference in California on Monday.

Other topics likely to come up include Berkshire's decision to team up with Amazon and JPMorgan Chase to form a new company to lower health care costs; Berkshire's growing pile of cash and the environment for deal making; and the tax cuts passed late last year, which provided Berkshire with a hefty windfall.

With the corporate tax rate reduced to 21 %, we look at how major companies are taking advantage of this windfall.

Hank Paulson, a Goldman Sachs CEO who served in the George W. Bush administration as Treasury Secretary, immediately filed to sell almost $ 500 million of his Goldman stock and take advantage of a tax - savings windfall estimated to be $ 200 million by The Economist.

Many families relocate to more moderate tax environments or work with the family office team and outside advisors to structure their wealth management in the most tax efficient manner possible and may spend more of their time in a different city or state than the one they had resided in prior to their financial windfall.

News of Walmart's investment was cheered by supporters of the tax plan, which slashes the U.S. corporate tax rate from 35 percent to 21 percent and includes other features expected to generate windfall profits for companies.

Most student loans do not have prepayment penalties; therefore, if you receive a windfall of money at some point in the year (for instance, a work bonus, a birthday present or a tax refund), you can pay more than the minimum monthly payment.

The government numbers show that it's only the top one per cent of income tax filers whose corporations will be affected by the changes but this change will still reap a windfall for federal coffers.

But the case of Julia's minuscule tax savings and Berkshire's windfall are more closely related than they might initially seem.

The B.C. government has enjoyed a windfall of tax monies from real estate transactions — the largest contributor to the government bottom line of any industry.

Bonus Pay: A growing list of companies benefiting from tax cuts are sharing the windfall with employees by paying one - time bonuses and boosting hourly pay.

In some cases, the companies are sharing only a sliver of their tax - cut windfalls.

Facebook said he will use the «substantial majority» of the windfall to cover the massive tax bill he'll be hit with, thanks to his plan to exercise a large stock - options grant that will increase his ownership stake in the company he founded.

Tax cuts are coming closer to reality, adding fuel to the markets and stirring the animal spirits of business leaders who have said they will use their windfalls to build and expand.

I think mary jane needs to be legalized not necessarily because of the hypocrisy and that we should have the «freedom» as much as the windfall of cash from growing it, selling it and taxing it, the medicinal properties it can be used for, the huge amount of space available in prisons that would open up and house criminals doing really bad things instead beng caught with a pound of a specific plant.

UK: Government banks on wine tax windfall Wine is set to overtake beer as a contributor of duty tax to UK Government coffers, with little sign that ministers plan to halt the duty escalator for alcoh

That «coalition» approach is underpinned by the 97 - 01 policy agenda of new deal on jobs and windfall tax, minimum wage, devolution and FoI, public services, social chapter and pro-EU, feminisation of the PLP through shortlists, alongside macroecon stability, aversion to tax rises spoke to a party coalition; the post-01 agenda was arguably rather narrower, with new labour seeming to be about a particular method of public service reform.

Now, governors and state legislators are considering how to adjust their own tax codes to shield residents from paying more or, in some cases, whether to apply any of the unexpected revenue windfall to other priorities instead.

«Take - up has slowed almost to a crawl with an incredible # 2 billion a year left unclaimed, which is equivalent to a tax windfall to Treasury coffers of # 5.5 million each and every day.»

The main thrust of the article was to suggest that the reason why the UK does not have a colossal nest egg like Norway's is that the UK government effectively squandered its windfall in tax breaks.

The Tories condemn an inaccurate Labour advertising campaign which portrays the cut in the top rate of tax as a lottery - style windfall for millionaires - Mail on Sunday

Our utility companies will have their corporate income taxes slashed from 35 percent to 21 percent generating a major windfall at the expense of customers.

Health care «windfall profit» tax — There is no justification to impose a new state tax on a single business sector, as proposed here, in response to an across - the - board reduction of federal corporate tax rates.

Reinstating this tax on buybacks would allow Governor Cuomo and the State Legislature to tax some of the windfall profits companies are making off the tax bill and protect New Yorkers from devastating federal cuts to health care and education.»

The moral imperative is that Senator Skelos stand up for 99 percent of the taxpayers, not the 1 percent he's protecting who are millionaires and multi-millionaires about to get yet another tax windfall in six months.

The budget includes taxes on «windfall» profits of health insurance companies that have benefitted from the December tax law and a surcharge on drug companies that manufacture opioids.

For instance, Cuomo wants to tax «windfall» profits for health insurance companies as a result of the federal tax overhaul.