Evaluate financial information, using their familiarity with accounting procedures and knowledge
of changes to tax laws and regulations
As a result
of changes to the tax laws, we expect that equity awards granted or other compensation provided under arrangements entered into or materially modified on or after November 2, 2017 generally will not be deductible to the extent they result in compensation to certain of our named executive officers for or after 2017 that exceeds $ 1 million in any one year for any such officer.
Not exact matches
Important factors that could cause actual results
to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited
to, the following: 1) our ability
to continue
to grow our business and execute our growth strategy, including the timing, execution, and profitability
of new and maturing programs; 2) our ability
to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability
to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability
to achieve certain cost reductions with respect
to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability
to accommodate, and the cost
of accommodating, announced increases in the build rates
of certain aircraft; 6) the effect on aircraft demand and build rates
of changing customer preferences for business aircraft, including the effect
of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result
of global economic uncertainty or otherwise; 8) the effect
of economic conditions in the industries and markets in which we operate in the U.S. and globally and any
changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution
of key milestones such as the receipt
of necessary regulatory approvals, including our ability
to obtain in a timely fashion any required regulatory or other third party approvals for the consummation
of our announced acquisition
of Asco, and customer adherence
to their announced schedules; 10) our ability
to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability
to enter into profitable supply arrangements with additional customers; 12) the ability
of all parties
to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk
of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production
of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts
of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak
of diseases or epidemic or pandemic outbreaks; 15) our ability
to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact
of future discount rate
changes on pension obligations; 17) our ability
to borrow additional funds or refinance debt, including our ability
to obtain the debt
to finance the purchase price for our announced acquisition
of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect
of governmental
laws, such as U.S. export control
laws and U.S. and foreign anti-bribery
laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental
laws and agency regulations, both in the U.S. and abroad; 20) the effect
of changes in
tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other thin
tax law, such as the effect
of The
Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other thin
Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and
changes to the interpretations
of or guidance related thereto, and the Company's ability
to accurately calculate and estimate the effect
of such
changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability
of raw materials and purchased components; 23) our ability
to recruit and retain a critical mass
of highly - skilled employees and our relationships with the unions representing many
of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment
of interest on, and principal
of, our indebtedness; 26) our exposure under our revolving credit facility
to higher interest payments should interest rates increase substantially; 27) the effectiveness
of any interest rate hedging programs; 28) the effectiveness
of our internal control over financial reporting; 29) the outcome or impact
of ongoing or future litigation, claims, and regulatory actions; 30) exposure
to potential product liability and warranty claims; 31) our ability
to effectively assess, manage and integrate acquisitions that we pursue, including our ability
to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability
to consummate our announced acquisition
of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse
changes to business relationships and other business disruptions for ourselves and Asco as a result
of the acquisition; 33) our ability
to continue selling certain receivables through our supplier financing program; 34) the risks
of doing business internationally, including fluctuations in foreign current exchange rates, impositions
of tariffs or embargoes, compliance with foreign
laws, and domestic and foreign government policies; and 35) our ability
to complete the proposed accelerated stock repurchase plan, among other things.
Adjusted shareholders» equity is shareholders» equity excluding net unrealized investment gains (losses), net
of tax, included in shareholders» equity, net realized investment gains (losses), net
of tax, for the period presented, the effect
of a
change in
tax laws and
tax rates at enactment (excluding the portion related
to net unrealized investment gains (losses)-RRB-, preferred stock and discontinued operations.
In his 2015 book «Rewriting the Rules
of the American Economy,» Stiglitz said that the normalization
of shareholder primacy was solidified under the Reagan administration through
changes to federal income
tax law and securities
law, including relaxed antitrust
laws.
If you do think you'll continue
to itemize under new
tax law, there are a couple
of changes that affect charitable donations.
Changes to the
tax law at the end
of 2017 created a lot
of confusion.
Such risks, uncertainties and other factors include, without limitation: (1) the effect
of economic conditions in the industries and markets in which United Technologies and Rockwell Collins operate in the U.S. and globally and any
changes therein, including financial market conditions, fluctuations in commodity prices, interest rates and foreign currency exchange rates, levels
of end market demand in construction and in both the commercial and defense segments
of the aerospace industry, levels
of air travel, financial condition
of commercial airlines, the impact
of weather conditions and natural disasters and the financial condition
of our customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization
of the anticipated benefits
of advanced technologies and new products and services; (3) the scope, nature, impact or timing
of acquisition and divestiture or restructuring activity, including the pending acquisition
of Rockwell Collins, including among other things integration
of acquired businesses into United Technologies» existing businesses and realization
of synergies and opportunities for growth and innovation; (4) future timing and levels
of indebtedness, including indebtedness expected
to be incurred by United Technologies in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including in connection with the pending Rockwell Collins acquisition; (5) future availability
of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope
of future repurchases
of United Technologies» common stock, which may be suspended at any time due
to various factors, including market conditions and the level
of other investing activities and uses
of cash, including in connection with the proposed acquisition
of Rockwell; (7) delays and disruption in delivery
of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability
to realize the intended benefits
of organizational
changes; (11) the anticipated benefits
of diversification and balance
of operations across product lines, regions and industries; (12) the outcome
of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact
of the negotiation
of collective bargaining agreements and labor disputes; (15) the effect
of changes in political conditions in the U.S. and other countries in which United Technologies and Rockwell Collins operate, including the effect
of changes in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general market conditions, global trade policies and currency exchange rates in the near term and beyond; (16) the effect
of changes in
tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personn
tax (including U.S.
tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personn
tax reform enacted on December 22, 2017, which is commonly referred
to as the
Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personn
Tax Cuts and Jobs Act
of 2017), environmental, regulatory (including among other things import / export) and other
laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability
of United Technologies and Rockwell Collins
to receive the required regulatory approvals (and the risk that such approvals may result in the imposition
of conditions that could adversely affect the combined company or the expected benefits
of the merger) and
to satisfy the other conditions
to the closing
of the pending acquisition on a timely basis or at all; (18) the occurrence
of events that may give rise
to a right
of one or both
of United Technologies or Rockwell Collins
to terminate the merger agreement, including in circumstances that might require Rockwell Collins
to pay a termination fee
of $ 695 million
to United Technologies or $ 50 million
of expense reimbursement; (19) negative effects
of the announcement or the completion
of the merger on the market price
of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related
to Rockwell Collins and United Technologies being restricted in their operation
of their businesses while the merger agreement is in effect; (21) risks relating
to the value
of the United Technologies» shares
to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability
of United Technologies and Rockwell Collins, or the combined company,
to retain and hire key personnel.
In addition
to the factors impacting the year - over-year
changes in quarterly GAAP pretax income, GAAP EPS for 1Q18 was further affected by a lower number
of shares primarily reflecting share repurchases in 2017 and the impact
of a lower
tax rate in 1Q18 resulting from the Tax Reform L
tax rate in 1Q18 resulting from the
Tax Reform L
Tax Reform
Law.
With
tax laws likely
changing soon, it's a good idea
to follow Lackey's lead and donate before the end
of the year, as one
of the proposed revisions for 2013 is a cap on itemized deductions.
The company also paid $ 1.2 million
to consultants who were lobbying on behalf
of the company's efforts
to change law related
to how grant funds are
taxed, the report said.
Following is a look at how blue collar workers in a number
of occupations, from food preparation workers
to power plant operators, could see their
taxes change next year if the
tax plan becomes
law.
Receiving top marks were
changes to tax laws that would allow plans
to run surpluses
of 25 %, compared with the current level
of 10 %.
Prior
to passage
of the GOP
tax plan, many feared how the
changes to the
tax law could impact retirement funds and 401 (k) s in particular.
In addition
to the TV hits, Republican released a slew
of prepared media touting
changes from the
law, known as the
Tax Cuts and Jobs Act, or TCJA.
These statements may involve a number
of risks, uncertainties and other factors that could cause actual results
to differ materially, including the performance
of financial markets, the investment performance
of NexPoint Advisors, L.P.'s or Highland Capital Management L.P.'s sponsored investment products, general economic conditions, future acquisitions, competitive conditions and government regulations, including
changes in
tax laws.
In addition
to guidance from
tax agencies, legislators must also be up
to speed on
changes to the
law needed
to support
tax compliance and not hinder positive advancement
of new technologies.
Meanwhile, the repatriation components
of the
tax - reform
law have led
to changes in the funding markets.
«This year's Advanced PFP Conference will cover the impact that
changes to tax law are having on retirement planning, investment decisions, insurance / risk management solutions and estate plans,» said Andrea Millar, CPA / PFS, AICPA director
of personal financial planning.
Important factors that may affect the Company's business and operations and that may cause actual results
to differ materially from those in the forward - looking statements include, but are not limited
to, increased competition; the Company's ability
to maintain, extend and expand its reputation and brand image; the Company's ability
to differentiate its products from other brands; the consolidation
of retail customers; the Company's ability
to predict, identify and interpret
changes in consumer preferences and demand; the Company's ability
to drive revenue growth in its key product categories, increase its market share, or add products; an impairment
of the carrying value
of goodwill or other indefinite - lived intangible assets; volatility in commodity, energy and other input costs;
changes in the Company's management team or other key personnel; the Company's inability
to realize the anticipated benefits from the Company's cost savings initiatives;
changes in relationships with significant customers and suppliers; execution
of the Company's international expansion strategy;
changes in
laws and regulations; legal claims or other regulatory enforcement actions; product recalls or product liability claims; unanticipated business disruptions; failure
to successfully integrate the Company; the Company's ability
to complete or realize the benefits from potential and completed acquisitions, alliances, divestitures or joint ventures; economic and political conditions in the nations in which the Company operates; the volatility
of capital markets; increased pension, labor and people - related expenses; volatility in the market value
of all or a portion
of the derivatives that the Company uses; exchange rate fluctuations; disruptions in information technology networks and systems; the Company's inability
to protect intellectual property rights; impacts
of natural events in the locations in which the Company or its customers, suppliers or regulators operate; the Company's indebtedness and ability
to pay such indebtedness; the Company's dividend payments on its Series A Preferred Stock;
tax law changes or interpretations; pricing actions; and other factors.
In addition, the
law made
changes to the alternative minimum
tax (AMT) and was designed
to reduce the number
of taxpayers forced
to pay using that system.
However analyses by
law firm Norton Rose Fulbright (NRF) and Fitch Ratings show that a number
of other
changes to the
tax code will also have significant effects upon the returns from renewable energy projects, the financing
of these projects and the value
of tax credits.
The entry
of Amazon and its partners adds
to the upheaval in an industry where much is
changing, from government programs after the overhaul
of the
tax law to the uncertain future
of the Affordable Care Act.
A CFP ® professional can help you evaluate the outcome
of your 2017
tax filing, use these insights
to adequately prepare for 2018 and help you understand how
changes to tax laws can impact you moving forward.
Faced with the scheduled sunset
of all provisions
of the 2001 and 2003 Bush
tax cuts and the 2009 stimulus act (as well as a number of other tax laws), and unable to agree on permanent changes, Congress temporarily extended many provisions in the (unpunctuated) Tax Relief Unemployment Insurance Reauthorization and Job Creation Act of 20
tax cuts and the 2009 stimulus act (as well as a number
of other
tax laws), and unable to agree on permanent changes, Congress temporarily extended many provisions in the (unpunctuated) Tax Relief Unemployment Insurance Reauthorization and Job Creation Act of 20
tax laws), and unable
to agree on permanent
changes, Congress temporarily extended many provisions in the (unpunctuated)
Tax Relief Unemployment Insurance Reauthorization and Job Creation Act of 20
Tax Relief Unemployment Insurance Reauthorization and Job Creation Act
of 2010.
Factors that could cause actual results
to differ materially from those expressed or implied in any forward - looking statements include, but are not limited
to:
changes in consumer discretionary spending; our eCommerce platform not producing the anticipated benefits within the expected time - frame or at all; the streamlining
of the Company's vendor base and execution
of the Company's new merchandising strategy not producing the anticipated benefits within the expected time - frame or at all; the amount that we invest in strategic transactions and the timing and success
of those investments; the integration
of strategic acquisitions being more difficult, time - consuming, or costly than expected; inventory turn;
changes in the competitive market and competition amongst retailers;
changes in consumer demand or shopping patterns and our ability
to identify new trends and have the right trending products in our stores and on our website;
changes in existing
tax, labor and other
laws and regulations, including those
changing tax rates and imposing new
taxes and surcharges; limitations on the availability
of attractive retail store sites; omni - channel growth; unauthorized disclosure
of sensitive or confidential customer information; risks relating
to our private brand offerings and new retail concepts; disruptions with our eCommerce platform, including issues caused by high volumes
of users or transactions, or our information systems; factors affecting our vendors, including supply chain and currency risks; talent needs and the loss
of Edward W. Stack, our Chairman and Chief Executive Officer; developments with sports leagues, professional athletes or sports superstars; weather - related disruptions and seasonality
of our business; and risks associated with being a controlled company.
Tax laws are subject to change and the preferential tax treatment of municipal bond interest income may be revoked or phased out for investors at certain income leve
Tax laws are subject
to change and the preferential
tax treatment of municipal bond interest income may be revoked or phased out for investors at certain income leve
tax treatment
of municipal bond interest income may be revoked or phased out for investors at certain income levels.
The Company's local income
tax returns prior
to fiscal 2010 are closed and management continually evaluates expiring statutes
of limitations, audits, proposed settlements,
changes in
tax law and new authoritative rulings.
Certain
changes to U.S.
tax laws, including limitations on the ability
to defer U.S. taxation on earnings outside
of the United States until those earnings are repatriated
to the United States, could affect the
tax treatment
of our foreign earnings, as well as cash and cash - equivalent balances we maintain outside the United States.
For equity awards granted prior
to recent
tax law changes, these conditions were intended
to qualify the stock - based awards as
tax - deductible compensation under Section 162 (m)(4)(c)
of the Internal Revenue Code.
Recent or future
changes to U.S., Irish, and other foreign
tax laws could impact the
tax treatment
of our foreign earnings.
Tax laws vary greatly country to country, so if you're a business that has grown accustomed to the laws of the past, or you're used to tax laws in other countries, it's important you take some time to understand how these changes can affect y
Tax laws vary greatly country
to country, so if you're a business that has grown accustomed
to the
laws of the past, or you're used
to tax laws in other countries, it's important you take some time to understand how these changes can affect y
tax laws in other countries, it's important you take some time
to understand how these
changes can affect you.
The
tax laws applicable
to our international business activities, including the
laws of the United States and other jurisdictions, are subject
to change and uncertain interpretation.
Accordingly, our effective
tax rates will vary depending on the relative proportion
of foreign
to domestic income, use
of foreign
tax credits,
changes in the valuation
of our deferred
tax assets and liabilities, and
changes in
tax laws.
You should seek advice based on your particular circumstances from an independent
tax advisor as
tax laws are subject
to interpretation, legislative
change, and unique
to every specific taxpayer's particular set
of facts and circumstances.
Important factors that may affect the Company's business and operations and that may cause actual results
to differ materially from those in the forward - looking statements include, but are not limited
to, operating in a highly competitive industry;
changes in the retail landscape or the loss
of key retail customers; the Company's ability
to maintain, extend and expand its reputation and brand image; the impacts
of the Company's international operations; the Company's ability
to leverage its brand value; the Company's ability
to predict, identify and interpret
changes in consumer preferences and demand; the Company's ability
to drive revenue growth in its key product categories, increase its market share, or add products; an impairment
of the carrying value
of goodwill or other indefinite - lived intangible assets; volatility in commodity, energy and other input costs;
changes in the Company's management team or other key personnel; the Company's ability
to realize the anticipated benefits from its cost savings initiatives;
changes in relationships with significant customers and suppliers; the execution
of the Company's international expansion strategy;
tax law changes or interpretations; legal claims or other regulatory enforcement actions; product recalls or product liability claims; unanticipated business disruptions; the Company's ability
to complete or realize the benefits from potential and completed acquisitions, alliances, divestitures or joint ventures; economic and political conditions in the United States and in various other nations in which we operate; the volatility
of capital markets; increased pension, labor and people - related expenses; volatility in the market value
of all or a portion
of the derivatives we use; exchange rate fluctuations; risks associated with information technology and systems, including service interruptions, misappropriation
of data or breaches
of security; the Company's ability
to protect intellectual property rights; impacts
of natural events in the locations in which we or the Company's customers, suppliers or regulators operate; the Company's indebtedness and ability
to pay such indebtedness; the Company's ownership structure; the impact
of future sales
of its common stock in the public markets; the Company's ability
to continue
to pay a regular dividend;
changes in
laws and regulations; restatements
of the Company's consolidated financial statements; and other factors.
Important factors that may affect the Company's business and operations and that may cause actual results
to differ materially from those in the forward - looking statements include, but are not limited
to, increased competition; the Company's ability
to maintain, extend and expand its reputation and brand image; the Company's ability
to differentiate its products from other brands; the consolidation
of retail customers; the Company's ability
to predict, identify and interpret
changes in consumer preferences and demand; the Company's ability
to drive revenue growth in its key product categories, increase its market share or add products; an impairment
of the carrying value
of goodwill or other indefinite - lived intangible assets; volatility in commodity, energy and other input costs;
changes in the Company's management team or other key personnel; the Company's inability
to realize the anticipated benefits from the Company's cost savings initiatives;
changes in relationships with significant customers and suppliers; execution
of the Company's international expansion strategy;
changes in
laws and regulations; legal claims or other regulatory enforcement actions; product recalls or product liability claims; unanticipated business disruptions; failure
to successfully integrate the business and operations
of the Company in the expected time frame; the Company's ability
to complete or realize the benefits from potential and completed acquisitions, alliances, divestitures or joint ventures; economic and political conditions in the nations in which the Company operates; the volatility
of capital markets; increased pension, labor and people - related expenses; volatility in the market value
of all or a portion
of the derivatives that the Company uses; exchange rate fluctuations; risks associated with information technology and systems, including service interruptions, misappropriation
of data or breaches
of security; the Company's inability
to protect intellectual property rights; impacts
of natural events in the locations in which the Company or its customers, suppliers or regulators operate; the Company's indebtedness and ability
to pay such indebtedness;
tax law changes or interpretations; and other factors.
They'll monitor the ever -
changing payroll
laws, keep an eye on
changes to federal, state, and city employment
taxes, calculate and pay your employment
taxes, file your quarterly and annual employment
tax returns, and know the details
of federal and state unemployment insurance
tax requirements.
In addition, our effective
tax rate in the future could be adversely affected by
changes to our operating structure,
changes in the mix
of earnings in countries with differing statutory
tax rates,
changes in the valuation
of deferred
tax assets and liabilities,
changes in
tax laws and the discovery
of new information in the course
of our
tax return preparation process.
The combined effect
of this uncertainty overhang — from global trade tensions
to domestic debt growth
to tax law changes to interprovincial disputes over east - west pipeline access — has weighed on Canadian investment activity.
The
Tax Cuts and Jobs Act of 2017, signed into law on December 22, makes significant changes to longstanding tax benefits for homeowne
Tax Cuts and Jobs Act
of 2017, signed into
law on December 22, makes significant
changes to longstanding
tax benefits for homeowne
tax benefits for homeowners.
• The character and integrity
of those with whom you are doing business •
Changing technology as it impacts industries (including the banking industry) • Future
changes in the law or even how the law might be interpreted differently 10 years from now • Deteriorating international competiveness (as what happened to our tax code) • Emerging competitive threats • Changes in industrial structure; e.g., new sources of competition • Political influence and unexpected litigation • Public sector fiscal challenges, demographic changes and challenges managing the nation's healthcare re
changes in the
law or even how the
law might be interpreted differently 10 years from now • Deteriorating international competiveness (as what happened
to our
tax code) • Emerging competitive threats •
Changes in industrial structure; e.g., new sources of competition • Political influence and unexpected litigation • Public sector fiscal challenges, demographic changes and challenges managing the nation's healthcare re
Changes in industrial structure; e.g., new sources
of competition • Political influence and unexpected litigation • Public sector fiscal challenges, demographic
changes and challenges managing the nation's healthcare re
changes and challenges managing the nation's healthcare resources
Much
of this is overseas, but the aforementioned recent
tax law changes in the US also includes a one - time
tax break on repatriated cash — this is provoking Amgen
to bring at least some
of this money back home.
Keep accurate receipts and records and meet with a
tax accountant
to ensure you take advantage
of all the
tax deductions you have and
to ensure your
tax forms are correct, as the IRS often
changes the
tax laws each year.
For every
change in
tax law, there are scores
of people who want
to outrun it and beat the system.
Baxter posted a net loss
of $ 71 million, or 13 cents per share, due
to a $ 354 million charge it booked following
changes in the U.S.
tax laws.
The
Tax Reform Toolkit is a series of blog posts featured on Eye on Housing that are designed to help builders and remodelers make sense of the changes in tax law as a result of the legislation passed in Decemb
Tax Reform Toolkit is a series
of blog posts featured on Eye on Housing that are designed
to help builders and remodelers make sense
of the
changes in
tax law as a result of the legislation passed in Decemb
tax law as a result
of the legislation passed in December.
This was all supposed
to end with the recent
change in US
tax law involving the taxation
of foreign profits.
As a result
of the elimination
of advanced refunding in the new
tax law, there is likely
to be a
change from the traditional structure
of tax - exempt bonds.
Fidelity does not assume any obligation
to inform you
of any subsequent
changes in the
tax law or other factors that could affect the information contained herein.