Sentences with phrase «of general government revenue»

If an individual pays $ 3,700 per year into the Social Security trust fund but simultaneously draws a net $ 25,000 per year (benefits minus taxes) out of general government revenue, the solvency of government has not improved.

Contributions held in trust: All contributions would be held in trust and invested for the benefit of the members of the plan, and would not form part of general government revenues.

Not exact matches

Two programs administered by the federal government and financed out of general tax revenues comprise the first pillar: Old Age Security (OAS) and the Guaranteed Income Supplement (GIS).

In September 2016, the government made changes to «La Ley General de Sociedades Mercantiles» which made it possible to register any enterprise with an annual revenue of up to 5 million pesos — US $ 300,000 — at no cost in 24 hours.

Through a careful search of the US General Services Administration's Federal Procurement Data System, ETHNews discovered that Chainalysis provides its services to an assortment of US government entities, including the Federal Bureau of Investigation (FBI), Securities and Exchange Commission (SEC), Internal Revenue Service (IRS), Drug Enforcement Administration (DEA), Immigration and Customs Enforcement (ICE), and the Treasury Department's Bureau of the Fiscal Service.

As noted by the Auditor General, the netting of these revenues understates the «nature and size» of the Government's activities.

Other revenues declined by $ 2.7 billion (9.0, largely attributable to the one - time gain of $ 2.1 billion in 2015 - 16 on the sale of the Government's remaining holdings of General Motors common shares.

From 1990 to 2005, he was Director Fiscal Policy Division Department of Finance, responsible for overall preparation of the federal budget; preparation and assessment of medium - and long - term projections of federal revenues and expenses and implications for fiscal policy; analysis of fiscal conditions at both the federal and provincial levels; evaluation of various budget proposals; preparation of monthly Fiscal Monitor; with the Office of the Comptroller General (OCG), assessing and evaluating accounting standards proposed by the Public Sector Accounting Board (PSAB) of the CICA and recommending changes in government accounting policies; with the OCG, responsible for implementation of accrual accounting for the federal budget and the government's financial statements.

The potential impact of this shift on churches becomes apparent when one realizes that the average local government receives 64 per cent of its general revenue from property taxes and that churches own a vast amount of untaxed property.

In our analysis of 100 years of fiscal squeezes in the UK, we found that hard revenue or spending squeezes were associated with a 77 to 86 per cent likelihood of the incumbent parties in government losing at the next general election, compared with the 38 to 42 per cent likelihood of losing the next election that was associated with soft revenue and spending squeezes.

He said, «I want to urge the Conference of the Auditors - General for Local Governments in Nigeria to join hands with the Senate in ensuring that governments at all levels get all the revenues that are due to tGovernments in Nigeria to join hands with the Senate in ensuring that governments at all levels get all the revenues that are due to tgovernments at all levels get all the revenues that are due to them.»

For purposes of this section, the total General Fund calculation shall not include sales and compensating use tax revenues shared with local governments and school districts.

The Chartered Institute of Taxation (CIOT) has welcomed today's announcement by the Government that HM Revenue and Customs (HMRC) will not be represented on the Advisory Panel for the proposed general anti-abuse rule, which is due to be introduced next year.

And the only way the trust fund can get some cash to pay Social Security benefits is if the federal government draws it from general revenues or borrows the money — which, of course, it can't do because of the debt ceiling.

General News of Friday, 18 May 2018 Source: Myjoyonline.com Ursula Owusu - Ekuful, Communications Minister The government has admitted contracting KelniGVG to render revenue assurance services in the telcos but vehemently denies claims by IMANI Africa that the company is duplicating the services of two existing companies.

Mark Serwotka, the general secretary of the Public and Commercial Services (PCS) said, today's strikes by Revenue and Customs staff are part of an «ongoing campaign» to «cause disruption for the Government at key times».

That sidesteps the annual congressional appropriations process that divvies up what is known as discretionary spending, money from the government's general pot of tax and other revenue.

Such statements include declarations regarding the intent, belief or current expectations of the Company and its management, including those related to cash flow, gross margins, revenues, and expenses are dependent on a number of factors outside of the control of the company including, inter alia, the markets for the Company's products and services, costs of goods and services, other expenses, government regulations, litigations, and general business conditions.

Wisconsin Association of School Boards government relations director Dan Rossmiller pointed to a 1976 state Supreme Court case that appears to forbid the state from taking property taxes from one district for use elsewhere, and the LFB has said that if money set aside by the state for education isn't enough to cover vouchers» overall cost, then general state revenues will be used.

In general, state governments provide the most funding, up to half of a district's funding with revenue usually coming from income and property taxes.

These and other organizations fear that vouchers, as general revenue from government coffers, will bring increased regulation and control of private education.

«Professor Spence said: «The issue of whether Amazon's deal with Luxembourg was a «sweetheart» one constituting state aid seems to deflect attention from the main issue here: namely, that Luxembourg has long operated as a de facto tax haven within the internal market, effectively depriving other EU governments, and the EU in general, of significant tax revenues.

General obligation bonds General partner General securities firms Glass - Steagall Act of 1939 GNMA Good delivery Good - faith deposit Good - faith margin account Good»Til Cancelled (GTC) order Government bond Government National Mortgage Association Government securities principal Green shoe offering Gross investment income Gross - revenue pledge Group net order Group sales GTC order

Some bond investors consider general obligation (GO) munis to be safer than revenue bonds because GOs are backed by the full taxing power and creditworthiness of the government entity issuing them.

Most of General Dynamics» revenue is from the U.S. Government (60 %) with the remainder from U.S. commercial customers (15 %), and international commercial and military customers (25 %).

On the other hand, many Swedish industries pay a lower rate (about $ 22 / tonne), not all fossil fuels are covered, and proceeds go into general government revenues instead of tax cuts.

A substantial part of this went into general Government revenues and a substantial part of that was allocated to funding things like the salaries of government sGovernment revenues and a substantial part of that was allocated to funding things like the salaries of government sgovernment scientists.

After she finished her master in Civil and commercial Law, Gina worked as a government official in the taxation and revenue bureau in China, and later as a general manager of outbound investment and capital market finance projects.

Man charged in Edmonton attack was ordered deported by U.S. in 2011, Canadian Press Trudeau proposes federal excise tax on legal pot, sharing revenue with provinces, Canadian Press Auditor general says Nova Scotia government needs to tighten its fraud controls, Canadian Press United States Police probe turns to Las Vegas gunman's girlfriend; investigators examine $ 100,000 transfer overseas, Reuters SEC forensics unit sought resources, cyber training ahead of 2016 hack, Reuters

A couple of years after the amendments came into force, major Canadian unions took the government to court arguing that the government was reallocating these surpluses from the Employment Insurance Account to its general expenses in the Consolidated Revenue Fund, which constituted a misappropriation of moneys that were supposed to be earmarked for employment insurance.

As a member of the firm's Government Investigations, Corporate Compliance + Criminal Defense Team, she represents businesses and individuals in civil and criminal investigations by local, state and federal authorities, such as state attorneys general, the U.S. Environmental Protection Agency, the Federal Energy Regulatory Commission, the Commodity Futures Trading Commission, the U.S. Department of Justice, the Internal Revenue Service, and local law enforcement.

Spending for OAS is funded out of government's general revenues.

IGRA in fact requires that Indian gaming revenues be used for one of five government - driven purposes: to fund tribal governmental operations or programmes; to provide for the general welfare of the tribe and its members; to promote tribal economic development; to donate to charitable organisations, and to help fund operations of local government agencies.

Ideal Companies: Tricare, Federal Government Contracting Offices, Department of Defense, Accenture, Veterans Administration, General Dynamics, Raytheon, Department of Treasury, USAID, Department of Education, Internal Revenue Services

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