Sentences with phrase «of lost tax»

The cost of lost tax revenues from individuals, small businesses and other corporations would be about $ 258 million.

Take a cup of investor conservatism, stir in three tablespoons of inflation fear and a teaspoon of lost tax benefits, add a pinch of higher interest rates, then bake over a year - and - a-half decline in the market.

The economic cost to the area in the form of lost tax revenue and job creation is higher.

Because the federal government allowed you to spend your entire working life depositing untaxed income into 401k accounts, the IRS wants to recoup some of that lost tax revenue at some point — and this is why RMDs exist.

Eighty percent of lost tax revenues will be reimbursed in the first year declining to 20 percent by the seventh year.

However, a repeal or roll - back of DACA would harm the economy and cost the U.S. government a significant amount of lost tax revenue,» the study reads.

If you have an FHA or VA mortgage, or if you're financing with private mortgage insurance, you may be on the verge of losing a tax write - off.

In addition, NFPs are in danger of losing their tax - exempt status if they are too financially successful and their accumulated profits go beyond what the CRA believes is required to operate the NFP or if such accumulated profits are for the purpose of funding future capital projects.

Churches that could not demonstrate that all monies charged were directly used to cover costs were in danger of losing their tax exempt status for the building.

My thought is that these TELevangelicals are terrified of losing their tax exempt status.

For instance, organizations trying to assist Haitian and Salvadoran refugees to avoid repatriation, or organizations urging boycott of banks doing business with South Africa, or organizations counseling young people not to register for the draft, or organizations protesting increased military expenditures, or organizations demonstrating against nuclear power or against mineral exploration in wilderness areas, are all in danger of losing their tax exemptions for violating «public policy.»

When you are struggling to pay your debts, the idea of losing tax refunds after bankruptcy is frightening.

Canadian Revenue Agency finds speculating in comic books «inappropriate» TORONTO, Ontario ---- Losing a last appeal to the Supreme Court of Canada, the Humane Society of Canada appears to be on the verge of losing tax - exempt status, nine years after flunking a Canadian Revenue Agency audit over alleged misuse of donated funds by Michael O'Sullivan, the -LSB-...]

Not exact matches

Excluding the benefits of U.S. tax reform, Exxon's upstream business in the United States lost $ 60 million.

For fear of losing business, some lawyers are wary of referring clients to other attorneys, even if they have expertise in a particular area, such as tax law.

At the end of a game, if we haven't made at least 6 % net profit after taxes, we've lost that game, and there's no bonus.

What remains to be seen is if the tax bill will end up being a better bet for Republicans than the health care bill was for Democrats — who lost control of Congress largely as a result.

Taxpayers are taking the bait and losing significant amounts of money, according to the Treasury Inspector General for Tax Administration.

This year will obviously be dominated by the implications of Equifax scandal, but don't lose track of the other numerous scams that arise every tax season.

You can't make money running a showroom, and as brick and mortar stores close, jobs and tax revenue are getting lost — and even Amazon customers are losing something, in the form of a convenient place to check out products.

You can ease some of the pain of a losing streak by offsetting the tax on gambling winnings, said Pickering.

«Although I don't subscribe to the view that the tax cuts pay for themselves,» he says, «there's considerable evidence to suggest that the increased investment they produce will generate extra revenues to offset a substantial share of those lost to the tax cuts.»

Philip Hochstein of the Independent Contractors and Businesses Association of B.C., for one, is reminding anyone who will listen that NDP governments raise taxes, enlarge government and generally cause investors to lose confidence.

«It is a significant amount of income for a low - income family... losing that will definitely affect families,» Elaine Maag, a senior research associate at the non-partisan Tax Policy Center, told Business Insider.

And they always do so with the intention of not losing money, of finding asymmetric risk and reward, and perhaps, most importantly, with creating tax efficiency.

To offset lost education taxes during a decade in which children of gigafactory workers are certain to boost enrollment, Tesla agreed to donate $ 37.5 million to local public schools starting in 2018.

Goldman Sachs estimates New York City could lose up to 4 percent of its «top earners» if state and local tax deductions are eliminated.

New Jersey isn't the only state at risk of losing residents to Florida, Pennsylvania, or another state with lower taxes.

But the cryptocurrency has since lost roughly two - thirds of its value given worries about regulatory crackdowns and tax - related selling ahead of the U.S. tax deadline on April 17.

The government contends that it loses millions, quite possibly billions, of dollars each year on workers who've been classified as independent contractors but who haven't voluntarily paid self - employment taxes.

To avoid losing a fortune of your money to taxes, you can whittle down your estate by gifting some of that money tax - free while you're alive.

Ride - hailing giant Uber Technologies lost at least $ 1.27 billion before interest, taxes, depreciation and amortization in the first six months of 2016, Bloomberg reported on Thursday, citing people familiar with the matter.

TORONTO, Nov 9 - Canada's main stock retreated for a second straight day on Thursday as materials and financial shares lost ground and worries about the prospects of U.S. tax reform weighed on Wall Street.

However, the corporate rate could increase to 20 percent if the Senate tax bill passes, and many companies could then fall into the 20 percent AMT and lose some of their tax credits.

For more guidance on strategies to gift your kids money, read up on how to pass along your cash without losing half of it to income taxes.

The Organization for Economic Cooperation and Development estimated that these kinds of profit - shifting practices amounted to about US$ 100 billion - US$ 240 billion in lost tax revenue each year, equivalent to up to 10 per cent of global corporate income tax revenue.

As the details of this plan become known, and as the political response builds from people who fear their taxes will be raised, and as they build a coalition with special interests who would lose out from other aspects of the proposal (like investors who do not like the proposed limitation on the deduction of business - interest expenses), this plan will become an enormous liability.

In the last quarter of 2016 Uber lost $ 991 million before interest, taxes and stock - based compensation.

Whether the college endowment tax was politically targeted or part of a larger plan to push schools to lower the barrier to entry, it doesn't change the reality that many liberal arts colleges stand to lose significant endowment income.

That increase would help offset the $ 1.4 trillion in revenue that would be lost from cutting the corporate tax rate, another part of both the Senate and House plans.

In addition, the OECD estimates about 10 % of Greek GDP is lost to evasion — particularly rife in construction and tourism — much of it through aggressive use of offshore tax havens.

It may be that losing some of the entertainment - related expense deductions will be offset by reduced tax rates in case of corporations and the new 20 percent qualified business income deduction for pass - through entities.

As MPR notes, the city's analysis is weak not only because it looks at just two years» worth of data, but because of one crucial detail: that during the lost 2004 - 05 NHL season, St. Paul actually increased its sales tax intake over the previous season.

I want to turn to DACA and its impact on the economy because this week, some 400 business leaders sent the president a letter saying if the 780,000 DREAMers who now work are put at risk of deportation, the economy will lose $ 460 billion plus $ 24.6 billion in Social Security and Medicare taxes.

Families must factor in the cost of care they will use, as well as the costs incurred while working — commuting costs, for example — and the additional taxes they will pay and benefits they may lose.

But even in that case, the costs of the tax are not measured by the number of jobs lost; they are measured by the loss in welfare created by the cost of the loss in output minus the benefits of working less.

Exactly who would win and lose, and by how much, would be depend on the structure of the tax regime used to finance it.

In addition, renters may lose the incentive to buy a home in high - cost areas if they can't use the mortgage interest deduction or the ability to deduct some of those other housing - related costs from their taxes.

«GDXJ has intermittently been in jeopardy of losing its preferential tax treatment (as a regulated investment company) since last September because its portfolio often doesn't comply with the diversification requirements of the U.S. Internal Revenue Code,» noted Scotiabank.

To be sure, this is a travesty of economic reality inasmuch as it reflects a distorted set of tax laws that permit absentee investors to depreciate buildings again and again, as if they wear out and lose value through lack of upkeep (despite landlords being legally required to maintain rental properties intact), or by obsolescence (even as construction standards cheapen).