Sentences with phrase «of tax policy changes»

An income measure that understates economic income overstates effective tax rates and the burden of tax policy changes, measured either as the change in ETR or the percentage change in after - tax income.
«[T] he government already routinely consults on the detail of tax policy changes once they have been announced.

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 thintax 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 thinTax 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.
«Major tax increases or policy changes such as big hikes in the minimum wage will probably do more harm than good,» says Dahlby of the sort of programs necessary to satisfy vocal public - health boards.
Smart moves related to home equity loans and investments could provide tax relief ahead of policy changes in Washington.
While some of these trends were already happening before the imposition of the carbon tax and are not unique to B.C., the policy is widely supported and appears to be working in concert with other societal changes.
The Commission took unilateral action and retroactively changed the rules, disregarding decades of Irish tax law, US tax law, as well as global consensus on tax policy, that everyone has relied on,» Apple said.
Many of the policies that Barack Obama has advocated - the Affordable Care Act (ACA), banking reform, and changes to tax rates, the minimum wage, and regulations - make life more difficult for small - business owners.
FMS earnings before tax as a percentage of FMS total revenue and FMS operating revenue (a non-GAAP measure) were 4.0 % and 4.8 %, respectively, both down 60 basis points from the prior year, primarily reflecting higher depreciation due to vehicle residual value policy changes and lower used vehicle sales results.
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 personntax (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 personntax 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 personnTax 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.
But the latest wave of sales tax changes appears voluntary, and began late last year when Amazon started collecting sales tax for Washington, D.C. Amazon steadily added states from December to March, with the April wave completing the standardization of company policy.
If the original tax base is $ 263 billion and if nothing else changes — the assumption you have to make in assessing the effects of a policy — then this information is enough to put some numbers on the sort of revenues you can expect to generate by an increase in corporate tax revenues.
And it must act consistently and holistically with its support and the elimination of economically hostile policies and laws, such as restrictive labor laws, ever - changing tax policies and an almost exclusive emphasis on funding the government for one more month instead of growing the economy.
If tax policy should be doing anything to change the income distribution, I would prefer it lean against these strong winds of inequality rather than making life still easier for those at the top.
«The revision reflects increased global growth momentum and the expected impact of the recently approved U.S. tax policy changes,» the IMF said in its World Economic Outlook report, published Monday ahead of the World Economic Forum in Davos, Switzerland.
Speaking on the sidelines of the Munich Security Conference, Siemens CEO Joe Kaeser told CNBC he believed the U.S. tax policy changes would be a «net positive» for job creation.
Impact on oil and gas production: compared to a carbon tax, Alberta's policy offers emitters less of an incentive to reduce production in order to cut GHGs, notes Leach: «assuming that the facility reduced production by 10 percent, and that emissions decreased proportionately (a simplifying assumption), the facility's emissions intensity would not change, so its carbon liability per barrel of oil produced would also remain constant.»
Export prospects continue to support the outlook despite elevated uncertainty about the impact of potential US policy changes, notably corporate tax cuts and protectionist measures.
Because of the raising of the standard deduction and other changes like the reduction of the SALT deduction only around 5 % of filers will itemize deductions under the new Republican tax plan, (7 million filers estimated in linked Tax Policy Center report, page 7, in analysis of previous House versiotax plan, (7 million filers estimated in linked Tax Policy Center report, page 7, in analysis of previous House versioTax Policy Center report, page 7, in analysis of previous House version).
Our analysis shows the overall economy improves, taxes are lower and pollution emissions are reduced,» said John M. Reilly, co-director of MIT's Joint Program on the Science and Policy of Global Change.
As part of the changes to the budgetary process in 1994, four private sector forecasting organizations [2] develop detailed fiscal projections on a National Accounts basis, based on the average of the private sector economic forecasts and the tax and spending policies in place at the time of the last budget for the next five years.
At the same time, a few officials «noted that the changes in tax policy could boost the level of potential output», the minutes said.
Almost all of the public discussion at the time on the appropriate setting for monetary policy focused on the inflation outcomes excluding the influence of the changes in the tax rate (Graph 4).
One would have to go through the individual budgets to derive estimates for the impact of the new policy initiatives — tax and spending changes.
VICTORIA — Dan Woynillowicz, policy director at Clean Energy Canada, made the following statement in response to the federal government's 2018 budget: «Today's budget announced support for implementing key pieces of the government's climate change and clean growth plan, including putting a price on carbon pollution and extending tax support for clean energy.
I have used a fall in exports to show how constrained Beijing's policy choices are, but I could just have easily done the same using as an example any change in the currency regime, the reform of the hukou system, the de-industrialization of the bankrupt northeast provinces, the development of the OBOR and Silk Road projects, changes in interest rates or minimum reserves, protecting the stock market from crashing, the provincial bond swaps, changes in the tax regime, improving energy and environmental policies, and so on.
The Public Policy Forum's report on the future of journalism and democracy was designed to convince the Liberal government to enact a number of changes to help Canada's media industry, including amending the Income Tax Act and the Copyright Act to provide new streams of revenue for the media.
Budget scoring: The process of estimating the budgetary effects of proposed changes in tax and expenditure policies and enacted legislation.
Juwai.com Vice President Byron Burley speaks to Greg Bonnel of BNN on House Money about Chinese property investor interest in Canada following tougher foreign buyer taxes, as well as policy changes by the Chinese government and central bank.
As this results from a once - off tax policy change, the Bank will abstract from this direct effect of the GST for the purposes of assessing inflation outcomes relative to the target.
This makes it clearer than ever that any system of carbon pricing, whether based on taxes, caps or some combination of the two, can only be one part of a comprehensive set of policies to achieve climate change goals.
As has been noted in the Bank's policy statements, the Bank will seek to look through the wide - ranging, but temporary, effects of the tax changes on the published measures of inflation.
Williams is responsible for facilitating the establishment of numerous statewide and community change initiatives the areas of budget and tax policy, after school programs, older youth transitioning from foster care, poverty alleviation, mental and behavioral health, and neighborhood revitalization.
But whether it's a taxpayer advocacy group, a policy institute, a coalition akin to the one now fighting proposed changes to private corporations, opposition Conservatives and New Democrats, or even a more tax - reduction friendly government such as Quebec, the idea of a $ 10,000 TFSA should be a positive rallying point for many reasons.
There are also some evidence - based policies that could help outside the realm of gun control, including more stringent regulations and taxes on alcohol, changes in policing, and behavioral intervention programs.
The introduction of a tax reform bill in late 2017 continues uncertainty about tax policy changes that, if implemented, could reduce the tax benefits of giving to a donor - advised fund.
These factors — many of which are beyond our control and the effects of which can be difficult to predict — include: credit, market, liquidity and funding, insurance, operational, regulatory compliance, strategic, reputation, legal and regulatory environment, competitive and systemic risks and other risks discussed in the risk sections of our 2017 Annual Report; including global uncertainty and volatility, elevated Canadian housing prices and household indebtedness, information technology and cyber risk, regulatory change, technological innovation and new entrants, global environmental policy and climate change, changes in consumer behavior, the end of quantitative easing, the business and economic conditions in the geographic regions in which we operate, the effects of changes in government fiscal, monetary and other policies, tax risk and transparency and environmental and social risk.
Environmentalists fear that the production and processing of the gas for export could upend the province's aggressiveclimate change policies, which include an emissions - reduction goal and an unusual carbon tax system.
I'm certainly open to changing my mind on the basis of practical revenue - flow projections, but not, I think, on a set of tax - policy principles that I suspect too few are really serious about.
It turns out that the constituency for radical tax policy changes is very limited — at least for the kinds of radical changes that have been proposed.
Robin wonders if there might be some way to speed up the process, to increase people's awareness of their feelings of discomfort and dissonance so that they become willing to endorse social policies — consumption and energy taxes, for instance — that will change the direction of our culture.
«Now, domestic policy changes that are made by the Chinese government, with respect to the decision about where they impose taxes, are of course rightly the decision that falls upon the Chinese government.»
The news comes as scores of UK hospitality firms are beginning to change their policies on plastic waste, while some environmental campaigners are attempting to tax single - use plastic products in an effort to discourage their use.
This change of UFC policy is exactly why unions are needed and that tax policy «change» is exactly why unions are needed too.
B Lab drives systemic change through three interrelated initiatives: 1) building a community of Certified B Corporations to make it easier for all of us to tell the difference between «good companies» and just good marketing; 2) accelerating the growth of the impact investing asset class through use of B Lab's GIIRS impact rating system by institutional investors; and 3) promoting supportive public policies, including creation of a new corporate form and tax, procurement, and investment incentives for sustainable business.
Where policies have been announced as applying from the start of the 2017 - 18 tax year or other point before the introduction of the forthcoming Finance Bill, there is no change of policy and these dates of application will be retained.
Head of policy Paul Dornan said: «CPAG will be watching closely to see how the changes are implemented in practice, but we hope that the new system will make life easier for claimants, reduce the scope for errors and restore confidence in tax credits.
Flint has cleverly used the work of the public accounts committee to inform and promote her Finance Bill amendment on tax transparency, most select committee reports do not really change or initiate policy.
Such a use of the Reconciliation procedure would be immensely consequential: the Tax Policy Center estimates that the result of Trump's proposed tax changes would be a reduction of annual federal tax revenue by 4 per cent of GTax Policy Center estimates that the result of Trump's proposed tax changes would be a reduction of annual federal tax revenue by 4 per cent of Gtax changes would be a reduction of annual federal tax revenue by 4 per cent of Gtax revenue by 4 per cent of GDP.
The study, by welfare - to - work consultancy Policy in Practice, also suggests that the changes would leave recipients facing tax rates of 93 % on their additional earnings.
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