Sentences with phrase «of tax scheme»

«If he was laundering the proceeds of a tax scheme or a securities scheme or some other white - collar offense, it would be not nearly as serious as a narcotics offense,» he says.

Not exact matches

At least 35 companies, among them Anheuser - Busch InBev, BP, and BASF, have been told to pay back taxes of about 700 million euros to Belgium because of their participation in an illegal tax scheme.

An incredible investigation into the Republican tax plan revealing that many of the biggest tax - avoidance schemes were left untouched — and a cottage industry has sprung up to cash in on one of them.

As a veteran of past tax reform initiatives, I wondered how the government had come to generate such anger from small business owners and whether a much needed tax reform scheme could be rescued.

Tapping into tax credit allocations through the New Market Tax Credits scheme, which offers investors tax credits for investing in CDFIs, generated more than $ 65 million in leveraged debt from TCE and Capital Impact and $ 60 million of tax credit equity from JP Morgan and US Batax credit allocations through the New Market Tax Credits scheme, which offers investors tax credits for investing in CDFIs, generated more than $ 65 million in leveraged debt from TCE and Capital Impact and $ 60 million of tax credit equity from JP Morgan and US BaTax Credits scheme, which offers investors tax credits for investing in CDFIs, generated more than $ 65 million in leveraged debt from TCE and Capital Impact and $ 60 million of tax credit equity from JP Morgan and US Batax credits for investing in CDFIs, generated more than $ 65 million in leveraged debt from TCE and Capital Impact and $ 60 million of tax credit equity from JP Morgan and US Batax credit equity from JP Morgan and US Bank.

For all the talk of reform, the Republican tax plan leaves many tax - avoidance schemes untouched.

As tax - preparation season approaches, be wary of scammers engaging in both identity theft and fraudulent tax - payment schemes.

That includes the creation of a CPP - supplemented Ontario Retirement Pension Plan, a scheme that business lobbies have derided as a payroll tax.

The 2006 ruling endorsed a tax arrangement that IKEA's core company used to shift «a significant part» of its revenues to a special tax scheme in Luxembourg that was exempt from corporation tax.

Few expect the next two months of congressional negotiations to produce a broad shake - up of America's underfunded Medicare scheme for the elderly and the country's loophole - laden tax system.

A CBC investigation in 2017 uncovered that De Zen, among other wealthy Canadians, was involved in a tax dodging scheme initiated by KPMG on the Isle of Man in 1999.

INVESTORS are putting at risk millions of dollars by not carefully checking the viability of tax benefits of investment schemes before pouring in their hard earned money.

Allegations that late High Court judge Lionel Murphy had been involved in a tax avoidance scheme in Western Australia are contained in classified documents considered by a Parliamentary Commission of Inquiry released in Canberra today.

Frances, At least in Canada, the ability to arrange for deferred compensation schemes is limited by various provisions of the Tax Act which prevent the deferral of income into future years in most circumstances (there are exceptions, for example, for teachers who take, for example 3 years of salary over 4 years and take a year's sabatical or for various incentive compensation schemes, although I doubt those would work for athletes).

With a lower top marginal tax rate you'd induce high income earners who would otherwise engage in all sorts of sketchy (and expensive to implement) schemes to avoid taxes to just pay up and leave it at that.

He qualified his optimism by cautioning that the «use of cryptocurrencies also carries serious risks,» including money laundering, tax evasion, the financing of terrorism, and fraudulent schemes targeting laypeople.

A year later, at the end of 2017, McKenna clarified that provinces have until the end of the year to introduce carbon - pricing schemes, whether they be carbon taxes or cap - and - trade regimes.

The CLC paper predicts the current financial crisis will create a severe pensions crisis, and a follow - up paper issued on Oct. 29 calls for the creation of a new pension benefit insurance scheme (financed by the proposed tax on financial transactions) to insure annual pension and RRSP benefits for individual Canadians up to $ 60,000 a year.

Effective tax rates started diverging again in the late 1990s as globalization, the adoption of territorial tax systems and relatively high U.S. tax rates encouraged tax reduction schemes.

Saskatchewan wants to know whether it can get out of Justin Trudeau's national carbon - taxing scheme.

The U.K. Treasury's sponsored analysis of confidential tax records on tax - advantaged share schemes at over 16,000 U.K. firms reported that broad - based employee stock ownership was linked to improved value added and productivity with correlations consistent with those in many studies of smaller numbers of firms.

See Oxera Tax Advantaged Employee Share Schemes: Analysis of Productivity Effects, Report 1, Productivity Measured Using Turnover and Report 2, Productivity Measured Using Gross Value Added.

Ford offers more corporate tax cuts and a continuation of Wynne's privatization schemes.

Some of the worst examples of failed agriculture investments were in managed investment schemes (MIS), which were tax - driven vehicles created in direct response to a federal government policy to promote investment in rural areas.

The South Korean Ministry of taxation, looked to the international arena, in search of examples of crypto - taxes, sending employees to the United States, Japan, Germany and the UK in order to conduct surveys relating to various taxation schemes.

Well, you also likely have a complex legal structure grown out of the token sale's needs, a massively elaborate tax scheme, and a need to keep track of a host of governance threads.

There is no benefit at all from income splitting for single parents, or for two parent families in which both earners are in the same tax bracket, including the middle and bottom income tax brackets; these families with children under 18 represent over half of all families that are the apparent target of the scheme, according to the Broadbent Institute study, The Big Split.

Reportedly, the scheme also allowed some of the firm's clients to evade taxes.

«U.S. multinational firms are the global grandmasters of tax avoidance schemes that deplete not just U.S. tax collection but the tax collection of most every large economy in the world,» said Edward D. Kleinbard, a former corporate tax adviser to such companies who is now a law professor at the University of Southern California.

While Olasky generally does a good job of anticipating (and answering) potential objections to his proposals, he needs to explain how the tax - credit scheme can accomplish its goals without jeopardizing other governmental services.

Rather than pay his taxes like every other American Citizen, Mr. Romney created a legendary tax avoidance scheme to hide his profits from the country that made all of his success possible.

Dr. Harold W. Watts, for example, presented a scheme in 1972 to the Democratic Platform Committee which has much merit.10 It would replace the whole system of present public assistance programs and individual income tax schedules.

Schemes may go under the heading of Negative Income Tax or Guaranteed Annual Income.

We proudly advocate on a number of issues in Australia including labelling, container deposit schemes and taxes -LSB-...]

14 July 2014 Media Statement Container Deposit Tax to cost consumers $ 8 billion: COAG The Australian Beverages Council, representing the nation's non-alcoholic beverage industry, has today called on Premiers to finally reject outright any further consideration of a container deposit scheme (CDS) following a COAG report that the program could cost consumers up to $ 8 -LSB-...]

«Historically a lot of agricultural investments were tax driven and that did not result in very positive outcomes,» Mr Brandweiner said, possibly referring to the spate of collapsed managed investment schemes such as Timbercorp during the financial crisis.

We proudly advocate on a number of issues in Australia including labelling, container deposit schemes and taxes to name a few, as do consumer groups and a range of NGOs on issues they wish to influence.

«Can I say to Australians the debate that they are hearing about a carbon tax is a debate about what Tony Abbott calls a carbon tax, which [it] will be for a limited period of time and then we will move to an emissions trading scheme.»

Subscribe to the Afternoon Brief Trending Story: Pay - to - Play Schemes Keep TTB Busy A host of so - called «pay - to - play» infractions have become one of the Alcohol and Tobacco Tax and Trade Bureau's top legal, investigative targets in the past couple of years... Today's News: French Court Rejects Plea from Luxury Wine Label to Stop Cheap Blends -LSB-...]

Match of the Day presenter Gary Lineker is the latest BBC star to be linked with an astonishingly high tax bill having investing in a series of controversial tax break schemes, according to The Sun.

Match of the Day pundits Danny Murphy and Martin Keown have been handed a whopping # 2.5 m tax bill after investing in what turned out to be a tax avoidance scheme, The Sun reports.

MATCH of the Day star Danny Murphy has been clobbered with a # 2.5 million bill after investing in a tax - avoidance scheme.

Several Park District officials have been convicted in connection with a four - year scheme to steal hundreds of thousands of dollars in property - tax revenues that were earmarked to pay off bonds on a recreation center.

Commenting on today's government consultation paper on «Strengthening Tax Avoidance Sanctions and Deterrents», John Cullinane, Tax Policy Director of the Chartered Institute of Taxation, said: «This is the latest in a series of measures cracking down on those who profit from tax avoidance schemTax Avoidance Sanctions and Deterrents», John Cullinane, Tax Policy Director of the Chartered Institute of Taxation, said: «This is the latest in a series of measures cracking down on those who profit from tax avoidance schemTax Policy Director of the Chartered Institute of Taxation, said: «This is the latest in a series of measures cracking down on those who profit from tax avoidance schemtax avoidance schemes.

Again, note that < 1 % of sales * 12 % tax is still infinitely more than $ 0 which Ireland would have collected in taxes if Google did NOT set up the scheme.

In 2008, our research paper The UK Pensions Crisis found that occupational pension schemes lost between # 150 and # 225 billion in growth, as a result of the abolition of Advanced Corporation Tax relief on pension funds in the 1990s.

The focus of the report was the sale of «boutique» tax avoidance schemes which exploit loopholes in the tax law to reduce the amount the client pays.

HMRC will continue to challenge in the courts and anyone who engages in tax avoidance schemes risk not only the high cost of these schemes but also lay themselves open to penalties and, potentially, prosecution.»

«The complexity of tax law creates opportunities for avoidance, there are no penalties to stop people promoting these schemes», committee chair Margaret Hodge said.

But Assembly Speaker Sheldon Siver exited a closed - door meeting with Gov. Andrew Cuomo to say he expected the major pieces of legislation — a tax cap, SUNY tuition increase scheme, rent control for New York City — will be taken up and passed by the end of the day.