Sentences with phrase «on federal capital»

One huge drain on federal capital is our on - going foreign wars and large defense contracting programs, which total more than 700 billion annually.
Another chapter of executive impunity was opened in the ongoing fact - finding of the Senate Committee on the Federal Capital Territory.
The Chairman of the Senate Committee on the Federal Capital Territory, Dino Melaye, had disclosed recently that only the security post, also known as gateman's house, in the building will gulp N250m.
An on - going hearing of the controversies surrounding the Centenary City Project by the House of Representatives Committee on the Federal Capital Territory rowdy as the committee and the guests end up in a fiasco at the hearing.
Hembe emerged as the chairman of the Committee on the Federal Capital Territory, which is considered as a Grade A committee and by extension juicy.
In a similar vein, Chairman, Senate Committee on Federal Capital Territory, Senator Dino Melaye, who is also a member of the committee told newsmen in Abuja that the upper chamber was set to resume the probe of the EFCC boss.

Not exact matches

«A federal capital markets regulatory framework would be applied consistently on a national basis and would not displace provincial securities commissions, which would still manage the day - to - day regulation of securities activities.»
Then «tapering» talk by the Federal Reserve caused U.S. bond yields to shoot up and draw back the capital that had earlier flowed into the emerging markets, putting more downward pressure on financial markets and currencies.
Should governments pull the plug on megaprojects like ITER, it wouldn't stop private - sector players like Burnaby, B.C. - based General Fusion Inc., a year - old startup by former Creo Inc. managers that has so far attracted about half the $ 50 million in venture capital and federal research funds it says it needs to demonstrate a kind of «magnetized target fusion» by 2013.
According to Congressional Budget Office estimates, enacting the bill would shrink the federal budget deficit by $ 175 billion by 2020, lift GDP by 5.4 % over the next 20 years, increase national productivity, balloon the workforce by about 5 % by 2033, raise the return on capital, and (although the CBO didn't put it this way) create a $ 46 billion windfall for entrepreneurs supplying security operations along the U.S. southern border.
If we assume the average federal tax rate on capital income is 25 per cent (most capital income is taxed in the higher 22 per cent, 26 per cent and 29 per cent tax brackets), this yields a revenue cost of $ 6.6 - billion, or 7 per cent of federal income tax revenues.
The credit card operations that are conducted under our arrangements with Capital One are subject to numerous federal and state laws that impose disclosure and other requirements upon the origination, servicing and enforcement of credit accounts and limitations on the maximum amount of finance charges that may be charged by a credit provider.
Returns are calculated after taxes on distributions, including capital gains and dividends, assuming the highest federal tax rate for each type of distribution in effect at the time of the distribution Past performance is no guarantee of future results.
Credit card operations such as our proprietary program through Capital One are subject to numerous federal and state laws that impose disclosure and other requirements upon the origination, servicing and enforcement of credit accounts and limitations on the maximum amount of finance charges that may be charged by a credit provider.
Although the income from municipal bonds held by a fund is exempt from federal tax, you may owe taxes on any capital gains realized through the fund's trading or through your own redemption of shares.
Despite the mainland's capital controls, its bond market joined the global market ructions on Thursday after the U.S. Federal Reserve surprised by saying it expected to hike interest rates three times next year, rather than the previously forecast two hikes.
Past achievements include building the case for deficit reduction in the 1980s and early 1990s, for consolidation of the Canada and Quebec Pension Plans in the late 1990s, a series of shadow federal budgets and fiscal accountability reports in that began in the 2000s, and work on marginal effective tax rates on personal incomes and business investment, which has laid the foundation for such key changes as sales tax reform, elimination of capital taxes, and corporate income tax rate reductions.
As reported in the Globe and Mail on October 31, federal Finance Minister Flaherty is reviving and polishing - up the Conservative Party's ill - conceived election proposal to end taxation of individual capital gains if the proceeds are re-invested.
The individual's net long - term gain on the sale of Investment A and Investment B would be $ 1,000, and only $ 238 would be incurred in federal capital gains taxes.
Based on these assumptions, we estimate the amount we expect to indefinitely invest outside the U.S. and the amounts we expect to distribute to the U.S. and provide for the U.S. federal taxes due on amounts expected to be distributed to the U.S. Further, as a result of certain employment actions and capital investments we have undertaken, income from manufacturing activities in certain jurisdictions is subject to reduced tax rates and, in some cases, is wholly exempt from taxes for fiscal years through 2024.
Our amended and restated bylaws further provide that no shares of our capital stock will be registered on the foreign stock record if the amount so registered would exceed the foreign ownership restrictions imposed by federal law.
NEW YORK (Reuters)- The Federal Reserve will not raise interest rates when it meets this week, but the U.S. central bank will include «hawkish no - hike language,» Jeffrey Gundlach, chief executive of DoubleLine Capital, said on Monday.
To comply with restrictions imposed by federal law on foreign ownership of U.S. airlines, our amended and restated certificate of incorporation and amended and restated bylaws restrict voting of shares of our capital stock by non-U.S. citizens.
Wynne also said Ontario is exploring its options, and monitoring how the federal government's new housing rules — which include stricter mortgage stress tests and closing a tax loophole on capital gains taxes for non-residents — will impact the housing market.
On Tuesday, Bank of America announced that after passing the Federal Reserve's latest stress test — an exercise implemented after the financial crisis that requires big financial institutions to prove they have the capital to sustain operations in a recession — it would raise its dividend to $ 0.48 per year.
Federal deposit insurance, since its birth in the 1930s, has meant that a comparatively risky bank (one with capital less adequate to cover potential losses on its asset portfolio) no longer faces a penalty in the market for retail deposits.
If you owned the house long enough, you're allowed to exclude up to $ 500,000 of this capital gain as income so you don't have to pay federal income tax on it.
In no particular order these included: a dysfunctional bankruptcy framework; an immature domestic capital market; withholding taxes on foreign capital; corruption (particularly at the state level — the Modi government has made progress at the federal level); policy and renegotiation risks (a number of legacy and high profile tax eases are yet to be resolved); land acquisition costs (and legal risks); and, the need for tax reforms.
These critics might cite myriad federal court decisions holding that an expectation of mere «capital appreciation» on a secondary market is sufficient to satisfy the Howey test.
For example, if one year you have $ 30,000 in retirement income (not including Social Security) and $ 5,000 in capital gains, you will pay a 6 % state tax on those capital gains, in addition to the 15 % federal capital gains rate.
Congressman Adam Smith (D - WA) will be joining us to discuss some of the very exciting state and federal public policy issues being bandied about both in Olympia and on Capital Hill in Washington D.C..
Both the Federal Reserve and the Office of the Comptroller of the Currency released proposals suggesting tailoring an enhanced supplementary ratio, while the latter has asked for comment on stress capital buffer amendments.
Adding insult to injury, the puny effective tax saving to those tax - filers from the capital gains partial inclusion (worth $ 7.50 in federal taxes at the 15 % marginal rate) was only half the effective savings pocketed by the top 1 % tax - filers (realized at a 29 % rate) on EACH $ 100 of their capital gains partial inclusion (which was then applied against a capital gains flow that was 600 times larger).
And because they're tax - free at the federal level, they appeal to wealthy investors who seek to protect their capital against possibly - rising income taxes, depending on which presidential candidate wins the election in November.
WASHINGTON (Reuters)- Federal Reserve Board Governor Lael Brainard on Thursday warned it was «premature» for regulators to revisit liquidity and capital requirements for the largest banks amid growing vulnerabilities in the economy.
WASHINGTON Federal Reserve Board Governor Lael Brainard on Thursday warned it was «premature» for regulators to revisit liquidity and capital requirements for the largest banks amid growing vulnerabilities in the economy.
On March 3, 2017, Federal Reserve Governor Jerome H. Powell spoke at the Weil, Gotshal & Manges Roundtable: «Blockchain: The Future of Finance and Capital Markets?»
MILESTONES: US / GLOBAL By Gordon Platt The US Federal Reserve wants foreign banks with large operations in the US to be subject to the same rules on capital and liquidity that apply to big US banks.
Mr. Macdonald singled out five federal tax measures as being the most inequitable to lower income people based on 2011 data — the dividend tax credit, partial inclusion of capital gains, the foreign tax credit, employee stock options and pension income splitting.
A related and even richer source of revenue for the federal government would be to tax the capital gain on houses or, to be more specific, principal residences.
Although the income from a municipal bond fund is exempt from federal tax, you may owe taxes on any capital gains realized through the fund's trading or through your own redemption of shares.
«For emphasis, let us restate the fact that on the basis of the statement obtained from the accused, the Police had issued a statement read publicly at the May 10 press conference in the state capital and there was no mention of their naming or implicating any top government official at the state or federal level.»
On the same day, at three important locations in the nation's federal capital territory, Abuja, three significant conversations were commencing all focused on the nation's economy, as they rightfully shoulOn the same day, at three important locations in the nation's federal capital territory, Abuja, three significant conversations were commencing all focused on the nation's economy, as they rightfully shoulon the nation's economy, as they rightfully should.
He also called for the restriction of Land Use Act only to the Federal Capital Territory on the basis of the fact that land had always been and should remain a residual matter for the State Houses of Assembly to legislate upon, hence the need for the Act to become Land Use Law of the States.
He added that: «On the 8th of May, 2018, the Inspector General of Police sent a letter to the President of the Senate, Federal Republic of Nigeria signed by the Commissioner of Police, Legal and Prosecution Department, explaining why he would not be appearing before the Senate on the 9th of May, 2018 due to legal restraint as a result of pending cases before the courts filed: (i) by Senator Dino Melaye against the IGP and the Nigeria Police Force in the High Court of the Federal Capital Territory, Abuja in suit NOn the 8th of May, 2018, the Inspector General of Police sent a letter to the President of the Senate, Federal Republic of Nigeria signed by the Commissioner of Police, Legal and Prosecution Department, explaining why he would not be appearing before the Senate on the 9th of May, 2018 due to legal restraint as a result of pending cases before the courts filed: (i) by Senator Dino Melaye against the IGP and the Nigeria Police Force in the High Court of the Federal Capital Territory, Abuja in suit Non the 9th of May, 2018 due to legal restraint as a result of pending cases before the courts filed: (i) by Senator Dino Melaye against the IGP and the Nigeria Police Force in the High Court of the Federal Capital Territory, Abuja in suit No.
A Federal Capital Territory High Court in Abuja has shifted the trial of Senate president, Dr. Bukola Saraki alongside with his deputy Senate President, Ike Ekweremadu on the alleged forgery of the Senate Standing Rules, which was initially scheduled to hold on Tuesday, June 21, 2016, has been postponed till Monday, June 27, 2016.
The MTA, specifically, relies on federal funding to pay for about 23 percent of its capital needs.
«What I believe here is that this gives the backing to the MTA and the Long Island Rail Road to stop payments, and as I've been reading in the news and hearing on the news is Amtrak, after the governor and our national representatives... have gotten together calling on Trump for federal funding, which I fully support, Amtrak came out and said that they have the money to do this fix,» said state Sen. Elaine Phillips, the bill's sponsor who also chairs the Infrastructure and Capital Investment Committee.
The Economic and Financial Crimes Commission, EFCC, on Thursday, May 17, 2018, arraigned one Yohana Margif, a suspected serial fraudster, before Justice C. O. Agbaza of the Federal Capital Territory High Court, sitting in Jabi, Abuja, on a 7 - count charge of conspiracy, forgery and fraud.
Alhassan stated this while addressing newsmen in Abuja on the present state of the recently released 82 girls said they are currently undergoing rehabilitation and reintegration processes in various medical facilities across the Federal Capital Territory, FCT.
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