But we tax
on a cash basis for personal returns so we need to have a corporate income tax to get at the profits that a corporation has.
Sadly, states only
balance on a cash basis, which means if they have a penny left in the till at the end of year, they are balanced.
«You still come out
even on a cash basis if what you take in stock is equivalent to your profit margin,» she says.
The first involves the sale of an asset to a purchaser on a deferred basis and the subsequent sale involves sale of the asset to a third
party on a cash basis.
«The appropriation is
on cash bases so you can not compare the two and draw the conclusion that we broke the law,» he asserted.
So if you change currency at the hotel, airport, through local merchants or tourist
traps on a cash basis, you can be charged more.
Though states have to run balanced budgets (
largely on a cash basis), that says nothing about pensions and other long - dated promises.
You need to be analyzing on a
cash on cash basis because this gives you a true valuation of the investments versus others.
Understanding your marginal tax rate will give you a realistic view of how much that raise or bonus is actually going to be
on a cash basis for you.
Even if they have to go through bankruptcy, when they start over, they might want to cut expenses and start saving and
living on a cash basis.
Your Fidelity Annual Valuation Statement reports your plan's assets
on a cash basis rather than an accrual basis.
Capital expenditures are also included
on a cash basis in the Main Estimates but are accrued in the Budget.
Volume II of the Public Accounts are
primarily on a cash basis, comparing the Estimates approved by Parliament to what was actually spent.
The Liberals sold the first of their infrastructure program by saying that the money, $ 11.3 billion of which was
committed on a cash basis between April 2016 and this Saturday, would grow the economy by 0.2 per cent in the first 12 - months and then by 0.4 per cent in the ensuing 12 months.
TJX records the repurchase of its
stock on a cash basis, and the amounts reflected in the financial statements may vary from the above amounts due to the timing of settlement of repurchases.
There are forecasts of oil prices falling to $ 20 a barrel, which is certainly possible, but at that level a decent amount of crude oil is losing
money on a cash basis, so we would likely see a stronger supply response than we have seen so far.
In the first quarter of 2018, capital
expenditures on a cash basis were $ 326 million, compared to $ 334 million in the prior - year period.
It's true that, you know, as whole our Other Bets are not yet profitable, but some of them are, including
Verily on a cash basis and increasingly so.
The decrease was primarily a result of placing Orianna and
Daybreak on a cash basis in Q3 - 17 and therefore, recording no Orianna or Daybreak revenue in Q4 - 17.
I'm relatively certain that most states and municipalities have to balance their
budgets on a cash basis, not an accrual basis.
Tuition has risen too much to allow most people to be able to pay for
college on a cash basis, so many students turn to loans to make up the difference.
Obviously it eliminates your debts but Dana also said it changed her internal programming so that she is
now on a cash basis she pays for everything upfront and not having to worry about debt makes her life a lot less stressful.
In addition, a NextShares fund may require purchases and redemptions on a given business day to be made
entirely on a cash basis.
It therefore enters into a forward contract with its financial institution to sell 2 million bushels of corn at a price of $ 4.30 per bushel in six months, with
settlement on a cash basis.
Further, in Company transactions are
not on cash basis and hence process of release payment via banks takes a week team»
The costs of legal aid administration reduced by # 3.1 million, when
calculated on a cash basis; although total administration costs rose by # 3.3 million, largely due to the development of the widely criticised CCMS system for civil applications and bill processing, which will now not become mandatory until February 2016.
If the books are
kept on a cash basis (as partnerships and most LLCs are required to do), the accounts receivable must be discounted for the income tax liability that will be incurred when the revenues are collected.