Sentences with phrase «onerous tax»

Brazil is another interesting market because the government is trying to improve the efficiency of its tax collection processes, and the onerous tax code creates the need for enhanced information services and sophisticated software to automate the management of tax submissions.

They don't seem to think tax brackets exist, and that if you've crept into the top bracket, then all your income is subject to the onerous tax rate.

President Dilma Rousseff's new government is making efforts to pump life into South America's largest economy with record - low interest rates and an onerous tax on imported cars and auto parts to help protect the domestic auto industry.

«By reducing the onerous tax burden on small businesses, we give them a greatly enhanced opportunity to create jobs, prosper and grow our economy.

The reality is the rest of country doesn't want to be paying for NY's deductions anymore so why doesn't NY do something to reduce the onerous tax burden it puts on its citizens?

Today's report represents another step in that direction as we seek to simplify New York's antiquated and unnecessarily onerous tax code, and to ease the tax burden on families and businesses statewide.»

He also called the MTA payroll tax a very «onerous tax» and said he's open to finding a better way to fund the system.

This is an onerous tax that would negatively affect working families, many of whom commute to and from New York City every day.

Placing new onerous tax burdens on individual industries or sectors, many of which are already under great financial stress in this economy, is the wrong response.

The most obvious disadvantage for family offices headquartered in California is the onerous tax environment there.

He also infamously moved IKEA and his family out of Sweden in the 1970s to avoid its onerous tax rates.

Their subjects cited five: insufficient access to capital; difficulty finding people with the right skills; immigration policies that keep talent out; onerous taxes and regulations; and economic uncertainty.

That's largely because employers and workers don't have to contend with onerous taxes, insurance, and other fees slapped on everything they do.

This is not supposed to be «Animal House» — the tariff was around $ 185 / day plus all those onerous taxes.

As a state senator, Lee has proven himself to be a man of his word, fighting tirelessly to uphold those values and fulfill his campaign promises — cutting onerous taxes and fees, creating jobs and protecting our veterans.»

For example, mineral exploration is risky enough without the threat of expropriation or onerous taxes.

In Florida a ballot initiative to remove onerous taxes on solar installations passed, while another Trojan Horse ballot attack on the state's solar industry was stopped dead in its tracks.

Not exact matches

Mainland companies heading offshore could find the requirements onerous because they lack experience in the area, according to EY tax partner Travis Qiu.

As investor Salil Deshpande of Bain Capital Ventures describes it in a new Medium post about the outfit, this last scenario alone is a huge opportunity, given that «regulatory, tax and legal issues make it onerous and costly for cryptotraders to trade with fiat, and many crypto exchanges do not even offer the ability to use fiat.

Even a relatively mundane corporate tax return for a Canadian corporation with a few dozen employees and domestic operations can easy run into 100 pages, and frankly our tax legislation and compliance obligations are far less onerous than those of our US cousins (by way of example, our Tax Act is one phone book, the IRC is three, of more or less inpenetrable gibberistax return for a Canadian corporation with a few dozen employees and domestic operations can easy run into 100 pages, and frankly our tax legislation and compliance obligations are far less onerous than those of our US cousins (by way of example, our Tax Act is one phone book, the IRC is three, of more or less inpenetrable gibberistax legislation and compliance obligations are far less onerous than those of our US cousins (by way of example, our Tax Act is one phone book, the IRC is three, of more or less inpenetrable gibberisTax Act is one phone book, the IRC is three, of more or less inpenetrable gibberish).

With a high corporate tax rate, an onerous regulatory environment and a populist tilt to the political debate emphasizing equality over growth the US is not, in my opinion, moving in the right direction.

Park commissioners say they are just seeking to overcome onerous village liquor regulations, but Geils says the move would rob the village of taxes it needs to fight O'Hare expansion and place the land in the jurisdiction of DuPage County, which supports the airport project.

Paladino, of course, is doing just that today, trying to put the ugliness of last week's personal attacks behind him by refocusing on policy with a new Web video that talks about eliminating taxes that are onerous on businesses.

«Instead of new special interest tax credits and even more spending, Senator Gillibrand should get some common sense and support the repeal of this onerous Obamacare tax,» Long said in a statement.

Cox goes on to say the governor should be focusing on ending the onerous mandates on local governments, consider tax reductions and education and pension reforms.

For our local businesses, Main Streets, and residents to thrive, we need to reduce onerous mandates and taxes, and that clearly won't happen while George Amedore is a Senator.»

And yes it does mean looking at tax again but also, a freer labour market, the hiring and firing proposals to make sure that young people aren't turned away from jobs because of the very onerous social employment protection legislation in this country, so we should say to the Liberals on things like that which they are blocking, «Listen we are in a real hole now.

She said she would amend the state's 2 percent cap on property tax increases — «if a locality itself wants to raise taxes on itself to pay for education, I think we shouldn't make that so onerous» — and backed the Assembly's plan to raise taxes on New Yorkers reporting more than $ 5 million in income.

«This overall situation once again underscores the need to work even harder at the state level to provide new and ongoing tax relief to middle class families, starting with balancing our budget without any tax increases, lowering onerous energy taxes for seniors and other homeowners, and making the successful two percent property tax cap permanent,» Flanagan said.

Ashcroft and the Tories have refused to answer questions about when Ashcroft fulfilled the less onerous task of declaring himself a long - term resident, which allowed him to continue to be a «non-dom» paying tax only on his UK earnings and avoiding giving tens of millions of pounds to the tax office on his substantial international estate.

If budgets are statements of values, Gov. Andrew M. Cuomo clearly values the fight he is waging against a federal tax bill he views as both onerous and directed at states like New York.

«If allowed to go forward, this onerous bag tax would have hurt low - and middle - income residents the most, making it even more difficult to make ends meet in what is already the most expensive city in the world,» Flanagan said

«If allowed to go forward, this onerous bag tax would have hurt low - and middle - income residents the most, making it even more difficult to make ends meet in what is already the most expensive city in the world,» Flanagan said in his statement.

Still left to be resolved is a property tax cap and rent control for New York City, both onerous and tricky issues.

The tax cap campaign appears to be an effort by the governor to counteract criticism from local officials that the cap doesn't provide enough wiggle room when it comes to onerous state mandated spending.

But the coalition says that now the 2 percent tax cap is in place — and the Cuomo administration's Mandate Relief Task Force hasn't made significant strides in scaling back onerous requirements — it's time to force the issue.

Eliminated the onerous MTA payroll tax on 700,000 small business and self - employed taxpayers.

Natalie Miller, President of the ATT, said: «The Association has previously drawn attention to the increasingly onerous conditions to be met by sports clubs to qualify for tax relief.

«Our neighbors are being forced from their homes, our businesses are burdened with onerous mandates and tax burdens and our schools are missing out on essential resources.

But Kellerman said the proposal, along with the language requiring the city to provide full capital funding for the subway and bus systems, «are an attempt to impose an onerous cost shift onto New York City residents and businesses, who already pay an estimated 72 % of MTA dedicated taxes and subsidies.»

Will they collectively do the heavy lifting to convince their county legislators that the clawback of some $ 2 million annually in sales tax cash would be, though a good thing for the county, onerous for the towns and city?

It has the highest cost - of - living, the highest taxes, the most onerous regulations, one of the worst systems of public education, congested freeways and failing infrastructure.

California may have earthquakes, high unemployment, suffocating taxes and onerous environmental and business regulations, but the state enjoys some of the best weather in the country, and is the center of the country's, if not the world's entertainment industry.

But tax - savvy advisors are staying busy in a new year reaching out to clients warning them that such conversions can no longer be reversed, or «recharacterized,» if tax liabilities later turn out to be too onerous.

Record - keeping also tends to be more onerous, both for tax purposes and for keeping your minute book (legal records) up to date.

But they feel hampered by onerous deferred sales charges (DSCs) as well as capital gains taxes in their non-registered accounts.

However, if you wish to pass on a financial legacy to your family, New Jersey's onerous estate taxes may concern you greatly while you're still breathing.

Bonds should be part of just about every portfolio, but if you have to hold them in a non-registered account the tax consequences can be onerous.

Some of the benefits of New Zealand are: # Max tax rate of 33 % # No Capital Gains Tax # No medicare levy # No medicare levy surcharge or onerous rules forcing families to take out expensive private health insurance # No stamp duty # No land tax rate of 33 % # No Capital Gains Tax # No medicare levy # No medicare levy surcharge or onerous rules forcing families to take out expensive private health insurance # No stamp duty # No land Tax # No medicare levy # No medicare levy surcharge or onerous rules forcing families to take out expensive private health insurance # No stamp duty # No land taxtax

This is much better (tax-wise) than having to take the entire sum all at once and pay tax on it, or the onerous five - year distribution rule that can come into effect if things aren't done properly.