Sentences with phrase «other tax years»

If you did not own at least 10 percent of the property, you can not deduct passive losses from anything other than passive gain, although you are still allowed to carry the loss backward or forward into other tax years.

If you do not have passive gains, you can carry the passive loss backward or forward to other tax years in which you do have passive gains to offset.

You can start claiming the credit in the tax year before the tax year in which the plan becomes effective, and you may carry it back or forward to other tax years if you can't use it in the current year.

There are no limits or restrictions on the amount of capital or operating losses that a corporation may carry forward or backward to other tax years.

The spokesman said the company paid billions of dollars in income and other taxes every year across the US.

Not exact matches

The European Commission ruling wraps up a three - year long investigation into whether Amazon received an unfair advantage based on a 2003 Luxembourg tax ruling which allows an Amazon subsidiary to pay less tax there than other companies.

Labour has said it will raise income taxes on people earning more than # 80,000 ($ 103,152) a year, promising no increases for the other 95 % of taxpayers.

People with investments in stocks, bonds and other securities can donate those that have appreciated in value that they've held for at least one year, resulting in significant income - tax savings.

Not only did he help us lay out a plan (which allowed us to meet year - end tax obligations), he pointed out several other items on our return where we had been missing out on an opportunity to save.

That could prove a difficult task, as tax - writing committees have not yet introduced a bill and lawmakers face multiple other deadlines before the end of the year.

The aluminum - cased N1, which runs on Google's Android Lollipop operating software but features Nokia's new Z Launcher intelligent home screen interface, is due to be in stores in China in the first quarter of next year for an estimated price of $ 249 before taxes, with sales to other markets to follow.

Canopy's earnings before interest, tax and other items was a loss of $ 7.1 million, compared to a loss of $ 1.4 million during the same period a year ago.

This year will obviously be dominated by the implications of Equifax scandal, but don't lose track of the other numerous scams that arise every tax season.

Among other things, qualifying investors can get tax relief equal to 30 % of the cost of those shares, to be set against their income taxes owing for the year during which the shares were purchased.

If the 8,000 Canadians who received stock options as part of incomes over $ 250,000 paid taxes on this money at the same rate as the rest of their income — treating executive compensation the same way you treat the income of any other working stiff — it would have raised $ 337 million for federal coffers in 2009, a down year for options.

He said the company failed to properly pay his taxes on his behalf, made unauthorised loans, and overpaid for «security and other services,» costing him «tens of millions of dollars» and leading to financial trouble, of which he claims to have only become aware of in March of last year.

The concern some people have is that children will end up living for years in a local community, where they'll be entitled to education and other government services paid for with tax dollars.

Earnings before costs like tax, interest, and other deductibles were $ 237.3 million — 90 % of the total earned last year and 418 % more than the previous quarter.

There were, among others, the debt ceiling standoff - cum - rating downgrade of 2011 and the fiscal cliff scare of late 2012, followed by awfully - timed tax hikes and spending cuts earlier this year.

Some people believe it is a result of year - end tax considerations, while others say it's because all the market pessimists are away on holidays or because people are buying stock in anticipation of the January effect.

There are taxes to catch up with, year - end bonuses to figure out and a flurry of other activities, both personal and professional.

Teva, for its part, is headquartered in Israel, though of the three companies, it stands to gain the biggest tax benefit if its proposed acquisition is successful: The company said that buying Mylan would allow it to reap $ 2 billion per year in tax savings and other «cost synergies.»

The federal government will begin cutting the age pension in three years, reduce disability and other welfare payments immediately, and slash back family tax payments, while holding out the prospect of income tax cuts within five years, Tony Abbott has pledged.

The monthly fiscal monitor report says revenues were up $ 14.1 billion, or 5.3 per cent, compared with a year ago, boosted by increases in tax revenues and other revenues.

Taking some time during the year to get, and stay, financially organized can really pay off the next time tax season, or some other big financial occasion, comes around.

Because of years of losses in the past, through what's called deferred tax assets, Delta and some other airlines don't pay taxes.

Puerto Rico fell into recession in the mid-2000s, some ten years after a tax break that once lured manufacturers and other commercial activity expired.

Excluding the tax benefit and other one - time items, its adjusted profit increased marginally to $ 304 million or 54 cents per share, up from $ 303 million or 53 cents per share in last year's third quarter.

The airlines join a host of other companies such as AT&T (t), Boeing (ba) and Wells Fargo & Co (wfcnp) promising to pay bonuses or invest more in training after the biggest overhaul of the U.S. tax code in 30 years, which cuts the corporate tax rate.

If you're leaving for only a year, it's probably not worth the hassle to change your tax status, but you will need to make plans for your RRSPs and other investments.

«We will fight to defend them because they are about the health and economic security of America's working families, and we will not use Medicare and Medicaid and Social Security as an ATM machine for the Republicans to give tax breaks to their wealthy friends and corporate America,» House Minority Leader Nancy Pelosi said at her year - end press conference, signaling that Democrats would not support cuts to Social Security and other entitlements.

Some said it would be from tax cuts (unlikely to pass this year), others said it would be from infrastructure spending (also unlikely), and then there were those like Buiter who saw a trade war as the biggest threat.

This minimum tax rule, which exists in other states as well, means that if your company generates no income in a given year, you must use your personal finances to pay the fee.

TIPRA also creates an opportunity for retirees and other people with low taxable income to wait until years 2008 to 2010 to sell appreciated securities when the capital gains rate drops to zero percent, thereby eliminating a capital gains tax liability.

Businesses providing coverage must comply with the 90 - day waiting period limit that goes into effect next year, and to taxes associated with the ACA, among other regulations, according to Marathas, who suggests businesses get professionals to help them with the law, such as a «solid broker» and a lawyer who understand and take seriously the ACA.

Companies get to shift part of medical costs and other expenses to their employees, while reducing their employees» own costs and year - end tax bills.

Two years following the 2011 election, it turns out the now majority Conservative government are the ones upping the tax on electronics and numerous other products.

Coveris generated US$ 966 million in revenue last year and US$ 128 million in adjusted earnings before taxes and other expenses (EBITDA).

Zhou says the company is working on a tax loss harvesting service, which will be a way for users to realize a loss on their (taxable) accounts in order to offset gains in the new fiscal year, but declined to discuss any other paid features in the works or WiseBanyan's financials.

Trump's team, on the other hand, estimates that under his tax plan, the economy will average 3.5 % growth over the next ten years and create 25 million new jobs.

In the meantime, low commodity prices are a windfall for many companies in Europe, Japan and the U.S. Metals and other raw materials are at their lowest in years, which is the equivalent of a massive tax break for the construction and manufacturing sectors.

But more than anyone, Mr. Schäuble has come to embody the consensus that has helped shape European economic policy for years: that the path to sustained economic recovery for financially troubled countries is to slash spending, raise taxes when necessary and win back the trust of bond markets and other investors by displaying commitment to fiscal prudence — even if that process imposes deep economic pain as it plays out.

Growth in other revenue sources, such as Corporations Tax and Mining Tax, can differ significantly from growth in nominal GDP in any given year, due to the inherent volatility of business profits as well as the use of tax provisions, such as loss carryiTax and Mining Tax, can differ significantly from growth in nominal GDP in any given year, due to the inherent volatility of business profits as well as the use of tax provisions, such as loss carryiTax, can differ significantly from growth in nominal GDP in any given year, due to the inherent volatility of business profits as well as the use of tax provisions, such as loss carryitax provisions, such as loss carrying.

After backing out tax loss trades and others to meet liquidity needs, the study found that the purchased stocks underperformed the sold stocks by 5 % over one year and 8.6 % over two years.

To New Jersey folks, that's a huge subsidy - the state collects around $ 2.5 billion in corporate taxes each year, so they're offering Amazon about 14 percent of the taxes paid by other businesses for the next two decades.

The Democratic - aligned economist Austan Goolsbee says there's a wrinkle in the new tax package that might make those numbers even worse: the individual tax cuts are set to expire after several years, and along with other tax changes, could mean higher taxes down the road for many lower - and middle - income people.

Therein lies the dilemma of the 401k contributor who can't max out his or her account every year, and who therefore doesn't have excessive after tax savings for liquidity and other purchases.

It's highly unlikely that 2014 will be nearly as big a year for stocks, but it could be a good year for job growth if Congress will take action — invest more in badly - needed transportation and other infrastructure projects, approve immigration reform and tackle tax and entitlement reform.

Like other corporate and individual taxpayers, the amount of income taxes paid each year will vary based on the level of income subject to tax.

The Taiwanese electronics manufacturer Foxconn last year persuaded Wisconsin to offer more than $ 4 billion in tax credits and other inducements to build a new plant.