Sentences with phrase «over the luxury tax»

If they'd kept him with a maximum contract, they would've had trouble securing the kind of talent needed to surround him, given the constraints of the 2011 CBA and hefty new penalties for teams that go over the luxury tax.

They're also currently slated to be well over the luxury tax in 2013 - 14, a threshold owner Jerry Reinsdorf has been reluctant to cross even before the harsher penalties kick in.

Worse, if teams were over the luxury tax in four of the past five years, they have to pay an additional dollar for each dollar spent as a repeat offender.

The Bulls will absolutely move that salary in a heartbeat if they can, especially considering owner Jerry Reinsdorf's long insistence on refusing to go over the luxury tax.

The Raptors elected not to bring him back because they were too far over the luxury tax after re-signing Kyle Lowry and Serge Ibaka.

For any small market team, the proposition of getting stuck over the luxury tax threshold and being forced to pay the league's punitive tax repeater rate is a scary one.

The Nuggets are over the cap, but not over the luxury tax.

Not exact matches

However, stars Joe Johnson and Al Horford combine to make over $ 33 million in 2013 - 14, close to half of what the current luxury - tax level is.

Oklahoma City will be millions over the salary cap next season... and may pay nearly that same amount in luxury tax, too.

Considering you can go over the Cap and still not pay Luxury tax.

Unless they trade away a couple of their starters, the Wizards will be significantly (and I mean WAY, WAY) over the salary cap — and as it stands right now assuming both Meeks and Jason Smith exercise their player options (and they'd be fools not to), and the Wizards pick up the option on Kelly Oubre (and they'd be fools not to), the Wizards guaranteed salaries for 10 players + cap holds for their first round pick and the Taxpayer Mid-Level Exception will put them OVER THE PROJECTED LUXURY TAX LINE by at least $ 8 Millover the salary cap — and as it stands right now assuming both Meeks and Jason Smith exercise their player options (and they'd be fools not to), and the Wizards pick up the option on Kelly Oubre (and they'd be fools not to), the Wizards guaranteed salaries for 10 players + cap holds for their first round pick and the Taxpayer Mid-Level Exception will put them OVER THE PROJECTED LUXURY TAX LINE by at least $ 8 MillOVER THE PROJECTED LUXURY TAX LINE by at least $ 8 Million.

Already at $ 186 million in commitments, some quick math suggests that the Dodgers are already over said threshold before you even count their pre-arb and arb - eligible salaries — there's a hefty annual cost for team medicals that applies against the luxury tax threshold that's likely already thrown Los Angeles over the limit.

Also at 11 a.m., Alliance for Tenant Power tenants and members rally against the renewal of what they desribe as «the 421a tax giveaway or any other subsidies that favors luxury developments over affordable housing,» near One57, 57th Street and Fifth Avenue, Manhattan.

Options fitted to the 320i on test totalled over $ 10,000 worth, lifting the nominal purchase price from $ 61,900 to $ 72,021, which is still free of Luxury Car Tax.

Under the new GST, large luxury cars and SUVs with engine capacity of over 1,500 cc are slated to attract a 15 per cent cess over and above peak rate of 28 per cent, thereby bringing down the overall tax incidence compared to around 50 per cent under the previous taxation system.

Luxury car tax is a tax of 33 % imposed on luxury cars over the luxury car tax threshold, which is indexed annLuxury car tax is a tax of 33 % imposed on luxury cars over the luxury car tax threshold, which is indexed annluxury cars over the luxury car tax threshold, which is indexed annluxury car tax threshold, which is indexed annually.

If you spend your tax refund on luxury goods, use it to repay a friend or family member, or pay off a credit card or other unsecured debt, you may trigger an objection from the trustee, and be required to turn over your tax refund, even if you HAVE spent the money.

Without going into the details, the Greenhouse Development Rights Framework (GDR) proposal foresees levying the equivalent of a climate «consumption luxury tax» on every person who earns over a «development threshold» of $ 9,000 per year.