Sentences with phrase «part of the sales tax»

Legal paperwork for the extension says the two parts of the sales tax bring in $ 273 million a year.

As an added bonus to business owners, Frisco uses part of its sales tax revenue to fund economic development of both large and small companies.

Real estate services were part of the sales tax in the state from 1987 to 1988.

Not exact matches

The program is part of the national Streamlined Sales Tax Project, or SSTP, which is designed to simplify and modernize sales and use tax collection and administraSales Tax Project, or SSTP, which is designed to simplify and modernize sales and use tax collection and administratiTax Project, or SSTP, which is designed to simplify and modernize sales and use tax collection and administrasales and use tax collection and administratitax collection and administration.

As part of that sales effort, Trump on Wednesday welcomed to the White House seven representatives of companies that have passed on the benefits of the tax law to their employees.

Part of this might be the company's desire to avoid having a legal connection to certain states, so it doesn't have to collect sales tax.

Cuts to the highest per - capita spending in Canada will doubtless be part of the budget Premier Alison Redford unveils on March 7, but a shortfall on the revenue side, namely oil and gas royalties, has prominent Albertans calling for a more stable source of funding: a provincial sales tax.

Critics of a sales tax, like Richard Truscott, Alberta director of the Canadian Federation of Independent Business, point out that sales - tax freedom is part of Alberta's brand.

As part of the new TCJA, access to favorable capital gains tax rates now demands a three - year holding period; previously, an investor needed only to maintain his or her position in the startup for 12 months to qualify for a lower rate on an eventual sale.

THE impact of a goods and service tax on property prices may be part of a driving force behind the increased levels of residential property sales, especially in the luxury bracket.

This discussion also does not consider any specific facts or circumstances that may be relevant to holders subject to special rules under the U.S. federal income tax laws, including, without limitation, certain former citizens or long - term residents of the United States, partnerships or other pass - through entities, real estate investment trusts, regulated investment companies, «controlled foreign corporations,» «passive foreign investment companies,» corporations that accumulate earnings to avoid U.S. federal income tax, banks, financial institutions, investment funds, insurance companies, brokers, dealers or traders in securities, commodities or currencies, tax - exempt organizations, tax - qualified retirement plans, persons subject to the alternative minimum tax, persons that own, or have owned, actually or constructively, more than 5 % of our common stock and persons holding our common stock as part of a hedging or conversion transaction or straddle, or a constructive sale, or other risk reduction strategy.

Sellers may have to pay an unanticipated part of the sales proceeds to the tax assessor.

The front page of Fridayâ $ ™ s National Post reported, «The Conservatives will encourage the five provinces that do not have harmonized sales taxes — Ontario, British Columbia, Saskatchewan, P.E.I. and Manitoba — to take part by setting up a $ 5 - billion trust fund that would compensate them for lost revenue over the phase - in period.»

The best part about having the results is that now we can move on from the narrow issue of what type of sales tax is better and focus our energies on some of the bigger issues -LSB-...]

As part of this reform effort, Ottawa originally proposed a national value - added tax that would merge the new federal sales tax and the provincial retail sales taxes.

It does not discuss all aspects of U.S. federal income taxation that may be relevant to particular holders in light of their particular circumstances or to holders subject to special rules under the Code (including, but not limited to, insurance companies, tax - exempt organizations, financial institutions, broker - dealers, partners in partnerships (or entities or arrangements treated as partnerships for U.S. federal income tax purposes) that hold HP Co. common stock, pass - through entities (or investors therein), traders in securities who elect to apply a mark - to - market method of accounting, stockholders who hold HP Co. common stock as part of a «hedge,» «straddle,» «conversion,» «synthetic security,» «integrated investment» or «constructive sale transaction,» individuals who receive HP Co. or Hewlett Packard Enterprise common stock upon the exercise of employee stock options or otherwise as compensation, holders who are liable for the alternative minimum tax or any holders who actually or constructively own 5 % or more of HP Co. common stock).

Some $ 24 million in cuts are due to a new 2 percent handling fee the state is charging local governments for managing sales tax revenue, a part of the transit agencies» funding, according to the Tribune.

In the article, the MSM propagandist states such things as: 2017 has seen, according to his one time Goldman Sachs source, a «dramatic crash in [physical gold coin] demand,» that interest in gold coins is linked to «political conservatism, or anarcho - libertarianism» and «end of the world right wing sentiments,» that gold has been implicated in a «conspiracy to commit money laundering,» that gold is «financed by people in the narcotics trade,» that it comes from «illegal mines and drug dealers in Peru, Bolivia and Ecuador,» that «the federal authorities assume the NTR Metals [case] represented only a fraction of illegally sourced and financed gold,» that therefore the US attorney is broadly investigating the gold industry, that gold is «produced by exploited workers,» that «crude [gold] extraction techniques create serious and lasting environmental damage,» that gold plays an important part in «tax evasion,» that it is related to American gun sales, which the author abhors; that «drug dealers [use] gold imports as a way of laundering their proceeds,» and that «they came to realize that illegal gold [is] an intrinsically better business» than drug dealing; to name but a few of the aspersions cast against gold in the short article.

The other sales were part of our ongoing tax - trading strategy, and in these instances, we elected to invest funds elsewhere after we had completed the front - end tax - trade sales.

Best for: People 63 or older who anticipate realizing capital gains or perhaps an installment sale (from the sale of a business for example) who could spread the realization of income out over more than one tax year to stay under the Medicare Part B threshold.

How you categorize certain parts of the sale price can mean lower taxes.

It would add a 1 % tax to all home sales, 5 % additional taxes to high wage earners (as part of his endless class warfare program), and more taxes.

The difference might seem only technical in income taxation, but it is more practical with regard to sales, excise and property taxation, where nonprofit organizations enjoy important insulation from governmental imposts and oversight by virtue of their not being a legitimate part of the tax base.

§ 47:305.67 provides that the state sales and use tax shall not apply to the consumer purchase of breastfeeding items, including breast pumps and accessories, replacement parts, storage bags and accessories, and nursing bras.

A proposal by Cuomo to expand sales tax collections on online purchases is not expected to be part of a state budget agreement, according to state Sen. Phil Boyle and other legislative officials.

Aetna, the insurance giant founded in Hartford, Connecticut, where it has been for the past 164 years, announced that it would move its headquarters to New York City, due in part to nearly $ 10 million worth of property and sales tax credits, among other benefits.

The measure itself means about $ 12 million revenue for the state, but the repeal of the sales tax was considered as part of the state budget approved in April.

Taxpayers will be able to deduct a limited amount of state and local income or sales taxes on their federal returns as part of the deal between Senate and House Republicans to finalize a major tax overhaul, Rep. Kevin Brady, R - Texas, said Thursday.

In what appeared to be an attempt to force the Senate's hand, the Assembly on Monday included a two - year mayoral control extension as part of an omnibus bill that also extended several sales and other taxes for local governments around the state.

Sponsors of a bill to legalize marijuana held a forum that in part focused on the nuts and bolts of how to implement a system that would permits sales and impose taxes on the drug.

Sponsors of a bill to legalize marijuana held a forum that in part focused on the nuts and bolts of how to implement a system that would permit sales and impose taxes on the drug.

As part of reducing our utility bills, can NY please exempt these bills from sales tax?

Governor Cuomo proposed Innovation Hot Spots: Ten higher education / private sector high - tech incubators will be selected through a competitive process that fosters innovation by offering inventors and entrepreneurs support to grow their businesses and to be part of a tax - free zone, where start - ups will not be subject to business, real property, and sales taxes.

ALBANY — Lawmakers completed one of the latest budgets in New York State history on Tuesday night, passing a last piece of legislation that will raise an additional $ 1 billion — in part by increasing taxes on the sale of clothing and on a variety of businesses.

SYRACUSE, N.Y. - Onondaga County Executive Joanie Mahoney is expected to make a case at Tuesday's «State of the County» address that sales taxes are a growing part of county revenue and a driving force behind project choices.

While heaping plates of rehash were served up, Cahill did make the point that in his estimation Hein has more than enough in surplus stashed away to easily weather the estimated $ 6 million hit the part - year loss of a percentage point on the sales tax will cost the county.

Schiliro: Says EPCAL should be part of the Startup New York program, which gives businesses a 10 - year exemption on property taxes and sales taxes if they locate there.

Three Erie County legislators with the Republican - supported majority voted last week against extending Erie County's additional 1.75 percent additional sales tax, part of the 8.75 percent sales tax all county residents pay that must be reauthorized every two years.

The Connecticut Conference of Municipalities, an association that represents most of Connecticut's towns and cities, is hoping a 1 percent sales tax increase will be part of any budget agreement reached by state lawmakers.

Lawmakers agreed in 2016 to make a small cut to the sales tax as part of a deal to raise the gasoline tax.

Miscellaneous tax changes reported to be part of the package include several priorities of the business community, including: a favorable change in how the securities industry allocates its receipts for tax purposes, from the address of the firm to the address of the customer; an updating of a sales tax exemption for capital purchases by the telecommunications industry; a reduction in the ton - mileage tax; a rate reduction for small businesses; and creation of an investment tax credit for the securities arms of insurance companies.

In August, a Murphy campaign spokesman specifically said a sales tax hike was «not part of our proposal.»

A report released by the city Independent Budget Office has raised questions about the potential effects of the so - called «mansion tax,» a proposed part of Mayor Bill de Blasio's affordable housing strategy that would levy a 2.5 percent surcharge on the sale price over a threshold of $ 2 million for residential properties.

Part of the reason is that sales tax collections are weaker than expected, down 3.7 percent in the first quarter of 2015 compared to 2014.

But another recommendation by Assembly Majority Leader Paul Tokasz suggests that counties give up one percent of their existing sales tax as part of a total state take over of Medicaid costs.

The task force report led to passage of one of the most comprehensive efforts yet to address shortages, including the adoption of a statewide half - cent sales tax increase that was used, in part, to raise teacher salaries by an average of $ 8,000.

The appropriation for the Standards of Quality for Public Education (SOQ) includes amounts estimated at $ 348,900,000 the first year and $ 361,100,000 the second year from the amounts transferred to the general fund from the Public Education Standards of Quality / Local Real Estate Property Tax Relief Fund pursuant to Part 3 of this act which are derived from the 0.375 cent increase in the state sales and use tax levied pursuant to § 58.1 - 638, Code of VirginTax Relief Fund pursuant to Part 3 of this act which are derived from the 0.375 cent increase in the state sales and use tax levied pursuant to § 58.1 - 638, Code of Virgintax levied pursuant to § 58.1 - 638, Code of Virginia.

Faced with a massive shortfall in revenue because of the recession, then - Democratic Gov. Bev Perdue asked Republican leaders to extend part of a temporary 1 - cent sales tax increase to maintain education funding.

The article centers around the Hedge Clippers outing donors who they claim made undisclosed contributions in 2012 as part of a «dark - money» scheme to defeat Prop 30, an initiative that raised income taxes on the richest Californians and sales tax on all Californians.

«Indian Auto Makers Seek Tax Relief as Sales Fizzle» is part of the paid WardsAuto Premium content.