[3] Accordingly, this approach will provide an upper limit of the first - quarter
price effect of the tax changes, because it does not take into account the downward influence on prices from reduced transport costs and the removal of WST at intermediate stages of production.
The net tax effect on the private - sector goods and services measure may be somewhat larger, since a greater proportion of the CPI basket is excluded, for which the net
price effect of the tax changes is also expected to be negligible.
Not exact matches
Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability
of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost
of accommodating, announced increases in the build rates
of certain aircraft; 6) the
effect on aircraft demand and build rates
of changing customer preferences for business aircraft, including the
effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result
of global economic uncertainty or otherwise; 8) the
effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution
of key milestones such as the receipt
of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation
of our announced acquisition
of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future
pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability
of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk
of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production
of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts
of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak
of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact
of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase
price for our announced acquisition
of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the
effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the
effect of changes in
tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other thin
tax law, such as the
effect of The
Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other thin
Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations
of or guidance related thereto, and the Company's ability to accurately calculate and estimate the
effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability
of raw materials and purchased components; 23) our ability to recruit and retain a critical mass
of highly - skilled employees and our relationships with the unions representing many
of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment
of interest on, and principal
of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness
of any interest rate hedging programs; 28) the effectiveness
of our internal control over financial reporting; 29) the outcome or impact
of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition
of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result
of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks
of doing business internationally, including fluctuations in foreign current exchange rates, impositions
of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
In the opinion
of the Company's management, adjusted book value per share is useful in an analysis
of a property casualty company's book value per share as it removes the
effect of changing
prices on invested assets (i.e., net unrealized investment gains (losses), net
of tax), which do not have an equivalent impact on unpaid claims and claim adjustment expense reserves.
Seattle's City Council on Friday released new draft legislation that would
tax large employers in order to raise $ 75 million next year to counter the
effects of rising rents and house
prices.
Such risks, uncertainties and other factors include, without limitation: (1) the
effect of economic conditions in the industries and markets in which United Technologies and Rockwell Collins operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity
prices, interest rates and foreign currency exchange rates, levels
of end market demand in construction and in both the commercial and defense segments
of the aerospace industry, levels
of air travel, financial condition
of commercial airlines, the impact
of weather conditions and natural disasters and the financial condition
of our customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization
of the anticipated benefits
of advanced technologies and new products and services; (3) the scope, nature, impact or timing
of acquisition and divestiture or restructuring activity, including the pending acquisition
of Rockwell Collins, including among other things integration
of acquired businesses into United Technologies» existing businesses and realization
of synergies and opportunities for growth and innovation; (4) future timing and levels
of indebtedness, including indebtedness expected to be incurred by United Technologies in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including in connection with the pending Rockwell Collins acquisition; (5) future availability
of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope
of future repurchases
of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level
of other investing activities and uses
of cash, including in connection with the proposed acquisition
of Rockwell; (7) delays and disruption in delivery
of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits
of organizational changes; (11) the anticipated benefits
of diversification and balance
of operations across product lines, regions and industries; (12) the outcome
of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact
of the negotiation
of collective bargaining agreements and labor disputes; (15) the
effect of changes in political conditions in the U.S. and other countries in which United Technologies and Rockwell Collins operate, including the
effect of changes in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general market conditions, global trade policies and currency exchange rates in the near term and beyond; (16) the
effect of changes in
tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personn
tax (including U.S.
tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personn
tax reform enacted on December 22, 2017, which is commonly referred to as the
Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personn
Tax Cuts and Jobs Act
of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability
of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition
of conditions that could adversely affect the combined company or the expected benefits
of the merger) and to satisfy the other conditions to the closing
of the pending acquisition on a timely basis or at all; (18) the occurrence
of events that may give rise to a right
of one or both
of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee
of $ 695 million to United Technologies or $ 50 million
of expense reimbursement; (19) negative
effects of the announcement or the completion
of the merger on the market
price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation
of their businesses while the merger agreement is in
effect; (21) risks relating to the value
of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability
of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.
Beneficial
effect of lower effective
tax rate in light
of pricing and benefit design assumptions associated with the 2017 temporary suspension
of the non-deductible health insurance industry fee; excludes Individual Commercial segment impact
The
tax, which takes
effect Tuesday, was introduced by the British Columbia government with the intent
of improving home affordability in Metro Vancouver, where house
prices are among the highest in North America.
This makes three weeks
of regular warnings from Goldman and other banks that stocks have soared on a wing and prayer, with investors hoping for, and
pricing in, something that may be forthcoming only belatedly, if at all, and only in much watered down form, and perhaps without much
effect on corporate earnings after all, especially since the US corporate
tax code, as it is, already provides companies countless ways to shelter their income.
Taxes on marijuana will amount to $ 1 per gram, or 10 per cent
of product
price, when a legalized cannabis regime comes into
effect by this fall.
The court said it was unconvinced by the U.S. arguments regarding the alleged negative
effects of the EU decision on its
tax revenues, the bilateral
tax deals with EU countries and its efforts to develop rules on transfer
pricing in line with OECD rules.
These risks and uncertainties include competition and other economic conditions including fragmentation
of the media landscape and competition from other media alternatives; changes in advertising demand, circulation levels and audience shares; the Company's ability to develop and grow its online businesses; the Company's reliance on revenue from printing and distributing third - party publications; changes in newsprint
prices; macroeconomic trends and conditions; the Company's ability to adapt to technological changes; the Company's ability to realize benefits or synergies from acquisitions or divestitures or to operate its businesses effectively following acquisitions or divestitures; the Company's success in implementing expense mitigation efforts; the Company's reliance on third - party vendors for various services; adverse results from litigation, governmental investigations or
tax - related proceedings or audits; the Company's ability to attract and retain employees; the Company's ability to satisfy pension and other postretirement employee benefit obligations; changes in accounting standards; the
effect of labor strikes, lockouts and labor negotiations; regulatory and judicial rulings; the Company's indebtedness and ability to comply with debt covenants applicable to its debt facilities; the Company's ability to satisfy future capital and liquidity requirements; the Company's ability to access the credit and capital markets at the times and in the amounts needed and on acceptable terms; and other events beyond the Company's control that may result in unexpected adverse operating results.
While
prices are rising this has the
effect of providing
tax free growth.
But the
effect of the higher
prices, assuming they are typically paid to suppliers elsewhere in the world, also acts somewhat like a
tax on spending, hence aggregate demand falls.
in the case
of our directors, officers, and security holders, (i) the receipt by the locked - up party from us
of shares
of Class A common stock or Class B common stock upon (A) the exercise or settlement
of stock options or RSUs granted under a stock incentive plan or other equity award plan described in this prospectus or (B) the exercise
of warrants outstanding and which are described in this prospectus, or (ii) the transfer
of shares
of Class A common stock, Class B common stock, or any securities convertible into Class A common stock or Class B common stock upon a vesting or settlement event
of our securities or upon the exercise
of options or warrants to purchase our securities on a «cashless» or «net exercise» basis to the extent permitted by the instruments representing such options or warrants (and any transfer to us necessary to generate such amount
of cash needed for the payment
of taxes, including estimated
taxes, due as a result
of such vesting or exercise whether by means
of a «net settlement» or otherwise) so long as such «cashless exercise» or «net exercise» is
effected solely by the surrender
of outstanding stock options or warrants (or the Class A common stock or Class B common stock issuable upon the exercise thereof) to us and our cancellation
of all or a portion thereof to pay the exercise
price or withholding
tax and remittance obligations, provided that in the case
of (i), the shares received upon such exercise or settlement are subject to the restrictions set forth above, and provided further that in the case
of (ii), any filings under Section 16 (a)
of the Exchange Act, or any other public filing or disclosure
of such transfer by or on behalf
of the locked - up party, shall clearly indicate in the footnotes thereto that such transfer
of shares or securities was solely to us pursuant to the circumstances described in this bullet point;
Put simply, in my view, stock
prices are rising not because Wall Street has thoughtfully quantified the
effect of taxes, interest rates, corporate profits, or anything else.
Actual results may vary materially from those expressed or implied by forward - looking statements based on a number
of factors, including, without limitation: (1) risks related to the consummation
of the Merger, including the risks that (a) the Merger may not be consummated within the anticipated time period, or at all, (b) the parties may fail to obtain shareholder approval
of the Merger Agreement, (c) the parties may fail to secure the termination or expiration
of any waiting period applicable under the HSR Act, (d) other conditions to the consummation
of the Merger under the Merger Agreement may not be satisfied, (e) all or part
of Arby's financing may not become available, and (f) the significant limitations on remedies contained in the Merger Agreement may limit or entirely prevent BWW from specifically enforcing Arby's obligations under the Merger Agreement or recovering damages for any breach by Arby's; (2) the
effects that any termination
of the Merger Agreement may have on BWW or its business, including the risks that (a) BWW's stock
price may decline significantly if the Merger is not completed, (b) the Merger Agreement may be terminated in circumstances requiring BWW to pay Arby's a termination fee
of $ 74 million, or (c) the circumstances
of the termination, including the possible imposition
of a 12 - month tail period during which the termination fee could be payable upon certain subsequent transactions, may have a chilling
effect on alternatives to the Merger; (3) the
effects that the announcement or pendency
of the Merger may have on BWW and its business, including the risks that as a result (a) BWW's business, operating results or stock
price may suffer, (b) BWW's current plans and operations may be disrupted, (c) BWW's ability to retain or recruit key employees may be adversely affected, (d) BWW's business relationships (including, customers, franchisees and suppliers) may be adversely affected, or (e) BWW's management's or employees» attention may be diverted from other important matters; (4) the
effect of limitations that the Merger Agreement places on BWW's ability to operate its business, return capital to shareholders or engage in alternative transactions; (5) the nature, cost and outcome
of pending and future litigation and other legal proceedings, including any such proceedings related to the Merger and instituted against BWW and others; (6) the risk that the Merger and related transactions may involve unexpected costs, liabilities or delays; (7) other economic, business, competitive, legal, regulatory, and / or
tax factors; and (8) other factors described under the heading «Risk Factors» in Part I, Item 1A
of BWW's Annual Report on Form 10 - K for the fiscal year ended December 25, 2016, as updated or supplemented by subsequent reports that BWW has filed or files with the SEC.
Preliminary indications are that the implementation
of the
tax changes on 1 July proceeded smoothly and that the net
tax effects on
prices were broadly in line with (or possibly slightly lower than) those suggested by prior estimates.
Thus, the conduct
of monetary policy in coming quarters will require careful interpretation
of the data on
price developments and assessment
of the various estimates
of the net
tax effect on
prices that are available.
Additional uncertainty in these calculations arises from the assumption that a 10 per cent GST has the same
effect on the retail
price as a 10 per cent WST, even though the WST is levied at an earlier stage
of production and therefore represents a smaller amount
of tax for a given
tax rate.
After all, despite a slight cooling
of the Vancouver housing market shortly after the foreign buyer
tax came into
effect in August 2016, the foreign buyer
taxes has done little to really lower property
prices in Vancouver.
Because the abolition
of some
of the indirect
taxes will not take
effect immediately, the short - term
effect of the package on the
price level is likely to be larger than the long - run
effect.
This figure is a good deal higher than the 1.7 per cent for the latest year - ended rise in the CPI, but the pick - up includes the
effect of dropping out the impact
of the health insurance rebate, which reduced the CPI in the March quarter 1999, some further
effects from past movements in crude oil
prices, and an increase in tobacco
taxes in the December quarter.
As has been stated on a number
of occasions, the Bank intends to abstract from the
price - level
effect of the
tax changes and will seek to ensure that ongoing inflation remains consistent with the target once the
tax changes have been absorbed.
While the net
effect of the recent
tax changes on house
prices is expected to be limited, doubling the standard deduction will increase the incentives to rent.
Tax cuts always effect assets prices, regulations are estimated to account for up to 35 % of building new construction costs for homes in some locations and though federal deregulation may not impact local regulations as much it does have a multiplier effect on the economy just like a tax cut does and anticipation of an infrastructure plan the scale of this administration's, though it hasn't been passed, would also have an anticipatory effect on leading indicators like stocks and other commodities that raise costs, which we have already se
Tax cuts always
effect assets
prices, regulations are estimated to account for up to 35 %
of building new construction costs for homes in some locations and though federal deregulation may not impact local regulations as much it does have a multiplier
effect on the economy just like a
tax cut does and anticipation of an infrastructure plan the scale of this administration's, though it hasn't been passed, would also have an anticipatory effect on leading indicators like stocks and other commodities that raise costs, which we have already se
tax cut does and anticipation
of an infrastructure plan the scale
of this administration's, though it hasn't been passed, would also have an anticipatory
effect on leading indicators like stocks and other commodities that raise costs, which we have already seen.
Tariffs imposed on China would have the same
effect as a
tax on suppliers, increasing suppliers» costs and leading to higher
prices, suppressed demand, lower production and decreased efficiency, said Roger Kashlak, a professor
of international business at Loyola University Maryland's Sellinger School
of Business.
These factors — many
of which are beyond our control and the
effects of which can be difficult to predict — include: credit, market, liquidity and funding, insurance, operational, regulatory compliance, strategic, reputation, legal and regulatory environment, competitive and systemic risks and other risks discussed in the risk sections
of our 2017 Annual Report; including global uncertainty and volatility, elevated Canadian housing
prices and household indebtedness, information technology and cyber risk, regulatory change, technological innovation and new entrants, global environmental policy and climate change, changes in consumer behavior, the end
of quantitative easing, the business and economic conditions in the geographic regions in which we operate, the
effects of changes in government fiscal, monetary and other policies,
tax risk and transparency and environmental and social risk.
The direct
effect of the
tax is most likely that
prices will go up only marginally.
We chose to model the
effects on body weight because good evidence (from both trials and epidemiological studies) links regular consumption
of sugar sweetened drinks to weight gain.8 10 12 Moreover, data from longitudinal studies support the idea that changes in the
price of sugar sweetened drinks are linked to changes in body weight.20 Other groups have used this form
of modelling to estimate the
effects of a sugar sweetened drink
tax on obesity.18 21 22
In terms
of substitution
effects, the major difference between our estimates and those from the US is that our data indicate that diet soft drinks are a substitute for sugar sweetened drinks, whereas US data suggest that diet soft drinks are a complement (as the
price of sugar sweetened drinks goes up, consumption
of diet drinks goes down).18 22 This may explain why a US
tax on sugar sweetened drinks has been so heavily resisted, as a «double whammy» on sales
of both diet soft drinks and sugar sweetened drinks would occur.18.
The net
effect is that a revenue
tax is more likely to increase the
price paid to the consumer than it is to reduce the profits
of the corporation.
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.
IMPORTANT: All tour
prices,
taxes, and airfares quoted in this brochure are based on tariffs, costs and United States dollar exchange rates that were in
effect at the time
of publication.
All tour
prices,
taxes, and airfares quoted in this brochure are based on tariffs, costs, and United States dollar exchange rates that were in
effect at the time
of publication.
This means it covers the direct cost
of low - carbon subsidies, energy efficiency and carbon
taxes, as well as indirect costs due to strengthening grids, backing up intermittent renewables, compensating conventional generation for lost revenue through the capacity market and savings due to the merit - order
effect, which pushes down wholesale electricity
prices.
Included in the PowerPoint: Government Microeconomic Intervention (AS Level) a) Maximum and Minimum
Prices - meaning and
effect on the market b)
Taxes (direct and indirect)- impact and incidence of taxes - specific and ad valorem taxes - average and marginal rates of taxation - proportional, progressive and regressive taxes - the Canons of Taxation c) Subsidies - impact and incidence of subsidies d) Transfer Payments - meaning and effect on the market e) Direct Provision of goods and Services - meaning and effect on the market f) Nationalisation and Privatisation - meaning and effect on the market This PowerPoint is best used when using worksheets and activities to help reinforce the ideas talked a
Taxes (direct and indirect)- impact and incidence
of taxes - specific and ad valorem taxes - average and marginal rates of taxation - proportional, progressive and regressive taxes - the Canons of Taxation c) Subsidies - impact and incidence of subsidies d) Transfer Payments - meaning and effect on the market e) Direct Provision of goods and Services - meaning and effect on the market f) Nationalisation and Privatisation - meaning and effect on the market This PowerPoint is best used when using worksheets and activities to help reinforce the ideas talked a
taxes - specific and ad valorem
taxes - average and marginal rates of taxation - proportional, progressive and regressive taxes - the Canons of Taxation c) Subsidies - impact and incidence of subsidies d) Transfer Payments - meaning and effect on the market e) Direct Provision of goods and Services - meaning and effect on the market f) Nationalisation and Privatisation - meaning and effect on the market This PowerPoint is best used when using worksheets and activities to help reinforce the ideas talked a
taxes - average and marginal rates
of taxation - proportional, progressive and regressive
taxes - the Canons of Taxation c) Subsidies - impact and incidence of subsidies d) Transfer Payments - meaning and effect on the market e) Direct Provision of goods and Services - meaning and effect on the market f) Nationalisation and Privatisation - meaning and effect on the market This PowerPoint is best used when using worksheets and activities to help reinforce the ideas talked a
taxes - the Canons
of Taxation c) Subsidies - impact and incidence
of subsidies d) Transfer Payments - meaning and
effect on the market e) Direct Provision
of goods and Services - meaning and
effect on the market f) Nationalisation and Privatisation - meaning and
effect on the market This PowerPoint is best used when using worksheets and activities to help reinforce the ideas talked about.
Production
of the 2014 model year Prius Plug - in begins in October with
pricing taking
effect when these models arrive in showrooms in November.The Prius Plug - in qualifies for a Federal
Tax Credit
of up to $ 2,500 in addition to the State
of California's Clean Vehicle Rebate Program (CVRP) which offers a $ 1,500 rebate.
WE OFFER EXTENDED WARRANTY ON ALL VEHICLES 60 - 74 METROPOLITAN AVE, RIDGEWOOD, NY, 11385 PH: FEEL FREE TO FILL OUT A SECURE CREDIT APPLICATION all advertised offer do not include 20 down payment for the cost
of the car, sales
taxes, tag and registration, additional undisclosed fees may apply and
effect the final selling
price.
Roger Young, a senior financial planner at T. Rowe
Price, says, «The U.S.
tax reform measure could have wide - reaching
effects on financial planning decisions for millions
of Americans in 2018.
The
effect of this rule is that a taxpayer who purchases a
tax - exempt bond subsequent to its original issuance at a
price less than its stated redemption
price at maturity (or, if issued with OID, at a
price less than its accreted value), either because interest rates have risen or the obligor's credit has declined since the bond was issued, and who thereafter recognizes gain on the disposition
of such bond will have part or all
of the «gain» treated as ordinary income.
If the
price of both carbon - burning extraction businesses and non-carbon emitting solar farms and wind farms were both fair before a carbon
tax was introduced in any given jurisdiction, what would happen to the profitability
of each as that
tax came into
effect (and was ramped up over time)?
Some believe that the combined
effects of the new
tax code and rising mortgage rates will have an adverse impact on residential real estate
prices in 2018.
This increased rebate will take
effect January 1, 2017 and will mean that eligible homebuyers in Ontario would pay no Land Transfer
Tax (LTT) on the first $ 368,000
of their home's purchase
price.
Alternatively, we urge you to craft and implement a share buy - back program, which would also have the
effect of raising the share
price and allowing stockholders the opportunity to salvage some
of the value
of their investment, possibly more
tax efficiently than via a dividend.
The hype
of tax free dividend income and strong pull
of zero
price effect can create unjustified excitement for dividend paying stocks.
«The markets have done a good job
of pricing in the
effects of the new
tax law, and we don't expect this to change,» he said.
Your purchase
price will include the
price of the Product plus any applicable
taxes in
effect on the time
of purchase, and based on country data you provide on your download page.
Senator Barack Obama commented on the drilling idea on Tuesday, saying: «Much like his gas -
tax gimmick that would leave consumers with pennies in savings, opening our coastlines to offshore drilling would take at least a decade to produce any oil at all, and the
effect on gasoline
prices would be negligible at best since America only has 3 percent
of the world's oil.
In this case, the
tax itself is the carbon cap; in
effect, Big Oil and the others will be buying up all
of the caps they can, then passing along the
price of the sale onto the same people who sell the caps.