Sentences with phrase «rate than current law»

Begin phasing in the credit at the first dollar earned and develop an approach that phases in the credit at a faster rate than current law.

Not exact matches

«The tax increase is about either extending or permanently establishing a higher rate than now is in current law,» said McMahon.

Whether passage of new local levies will result in an increase or a decrease in property taxes compared to the current rate depends on the whether the current Local Levy rate is more or less than $ 1.50 per thousand of assessed valuation (which is the new limit under the Levy Swipe law).

You can use Ohm's law (I = V / R) to calculate the expected current, if it is more than the fuse rating.

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Issuing Company: ETF Securities Ltd Ticker: PPLT Expense Ratio: 0.60 % Tax Treatment: From the prospectus, «Under current law, gains recognized by individuals from the sale of «collectibles,» including physical platinum, held for more than one year are taxed at a maximum federal income tax rate of 28 %, rather than the 15 % rate applicable to most other long - term capital gains.»

Under current tax law, the maximum tax rate on long - term capital gains is lower than the maximum rate on short - term capital gains.

You'll see this or similar language in the prospectus of many metals ETFs: Under current law, gains recognized by individuals from the sale of «collectibles,» including physical platinum, held for more than one year are taxed at a maximum federal income tax rate of 28 %, rather than the 15 % rate applicable to most other long - term capital gains.

Under current tax law, when you sell an investment that you've owned longer than one year, any gain is taxed at a maximum rate of 20 %.

Next, the current rule provides a «gap standard,» again based upon 70 % of each class, allowing for law schools to demonstrate that their bar passage rate is no more than 15 points below the average first - time bar passage rate for their local jurisdiction.

Under current law, it's taxed as capital gains, making it eligible for rates as low as 23.8 percent for gains on assets sold after more than a year.