Sentences with phrase «saying limited liability»

The corporate veil is another way of saying limited liability protection.

Not exact matches

The EU competition authority said in 2014 the Amazon subsidiary paid a tax deductible royalty to a Luxembourg - based limited liability partnership which was not subject to the country's tax regime.
But today, «employee relations is really about limiting the liability of the employer,» says Mintzer, the employment attorney.
«In essence, institutions may establish a limited liability corporation without filing an application with the FDIC,» he said.
Mr. Cohen said that he had given a similar statement to the Federal Election Commission in response to a complaint filed by the government watchdog group Common Cause, which contended that the payment, made through a limited liability company that Mr. Cohen established, was an in - kind contribution to the Trump campaign.
«The school board's liability is limited to $ 300,000 per incident,» said Lawlor.
BEIJING (AP)-- A Chinese investment holding company said it has signed a letter of intent to purchase oil fields in Texas for 8.3 billion yuan ($ 1.3 billion) through a limited liability partnership.
Proponents of store - at - home gold say that IRA owners can legally keep their gold in a safe - deposit box or at home if they are the owners and managers of a limited - liability company that uses the funds from the IRA to obtain the gold, according to the publication.
Q — but it turns out not to be correct, or accurate, are you then trying to limit the liability that you may encounter by not dealing with any of those questions now, and pushing them all off because you say it's ongoing litigation?
Michael Cohen, Trump's longtime lawyer identified by the Wall Street Journal as having arranged the payment to the actress through a limited liability company, said the complaints lack merit.
«Generally, the advantages of [setting up as] an LLC is that it makes you part of an organization,» Bayard said of limited liability companies.
The Daily News says the Percoco trial «has exposed the terribly wrong and perfectly legal method moneyed interests use to bypass Albany's already lax campaign finance rules through limited liability companies, or LLCs.»
But, Cuomo has said he will call for closure of a loophole in campaign finance laws that allows donors to skirt the $ 5,000 limit for businesses by disguising the donations through multiple limited liability corporations.
Horner, with NYPIRG, says the testimony illustrates the need to clean up New York's campaign finance laws by setting stricter caps on contributions and eliminating a loophole that allows donors to use LLCs or limited liability companies, to skirt existing donor limits.
10:58 - Interesting passage from Chapman, who says he wanted to broaden the H&L legal advice and they wanted to narrow it (to limit liability).
He says they condoned the growing use of Limited Liability Corporations to skirt existing donation limits, and they loosely defined how politicians could spend their campaign funds on personal uses.
They say loopholes, including donations to party housekeeping accounts, and the use of LLC's Limited Liability Corporations, can increase that amount several times over.
NYPIRG and other reform groups say larger, more systematic issues need to be addressed, like closing a loophole that permits donors to skirt contribution limits by bundling money in limited liability corporations, or LLC's.
The speaker said he might have to file new state - disclosure forms revealing that he was reviving fees from Glenwood's limited - liability companies.
Miner said she would like the close the «LLC loophole,» which allows limited liability companies to donate as individuals, which can be thousands of more dollars than a company is able to donate.
He's made passing references to «wealthy donors» three times in his past five addresses, but goes all - in with that line of reasoning this time around: we have contribution limits to make sure elections «are not captured by wealthy public interests,» he says; «wealthy individuals and corporations are able to use Limited Liability Companies» to avoid these limits, so reform is needed «to even the playing field so that rich and poor New Yorkers alike have their voices heard.»
On campaign finance reform, Cuomo again this year said he wanted to close the LLC loophole, which allows limited liability companies to donate to campaigns under the same provisions to which individuals, providing virtually unlimited opportunities for entities to donate cash.
The Chartered Institute of Taxation (CIOT) has expressed disappointment at today's announcement that Disincorporation Relief will not be extended beyond its current March 2018 expiry date.1 The relief was created to address the problems faced by some small businesses that have chosen to be a limited company in the past and want to return to a simpler legal form, be it a sole trader or a partnership or a limited liability partnership.2 While there has been a very low take up of Disincorporation Relief since it was introduced in 2013 (fewer than 50 claims had been made as of March 2016) the CIOT has suggested3 that the relief might be more popular if it was broader.4 John Cullinane, CIOT Tax Policy Director, said: «It's a shame the Government are letting this relief lapse.
Management of Menzgold, said the company is a limited liability company duly registered and incorporated in Ghana, by the company's Act of 1963 (ACT 179).
It's the second time in as many days that Cuomo, a Democrat in his second term, has said that he's not letting his proposals to limit outside income for legislators, reduce the political giving power of limited liability companies and increase transparency of lobbying groups fall by the wayside.
In a statement, Kaminsky said he would immediately push to ban state lawmakers from earning outside income and to close a «loophole» allowing limited liability companies to contribute to campaigns.
He says he's trying to press the Legislature to agree to changes, and has even released eight different versions of a bill to end a campaign finance loophole that allows limited liability companies to skirt donation limits.
Venditto signed the contract to purchase the property, but the deal included clauses that said the property was not fully remediated and limited the Lizzas» liability to only $ 100,000, even though cleanup estimates were at $ 1.3 million, Singas said.
Cuomo says he wants lawmakers to act on a measure to forfeit the pensions of legislators convicted of felonies, and close a campaign finance loophole that allows Limited Liability Companies to circumvent contribution limits.
Government reform groups say there are a number of loopholes in New York's campaign finance regulations, and that LLC's, or Limited Liability Corporations, are part of the problem.
It's tiring to hear the governor say that «you can only live within the system that exists» while he rakes in campaign cash that comes overwhelmingly in donations of $ 10,000 or more and takes advantage of a loophole that treats limited liability corporations as individuals when they make campaign contributions, even if they're controlled by one individual.
Cor made the donations by taking advantage of state campaign finance laws that permit what critics say are end - runs around corporate donation limits through the use of limited liability companies.
Horner said the testimony illustrates the need to clean up New York's campaign finance laws by setting stricter caps on contributions and eliminating a loophole that allows donors to use LLCs, or limited liability companies, to skirt existing donor limits.
More specifically, Schneiderman is calling for higher contribution limits, the closing of a limited liability corporation loophole which he says «allows wealthy interests to funnel limitless amounts to campaigns,» as well as for the elimination of the housekeeping committees used by the state's political parties.
He said he would eliminate incorporation fees for limited liability corporations and partnerships, and reduce the wait times for government permitting.
The idea, Cuomo said, is to recover more money employees were cheated out of when businesses went bankrupt — and went on to create spinoff limited liability companies registered in other states or hid their assets in other ways.
He said the school system's lawyers have advised him that «there are limits to what we can hand off, because the liability of what happens in that school comes back to the superintendent of the county school district and to the board.»
There are a very limited number of people on Earth who would bother to file a liability claim against you for $ 300, and perhaps their willingness say something about those who would, but damages of that size can still create uncomfortable situations and difficulty in your budget.
When people were asked if they favor a proposed rule that would force prepaid debit card issuers to limit consumer liability for unauthorized transactions, 83 % said yes.
The Insurance Information Institute (III) says the liability limit on a standard watercraft insurance policy typically starts at $ 15,000, but you may be able to significantly increase your coverage limit.
If the vehicle isn't worth much, you might want to «put the extra money either toward higher liability limits or in a savings account to pay for your car if something happened to it,» Baughman says.
And the coverage from an umbrella liability policy, which offers protection above the liability limits of your car and home insurance policies, might vary by the country you're in and how long you're there, Johnson says.
Ken presents Forms of Business: Limited Liability Company (LLC) posted at Spruce Up Your Finances, saying, «Discusses the advantages and disadvantages when establishing an LLC for your business.»
I agree to absolve and hold blameless RAPS of any liability, financial or otherwise, related to the acts of said cat, related but not limited to, aggression, inadequate training, control, or supervision of the cat at any time, under any circumstances.
New Ruling may challenge limits of auction houses» liability Background: Tony Shafrazi, who was Basquiat's primary dealer, says he bought the 1982 untitled piece from Christie's in 1990 for $ 242,000, and resold it a year later to collector Guido Orsi.
But I found https://www.pgadmin.org/licence.php which has the last line that says liability should be limited to 1 euro.
He said the «the site is operated by a limited liability cooperation that «apparently is doing pretty well» and is backed by investors who he will attempt to expose.
«But state tort law limits the state's liability to $ 3 million per occurrence, no matter how many people were hurt, said DOT spokesman David Spear.»
For example, let's say you're forming a Limited Liability Company (LLC).
Limit your legal liability through your engagement letter, says professional liability lawyer James Lane
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