Sentences with phrase «see substantial tax»

But if you have to take $ 25,000 out of a traditional plan or account in order to buy a new car, then be prepared to see a substantial tax bill when you file.

The problem, according to the plan's critics, is that financial entities such as private - equity, venture capital and hedge funds are all partnerships whose wealthy partners would see substantial tax savings on large portions of their income unless congressional tax writers find a way to exclude them.

Not exact matches

If these changes go through, there are many scenarios where a typical middle - class, family - run business from which the owners draw a salary of $ 100,000 could see a substantial — 20 to 50 per cent — increase in tax paid.

Despite increases in the prices of ingredients and taxes applied to their products, J.J. Taylor Distributing Co. is seeing substantial growth in craft beers rather than bargain brands.

For instance, his second term (2010 - 2014) saw the Hungarian government enact additional taxes on banks (mostly foreign owned) and some parts of the energy and utilities sector as well (again, affecting substantial foreign interests).

The amount of the WEP benefit reduction depends on the year you turn 62 (eligibility year) and the number of years in which you had «substantial earnings» and paid into Social Security, with the maximum reduction potentially applying for those who paid Social Security taxes for 20 years or less (see table).

By doing so, you will see a substantial return that's also tax free.

If making a substantial donation, ask to see their books or a copy of the tax filing.

The major possibility I see is using this card for up to $ 2,500 in purchases a month that would otherwise incur a substantial transaction fee, such as paying rent, loans, or maybe taxes.

2016/17 saw the introduction of changes to UK non-dom tax legislation, with substantial implications for high net - worth and ultra high net - worth clients.

Therefore, S corporations and unincorporated businesses taxed under the GCT, BTX and UBT may see substantial increases in their NYC tax liability.