Sentences with phrase «share the sales tax»

The two entities would share the sales tax and profits.
Some were surprised to hear that Erie County is one of the few counties in New York State that shares sales tax revenue with local districts, providing these districts with nearly $ 137 million between July 1, 2016 and June 30, 2017.
RAMAPO — Supervisor Yitzchok Ullman this week issued the following statement calling on Rockland County to share sales tax revenue form Palisades Credit Union Park: «Several weeks ago the Rockland Boulders welcomed their one - millionth fan to Palisades Credit Union Park.
Mahoney said she is worried about potential anti-city sentiment ruling the day, in negotiations that create a formula to share sales tax revenue between the county and local governments.
He floated a similar idea during negotiations with Onondaga County over sharing sales tax revenue, but dropped it when the county agreed to the city's terms.
«They would lose more than $ 44 million in revenue if we no longer shared sales tax revenue with our school districts,» Mychajliw said.
The city worked with a local developer, Ray - 10 Development Co., to negotiate an incentive arrangement that involves sharing sales tax dollars with the developer to pay for infrastructure improvements.
«The idea is that the city would share sales tax with the developer to pay for off - site improvements,» Newland says.

Not exact matches

In 1997, New Brunswick, Newfoundland and Nova Scotia shared $ 961 - million in compensation for harmonizing their taxes; two years ago, Ontario agreed to a $ 4.3 billion compensatory package, while British Columbia's move to a Harmonized Sales Tax earned them $ 1.6 billion from the feds.
Non-GAAP EPS increased 10 percent to $ 3.47 driven by higher product sales, a lower tax rate and lower weighted - average shares outstanding.
GAAP earnings per share (EPS) increased 16 percent to $ 3.25 driven by higher product sales, a lower tax rate and lower weighted - average shares outstanding.
The filing says, «Over the course of their lives, these shares, or the net after - tax proceeds from the sale of such shares, will be used to advance the mission of the Chan Zuckerberg Initiative.
Those considering current year charitable contributions who are also facing long - term capital gains tax on the sale of highly appreciated shares after an initial public offering may realize a much more favorable income tax result and charitable impact by making a timely donation of a portion of their IPO shares (either during or after the lock - up period) directly to charity.
«Total CEO realized compensation» for a given year is defined as (i) Mr. Musk's salary, cash bonuses, non-equity incentive plan compensation and all other compensation as reported in «Executive Compensation — Summary Compensation Table» below, plus (ii) with respect to any stock option exercised by Mr. Musk in such year in connection with which shares of stock were also sold other than to satisfy the resulting tax liability, if any, the difference between the market price of Tesla common stock at the time of exercise on the exercise date and the exercise price of the option, plus (iii) with respect to any restricted stock unit vested by Mr. Musk in such year in connection with which shares of stock were also sold other than automatic sales to satisfy the Company's withholding obligations related to the vesting of such restricted stock unit, if any, the market price of Tesla common stock at the time of vesting, plus (iv) any cash actually received by Mr. Musk in respect of any shares sold to cover tax liabilities as described in (ii) and (iii) above, following the payment of such amounts.
Special rules may apply with respect to certain subsequent sales of the Shares in a disqualifying disposition, certain basis adjustments for purposes of computing the alternative minimum taxable income on a subsequent sale of the Shares and certain tax credits which may arise with respect to optionees subject to the alternative minimum tax.
The adjusted tally beat consensus expectations of $ 0.74 a share, as sharper cost cutting and lower taxes more than offset weaker - than - anticipated sales.
Under the Bonus Plan, our compensation committee, in its sole discretion, determines the performance goals applicable to awards, which goals may include, without limitation: attainment of research and development milestones, sales bookings, business divestitures and acquisitions, cash flow, cash position, earnings (which may include any calculation of earnings, including but not limited to earnings before interest and taxes, earnings before taxes, earnings before interest, taxes, depreciation and amortization and net earnings), earnings per share, net income, net profit, net sales, operating cash flow, operating expenses, operating income, operating margin, overhead or other expense reduction, product defect measures, product release timelines, productivity, profit, return on assets, return on capital, return on equity, return on investment, return on sales, revenue, revenue growth, sales results, sales growth, stock price, time to market, total stockholder return, working capital, and individual objectives such as MBOs, peer reviews, or other subjective or objective criteria.
I assume you aren't suggesting selling capital assets like your shares that are producing dividend income, which you'd incur capital gains on, nor other capital assets that you would incur tax on from a sale.
When you donate shares directly to the U of C, you will not pay capital gains tax normally attached to the sale of securities.
Any form of income is subject to tax and income from sale of shares is no exception.
If such a sale or disposition takes place in the year in which the participant exercises the option, the income recognized upon the sale or disposition of the shares will not be considered income for alternative minimum tax purposes.
Performance for class B, C, M, R, and Y shares prior to their inception is derived from the historical performance of class A shares, adjusted for the applicable sales charge (or CDSC) and, except for class Y shares, the higher operating expenses for such shares (with the exception of Putnam Tax - Free High Yield Fund and Putnam AMT - Free Municipal Fund, which are based on the historical performance of class B shares).
Upon an optionee's sale of the shares (assuming that the sale occurs at least two years after grant of the option and at least one year after exercise of the incentive stock option), any gain will be taxed to the optionee as long - term capital gain.
Shares used to pay the exercise price of an Award or to satisfy the tax withholding obligations related to an Award will become available for future grant or sale under the Plan.
Examples of forward - looking statements include, but are not limited to, statements we make regarding the Company's plans, assumptions, expectations, beliefs and objectives with respect to store openings and closings; product introductions; sales; sales growth; sales trends; store traffic; retail prices; gross margin; operating margin; expenses; interest and other expenses, net; effective income tax rate; net earnings and net earnings per share; share count; inventories; capital expenditures; cash flow; liquidity; currency translation; growth opportunities; litigation outcomes and recovery related thereto; the collectability of amounts due under financing arrangements with diamond mining and exploration companies; and certain ongoing or planned product, marketing, retail, manufacturing, information systems development, upgrades and replacement, and other operational and strategic initiatives.
Success is «the best revenge that Bezos can get against the administration for its veiled threats about sales taxes and not paying its fair share,» said Wedbush Securities analyst Michael Pachter.
Important factors that may affect the Company's business and operations and that may cause actual results to differ materially from those in the forward - looking statements include, but are not limited to, operating in a highly competitive industry; changes in the retail landscape or the loss of key retail customers; the Company's ability to maintain, extend and expand its reputation and brand image; the impacts of the Company's international operations; the Company's ability to leverage its brand value; the Company's ability to predict, identify and interpret changes in consumer preferences and demand; the Company's ability to drive revenue growth in its key product categories, increase its market share, or add products; an impairment of the carrying value of goodwill or other indefinite - lived intangible assets; volatility in commodity, energy and other input costs; changes in the Company's management team or other key personnel; the Company's ability to realize the anticipated benefits from its cost savings initiatives; changes in relationships with significant customers and suppliers; the execution of the Company's international expansion strategy; tax law changes or interpretations; legal claims or other regulatory enforcement actions; product recalls or product liability claims; unanticipated business disruptions; the Company's ability to complete or realize the benefits from potential and completed acquisitions, alliances, divestitures or joint ventures; economic and political conditions in the United States and in various other nations in which we operate; the volatility of capital markets; increased pension, labor and people - related expenses; volatility in the market value of all or a portion of the derivatives we use; exchange rate fluctuations; risks associated with information technology and systems, including service interruptions, misappropriation of data or breaches of security; the Company's ability to protect intellectual property rights; impacts of natural events in the locations in which we or the Company's customers, suppliers or regulators operate; the Company's indebtedness and ability to pay such indebtedness; the Company's ownership structure; the impact of future sales of its common stock in the public markets; the Company's ability to continue to pay a regular dividend; changes in laws and regulations; restatements of the Company's consolidated financial statements; and other factors.
Shares used to pay the exercise price of an award or satisfy the tax withholding obligations related to an award will become available for future grant or sale under the 2014 Plan.
Adjusted EPS is defined as diluted earnings per share excluding, when they occur, the impacts of integration and restructuring expenses, merger costs, unrealized losses / (gains) on commodity hedges, impairment losses, losses / (gains) on the sale of a business, nonmonetary currency devaluation (e.g., remeasurement gains and losses), and U.S. Tax Reform, and including when they occur, adjustments to reflect preferred stock dividend payments on an accrual basis.
While Vancouver's empty home tax and restrictions on home - sharing services like Airbnb have helped slow detached home sales, demand for less - expensive condos has become frenzied, prompting some experts to question whether any new policy will be effective.
With populist frustration increasingly pressuring policy change around the world, investors should expect labor, tax, and interest expense to rise faster than sales, thereby depressing profit margins and slowing real growth in earnings per share over the decades ahead.
The before shares sold calculation assumes taxes are paid on fund distributions (dividends and capital gains) but does not reflect taxes that may be incurred upon sale or exchange of shares.
«Before Shares Sold» figures assume taxes are paid on fund distributions (dividends and capital gains) but do not reflect taxes that may be incurred upon sale or exchange of sShares Sold» figures assume taxes are paid on fund distributions (dividends and capital gains) but do not reflect taxes that may be incurred upon sale or exchange of sharesshares.
Performance for class B, C, M, R, T1, and Y shares prior to their inception is derived from the historical performance of class A shares, adjusted for the applicable sales charge (or CDSC) and, except for class Y and T1 shares, the higher operating expenses for such shares (with the exception of Putnam Tax - Free High Yield Fund and Putnam AMT - Free Municipal Fund, which are based on the historical performance of class B shares).
Several hours later, the Anglo - Dutch company said in another statement that «following strong demand from institutional investors,» SEHAL upsized its sale to 111.8 million shares worth a total of $ 2.7 billion before tax proceeds.
For Putnam Tax - Free High Yield Fund and Putnam AMT - Free Municipal Fund, performance for class M shares prior to their inception is derived from the historical performance of class B shares (inception 9/8/85), adjusted for the applicable sales charge.
The charity or donor - advised fund account will generally be subject to unrelated business income tax (UBIT) on its gain from the sale of the shares and on its share of any income generated by the S - Corp during the charity's ownership.
If you are considering selling shares in a privately held company, you may find that donating a portion of the shares to a charity or donor - advised fund account before the sale can help to reduce your tax burden and enable you to give generously to charity.
GM, the biggest U.S. automaker and No. 3 globally by sales, earned $ 2.8 billion in the fourth quarter before interest, taxes and one - time items, or $ 1.39 per share, excluding items.
Accordingly, the Shareholder generally will recognize gain or loss on the sale in an amount equal to the difference between (1) the amount realized pursuant to the sale of the Shares, and (2) the Shareholder's tax basis for the portion of its pro rata share of the Bitcoins held by the Trust at the time of sale that is attributable to the Shares sold, as determined in the manner described in the preceding paragraph.
Success is «the best revenge that Bezos can get against the administration for its veiled threats about sales taxes and not paying its fair share,» said Wedbush Securities analyst Michael Pachter told Reuters on Wednesday.
If any Shares remain outstanding after the date of termination, the Trustee thereafter shall discontinue the registration of transfers of Shares, shall not make any distributions to Shareholders, and shall not give any further notices or perform any further acts under the Trust Agreement, except that the Trustee will continue to collect distributions pertaining to Trust assets and hold the same uninvested and without liability for interest, pay the Trust's expenses and sell Bitcoins as necessary to meet those expenses and will continue to deliver Trust assets, together with any distributions received with respect thereto and the net proceeds of the sale of any other property, in exchange for Shares surrendered to the Trustee (after deducting or upon payment of, in each case, the fee to the Trustee for the surrender of Shares, any expenses for the account of the Shareholders in accordance with the terms and conditions of the Trust Agreement, and any applicable taxes or other governmental charges).
Stephanie Goss, ConeTech's Sales and Marketing Manager, is similarly eager to share the benefits of the Spinning Cone Column technology with winemakers seeking to lower alcohol levels in their wines for either flavor or tax purposes.
Orland Park started giving back to homeowners the village's share of property tax bills, about 6.5 percent, after installing a.75 percent home rule sales tax in 2002.
At Monday night's village board meeting, trustees approved a sales tax sharing incentive agreement to help bring a Mazda dealership to Orland Park.
The Republican country executive also suggested the Legislature support him in refusing to send «one more penny» of the approximately $ 600,000 a week Chautauqua must send to Albany as of Jan. 1, 2012 unless the state «immediately» take over the counties» share of Medicaid costs, pass a law preventing the approval of future unfunded mandates and authorize counties to set their own sales tax rates.
in the past, and Hochul raised it again in a statement criticizing Collins» proposal: «If the Collins amendment passed, the state would need to raise income taxes or the counties would have to forgo their share of sales tax in exchange for the state picking up the additional Medicaid costs.»
Over time, the value of lost sales tax revenue would outstrip the Medicaid savings for an ever - growing share of counties.
One option would be for the state to divert a share of county sales tax revenue.
The idea has been floated by some county leaders in the past, and Hochul raised it again in a statement criticizing Collins» proposal: «If the Collins amendment passed, the state would need to raise income taxes or the counties would have to forgo their share of sales tax in exchange for the state picking up the additional Medicaid costs.»
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