Sentences with phrase «subject to tax at»

As well dividends paid to children before the year in which they turn 18 on shares of the PREC will be subject to tax at the top marginal tax rate, reduced only by a dividend tax credit (effective tax rate of 33.71 % on non-eligible dividends).

As mentioned, the remaining $ 100,000 would be subject to tax at full rates, as opposed to half of the rate for a capital gain, or potentially no tax if the capital gains exemption is available.

Withdrawals from a Traditional IRA that do not represent the portion attributable to your investment may be subject to tax at ordinary income tax rates.

Any contribution above the RESP lifetime limit of $ 50,000 per child is subject to tax at the marginal rate

Once the taxpayer's AMT income is calculated, and then reduced by the appropriate exemption amount (if any), that income is subject to tax at a rate of 26 % on the first $ 175,000 of income ($ 87,500 for married individuals filing separately) and 28 % on income above that level.

In contrast, without a QEF election, the U.S. Holder would be subject to tax at ordinary income tax rates on distributions from the PFIC.

Any amounts over $ 1 million are currently subject to tax at a rate of 35 %.

«For instance, you sell a building or a piece of land you'll be subjected to 15 % tax but now that has been removed and you will be subject to tax at the general rate.

All fund yields are subject to taxes at the local, state, or federal level, and in some cases, a combination of all these.

Once again, if life insurance is included in the gross estate, it will be subject to taxes at the state level and the exemptions for state taxes are much lower than the federal exemptions.

Not exact matches

«Tax reform does not change our capital return goals as we remain committed to returning at least $ 60 billion of capital in the current and next two CCAR cycles, subject to regulatory approval,» CEO Michael Corbat said in a press release on Tuesday.

Instead, the former secretary of state was just subject to ordinary income tax payments as the payouts trickled in, instead of all at once.

Of the $ 300,000, $ 50,000 is taxed at ordinary income tax rates and $ 250,000 would be subject to capital gains tax rates.

The EC said on Monday: «The Commission considers at this stage that the treatment endorsed in the two tax rulings may have resulted in tax benefits in favour of Inter IKEA Systems, which are not available to other companies subject to the same national taxation rules in the Netherlands.»

While workers at companies also are subject to these taxes, their employer pays half.

If you have net income — your business income less expenses — of at least $ 400, that amount is subject to the 15.3 percent self - employment tax.

Others may find that the required minimum distributions from their individual retirement account, which begin at age 70 1/2, are sufficiently sized to bump them back up into higher tax - rate territory — or even indirectly subject them to the new 3.8 percent Medicare surtax.

If you operate in New York State at all, you are subject to their tax filing (and tax paying) requirements regardless of what state your LLC was formed in.

Trump's plan calls for a revision of the estate tax that would make capital gains over $ 10 million held at death subject to tax, while the Blueprint calls for a total repeal of the estate tax.

The stock grants will generally be subject to tax upon vesting as ordinary income equal to the fair market value of the shares at the time of vesting less the amount paid for such shares, if any.

debt obligations of the U.S. government that are issued at various intervals and with various maturities; revenue from these bonds is used to raise capital and / or refund outstanding debt; since Treasury securities are backed by the full faith and credit of the U.S. government, they are generally considered to be free from credit risk and thus typically carry lower yields than other securities; the interest paid by Treasuries is exempt from state and local tax, but is subject to federal taxes and may be subject to the federal Alternative Minimum Tax (AMT); U.S. Treasury securities include Treasury bills, Treasury notes, Treasury bonds, zero - coupon bonds, Treasury Inflation Protected Securities (TIPS), and Treasury Auctitax, but is subject to federal taxes and may be subject to the federal Alternative Minimum Tax (AMT); U.S. Treasury securities include Treasury bills, Treasury notes, Treasury bonds, zero - coupon bonds, Treasury Inflation Protected Securities (TIPS), and Treasury AuctiTax (AMT); U.S. Treasury securities include Treasury bills, Treasury notes, Treasury bonds, zero - coupon bonds, Treasury Inflation Protected Securities (TIPS), and Treasury Auctions

If your home sells for more than you paid for it — your tax or cost basis — that extra money can be considered taxable income at capital gains rates subject to certain thresholds and rules.

Roth accounts grow tax free and are not subject to «required minimum distributions» at age 70 1/2.

That's 24 % greater than if she had started collecting benefits at 62.2 (Note: All figures are in today's dollars and before tax; the actual benefit would be adjusted for inflation and would possibly be subject to income tax.)

Unlike tax - benefited accounts, you can withdraw money at any time without penalty (though you may be subject to taxes) and there are no required withdrawals when you reach a certain age.

If an item is subject to sales tax, you agree that the amount of taxes shown at checkout may be adjusted.

If you buy a bond for less than face value on the secondary market (known as a market discount) and you either hold it until maturity or sell it at a profit, that gain will be subject to federal and state taxes.

If Roth income also makes you SSA subject to taxation, the SSA tax starts at 0 % (until you fill the standard deduction and exemptions).

After consummation of the reorganization transactions, GoDaddy Inc. will become subject to U.S. federal, state, local and foreign income taxes with respect to its allocable share of any taxable income of Desert Newco and will be taxed at the prevailing corporate tax rates.

Interest income generated by municipal bonds is generally not subject to federal taxes, and may be tax - exempt at the state and local level as well, if the bonds were issued by the state in which you live.

The 25 percent tax rate for pass - throughs is particularly galling, because it has no principle at all behind it, and will be the subject of widespread abuse, as taxpayers maneuver to squeeze their incomes into the pass - through business box.

Withdrawals of earnings from a Roth IRA before age 59 1/2 may not be subject to the 10 % federal penalty tax (or any other taxes) if the IRA has been held for at least 5 years and one of the following applies:

Withdrawals at any time, which are subject to current federal income taxes and possibly to a 10 % penalty if the participant is under age 59 1/2.

Tax laws are subject to change and the preferential tax treatment of municipal bond interest income may be revoked or phased out for investors at certain income leveTax laws are subject to change and the preferential tax treatment of municipal bond interest income may be revoked or phased out for investors at certain income levetax treatment of municipal bond interest income may be revoked or phased out for investors at certain income levels.

Plus, just as with an RRSP, any gains your investments make in a spousal RRIF are tax - free (though they're still subject to income tax at withdrawal).

In addition, you may be subject to tax on amounts recognized in connection with the sale of municipal bonds, including capital gains and «market discount» taxed at ordinary income rates.

After consummation of this offering, we will become subject to U.S. federal, state and local income taxes with respect to our allocable share of any taxable income of SSE Holdings and will be taxed at the prevailing corporate tax rates.

If any resulting liabilities of EHI are not satisfied by EHI and its direct and indirect owners, we will be subject to such liabilities because we will still be a member of the EHI consolidated group at the time of the distribution and therefore jointly and severally liable for unpaid taxes as a result of such distribution.

In the event of an ownership change, utilization of the Company's pre-charge NOLs would be subject to annual limitation under Section 382, which is generally determined by multiplying the value of the Company's stock at the time of the ownership change by the applicable long - term tax - exempt rate (which is 3.50 % for December 2013).

In the event of an ownership change, utilization of our pre-change NOLs would be subject to annual limitation under Section 382 determined by multiplying the value of our stock at the time of the ownership change by the applicable long - term tax - exempt rate, increased in the five - year period following such ownership change by «recognized built - in gains» under certain circumstances.

It reduced the cap on borrowing subject to the mortgage interest deduction (MID) from $ 1 million to $ 750,000, and capped deductions for state and local taxes, including property taxes, at $ 10,000.1 These changes, in combination with a doubling of the standard deduction, mean that many homeowners will experience a loss of tax benefits associated with homeownership, and the changes represent a significant shift in the federal government's willingness to promote and subsidize homeownership.

You may also be subject to tax on amounts recognized in connection with the sale of municipal bonds, including capital gains and «market discount» taxed at ordinary income rates.

This means your cost basis adjusts at year - end, and you can be subject to paying taxes on gains whether or not you sold your shares.

They will be taxed at your applicable individual federal income tax rate and may also be subject to state and local taxes.

Because they are not rollover - eligible, RMDs are not subject to mandatory 20 % tax withholding at distribution time.

Generally, these deferred wages (elective deferrals) are not subject to federal income tax withholding at the time of deferral and they are not reflected as taxable income on your Form 1040, U.S. Individual Income Tax Retutax withholding at the time of deferral and they are not reflected as taxable income on your Form 1040, U.S. Individual Income Tax RetuTax Return.

Investments within your traditional IRA grow tax deferred until you retire, at which point all distributions are subject to ordinary income taxes.

You then subtract the amount that is subject to income tax, the previous result, to arrive at the portion that is taxable as capital gains.

The potential tax benefits from investing in MLPs depend on their being treated as partnerships for federal income tax purposes and, if the MLP is deemed to be a corporation, then its income would be subject to federal taxation at the entity level, reducing the amount of cash available for distribution to the fund which could result in a reduction of the fund's value.

By Dan Wright (Principal at Clark Nuber), and Karlyn Kurokawa (Associate at Clark Nuber) Currently, all U.S. individual wage earners are subject to a 1.45 % Medicare tax on all of their wages and self - employed individual taxpayers are subject to 2.9 % tax on their «self - employment... Continue reading →