Sentences with phrase «such as a sales tax»

The migration of the rich affects other taxes, such as the sales tax if wealthy car buyers «bought their Bentley in Florida instead of Greenwich,» he said.

But once the Legislature returned the Senate demanded additional provisions such as the sales tax extenders and aid for flood - stricken areas of upstate, Cuomo said.

Many of the City's historical major revenue sources, such as sales taxes, mortgage taxes, building permits and State aid, have been negatively impacted by economic conditions, necessitating greater reliance on the local property tax.

Paterson contends that the vetoes helped put the spending plan in balance but he still needs legislation allowing new sources of revenue such as a sales tax on clothing.

Leaders in both camps have been debating charter funding in North Carolina for years, particularly since a 2010 amendment by Democrats in the legislature denied charters access to certain funding sources, such as sales tax revenues, gifts and grants traditionally bound for public school coffers.

Consult your CPA or tax preparer on how to report this income on your returns and to find out if it is subject to any other taxes (such as sales taxes) for your area.

Also, insurers may be responsible for other costs associated with purchasing a new vehicle, such as sales tax, title and vehicle registration.

Not exact matches

Sousa has also written to the federal government asking them to delay HST input tax credits that would have allowed companies with $ 10 million or more in sales to claim certain expenses such as meals, drinks and entertainment until 2018.

Many of those companies rely on middle - and low - income shoppers for the bulk of their sales, and changes to individual taxes — such as doubling the standard deduction — will increase discretionary income.

An unidentified spokesman told the Financial Times: «They asked for some data such as cryptocurrency trading volume, our exchange's sales and whether we are paying corporate tax well.»

Beverage makers have largely weathered such taxes in places like Mexico, which introduced a soda tax in 2014, as sales of other products including water rise.

Policies that would more effectively attack speculation, such as subjecting home sales to capital - gains taxes, don't even appear to be on the table.

That could leave an opening for a bidder such as Softbank Group, Yahoo's partner in Yahoo Japan, which might be able to devise a way to minimize the tax bill that would come with any sale of the Asia investments.

The scope of the planned tax would cover companies offering services such as advertising or the sale of user data, according to the draft prepared by the EU's executive arm.

The average homeowner receives $ 1,823 a year through programs such as tax - free capital gains on the sale of principal residences and the Home Buyers Plan that lets first - time buyers withdraw money from their RRSPs for downpayment.

The U.S. can borrow until Aug. 2 after reaching the US$ 14.29 - trillion limit because of «stronger - than - expected tax receipts» and «extraordinary measures» such as suspending the sale of bonds for state infrastructure projects, Geithner said in a letter to congressional leaders.

Other measures, such as the capital - gains tax exemption on sales of principle residences and the tax - free withdrawal of cash from RRSPs for a down payment on a first home, further support our desire to own.

The first thing to emphasize with clients, said Roger Ma, certified financial planner and founder of financial planning firm lifelaidout, is not only their new home state's income taxes — if there are, indeed, any — but all its other taxes, such as property taxes, sales taxes, inheritance and estate taxes.

This means that a Canadian company with a subsidiary in Bermuda, for example, can bring back foreign profit tax - free in the form of a dividend — provided the subsidiary is carrying out active business, such as sales or manufacturing, and is not merely a P.O. box.

«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.

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.

Past achievements include building the case for deficit reduction in the 1980s and early 1990s, for consolidation of the Canada and Quebec Pension Plans in the late 1990s, a series of shadow federal budgets and fiscal accountability reports in that began in the 2000s, and work on marginal effective tax rates on personal incomes and business investment, which has laid the foundation for such key changes as sales tax reform, elimination of capital taxes, and corporate income tax rate reductions.

We join other business organizations, such as the BC Chamber of Commerce, in applauding today's announcement that B.C. will establish a new Commission on Tax Competitiveness, with a goal of modernizing our current sales tTax Competitiveness, with a goal of modernizing our current sales taxtax.

Our models include the Bank of North Dakota and public banks in other countries, which have put public money, such as property, income, sales and business taxes, fees and fines, to work for the public good, in cooperation with community banks and credit unions.

Known as a «Zestimate,» this home valuation algorithm looks at the recent sale prices of similar properties gathered from public records, such as tax assessments, as well as user - submitted data.

In the United States, most consumption taxes are levied by states and local governments (as retail sales taxes), although the federal government does levy some selective consumption taxes, called «excise taxes,» on items such as alcohol, tobacco products, and gasoline.

U.S. online retailer Overstock.com collects sales tax on sales to places where the company has a physical presence, such as its home state of Utah, said vice chairman Jonathan Johnson.

«We are pleased to see the Obama administration will not cause harm to citizens and states by shutting these businesses down, and hope this will lead to an expansion of sensible policies related to marijuana, such as allowing these businesses access to banking, and taxing them at a fair rate,» said Aaron Smith, executive director of the National Cannabis Industry Association, a Washington, D.C. - based trade group that represents what it says are the thousands of firms involved in marijuana production and sales.

Defenders of the SALT deduction, such as the National Governors Association, point out that state and local income, real estate and sales taxes are mandatory.

In the article, the MSM propagandist states such things as: 2017 has seen, according to his one time Goldman Sachs source, a «dramatic crash in [physical gold coin] demand,» that interest in gold coins is linked to «political conservatism, or anarcho - libertarianism» and «end of the world right wing sentiments,» that gold has been implicated in a «conspiracy to commit money laundering,» that gold is «financed by people in the narcotics trade,» that it comes from «illegal mines and drug dealers in Peru, Bolivia and Ecuador,» that «the federal authorities assume the NTR Metals [case] represented only a fraction of illegally sourced and financed gold,» that therefore the US attorney is broadly investigating the gold industry, that gold is «produced by exploited workers,» that «crude [gold] extraction techniques create serious and lasting environmental damage,» that gold plays an important part in «tax evasion,» that it is related to American gun sales, which the author abhors; that «drug dealers [use] gold imports as a way of laundering their proceeds,» and that «they came to realize that illegal gold [is] an intrinsically better business» than drug dealing; to name but a few of the aspersions cast against gold in the short article.

These firms can transfer their intellectual property to a low - tax place, such as Ireland, and then the U.S. unit pays royalties on the sales to customers in the United States.

That suggests that weak domestic demand is becoming an increasingly significant source of disinflationary pressure, adding to the impact from falling world energy prices and the end of a period of administered price rises as governments sought to repair their finances by increasing revenue from sales taxes and charging more for services such as health care.

Operating margin measures how much profit a company makes on a dollar of sales, after paying for variable costs of production such as wages and raw materials, but before paying interest or tax.

Sale of capital assets such as property, gold, and bonds: in this case, the Capital Gains Tax is charged at the same rate as that of the investor's or the taxpayer's income tax slab raTax is charged at the same rate as that of the investor's or the taxpayer's income tax slab ratax slab rate.

The effect in either case would be to tax a few generations heavily, to buy securities that later will be sold in such large quantities as to lower their price, creating a chronic stock market depression (or bond - market slump) that raises interest rates — unless the central bank monetizes the sale.

For the purpose of evaluating Medicare tax exposure, it's important to know that «unearned» net investment income includes net rental income, dividends, taxable interest, net capital gains from the sale of investments (including second homes and rental properties), royalties, passive income from investments in which you do not actively participate (such as a partnership), and the taxable portion of nonqualified annuity payments.

The digital currency has been considered by the country's tax officials to be «commercial and industrial property» since 2014 and, as such, administered a capital gains tax of 45 % on its sale.

Of course, what Cain doesn't acknowledge is that a sales tax, especially one like his that has no exemptions for items like good such as many state sales taxes do, would disproportionally impact the poor and the middle class.

Over the past several years, the company has worked diligently to overcome issues such as bottle tax regulations, smoking bans in bars and restaurants, and a sluggish economy that has deflated alcohol sales across Michigan.

There are such aspects as tax treatment of the acquisition, incremental revenues from shirt sales, cost savings on letting Bendtner go, safety margins in case of unforeseen expenses or drop in revenues, and agents fees.

VT residents add 6 % sales tax for non-clothing items: such as wet bags, pail liners, and changing pads.

In a win for online shoppers, the budget does not include Cuomo's push to require online marketplaces such as Etsy and Amazon to collect sales taxes, a decision hailed by tech groups

The Executive Budget again proposes to require «marketplace providers,» such as entities that provide on - line sales venues for third party sellers, to collect New York State sales taxes on sales by third party sellers, even when such third parties have no New York «nexus,» i.e., no legal obligation to collect sales tax on behalf of the state.

Other risks, Maragos said, include $ 15.5 million sales tax dollars that may not be realized and $ 22.1 million in labor costs, such as overtime and termination costs, that are underfunded in the budget.

The non-binding budget resolution included such IDC asks as a provision to create an independent monitor to oversee the troubled New York City Housing Authority, diverting more than $ 400 million in city sales tax money to the MTA, and creating a secure choice savings account that would allow workers with no retirement savings plan to set aside money in a fund run by the state.

A sales tax on feminine hygiene products such as tampons dates back to 1965 even as other products remain exempt.

What would now be good to see from governments is more explanation to their citizens of how the tax system actually works, so the public can makes up its mind with all the facts, such as that corporation tax is paid on profits and not sales and it is legitimate for a subsidiary to pay for the use of intellectual property owned by another group company.

Republican State Senator Sue Serino and Democratic Assemblymember Linda Rosenthal announced Thursday that they worked on legislation that would exempt feminine hygiene products, such as tampons, from the state sales and compensating use tax.

During negotiations, two basic things happened to affect the financial plan Cuomo sought: the Senate rejected most of the tax hikes he proposed — such as closing a loophole on third party internet sales on sites such as Amazon — and lawmakers nearly doubled what the school aid increase that Cuomo planned in January.

A $ 100 - per - firearm federal sales tax would help stem the flow of illegal weapons into New York, reducing the number of gun - related deaths such as those of the four NYPD officers killed in the past year, Rep. Nydia Velázquez said Monday.