Sentences with phrase «tax authorities the power»

Not exact matches

As Vox's Alexia Fernández Campbell explained, as tax breaks faded, businesses left the island, and so did workers and utility customers, eating into the revenue of the Puerto Rico Electric Power Authority, the unregulated utility monopoly.

«Those are costs that could be considered a hidden tax on people who pay utility bills across New York to support the state budget with dollars that are flowing through the New York Power Authority,» said Deputy State Comptroller Bob Ward.

We also propose decentralising tax raising powers to local authorities, which the evidence shows boosts growth and improves public sector efficiency.

«Real localism will only be achieved by delivering real powers, including a range of tax - raising and revenue - generating powers for local authorities.»

It should be there, where necessary, to explain or amplify the tax authority's view of the law where it is within its collection and management powers to do so.

Certainly the flagship Cities and Local Government Devolution Bill does not devolve tax powers from Westminster to local authorities.

The Long Island Power Authority wants to reduce the property taxes it pays on four Long Island power plPower Authority wants to reduce the property taxes it pays on four Long Island power plpower plants.

It authorizes $ 150 million in a tax credit offsetting donations to educational scholarship funds, reauthorizes mayoral control of New York City schools for three years, legalizes mixed martial arts, and transfers the Canal Corporation from the Thruway Authority to the Power Authority.

David Cameron is planning to set limits on the power of the House of Lords after George Osborne suffered a major blow to his authority when peers voted to delay tax credit cuts in order to protect those who would lose out.

A state Supreme Court judge Tuesday ordered the Long Island Power Authority to pay Nassau school districts the full amount of tax payments billed by the county for the 2015 - 2016 school year.

Currently, the Citizens Budget Commission (CBC) prepares the most comprehensive view of state and local economic development efforts statewide; however, the usefulness of this presentation is limited because it is based mostly on available data published for past years.1 A UEDB should be part of the Executive and Enacted budgets and should include prospective information showing the costs of all economic development programs for the coming fiscal year.2 To capture the full scope of economic development costs, a UEDB should bring together tax expenditures and spending at state agencies and authorities, as well as the value of discounted power offered by the New York Power Authopower offered by the New York Power AuthoPower Authority.

A state Supreme Court judge ordered the Long Island Power Authority to pay Nassau school districts the full amount of tax payments billed by the county for the 2015 - 2016 school year.

Locally controlled industrial development agencies provided at least $ 22 million in tax abatements to food companies, and discount power programs managed by the state power authority have provided discounted electricity with a minimum estimated value of $ 7.6 million.

State Representatives: Senator Terrence Murphy; Assemblywoman Sandy Galef; and several state agencies, including the Office of the Governor; Education Representatives; Department of Public Service; Department of Environmental Conservation; Department of Labor; Department of Tax and Finance; Empire State Development; New York State Energy Research & Development Authority; Department of State; New York State Division of Homeland Security & Emergency Services; and the New York Power Authority.

Examples of the early successes of task force members include legally establishing its operating authority and scope of operation in the State Budget, requiring a study of re-use options of the Indian Point property, adding an additional $ 15 million to the State's Power Plant Cessation Mitigation Fund starting in 2020, extending the timeline for payments from that fund, and authorizing the HendrickHudson School District to start a reserve fund to plan for future tax impacts.

The administration made its thoughts known on a first investigatory commission that looked at the Long Island Power Authority, and created a second tax commission when it didn't like where its first tax commission was heading.

for one, the power authority spends zero tax dollars.

The Long Island Power Authority has been paying inflated taxes for years on four National Grid gas - fired plants, including the one in Northport.

«You look at things that were successful, whether it be the waterfront, which has more to do with the re-licensing of the New York Power Authority and things Congressman (Brian) Higgins has done; you look at the Buffalo Niagara Medical Campus, investments started to take place 20 years ago to make that a reality; look at historic tax credits, things that preceded this governor,» Walter said.

She would allow local authorities to raise a tourism tax, while environmentally friendly power firms and bus companies would be created to raise public funds.

In exchange for the tax, much of U.S. EPA's regulatory authority over carbon dioxide emissions would be phased out, including the Obama administration's Clean Power Plan.

They have no taxing power, no access to state capital budgets, and, ordinarily, no bonding authority — they are shut off from the prevailing public sources of revenue for school construction.

Parity Parity price Participating preferred stock Participating (semi-fixed) Trusts Partnership Par value Passive income Pass - through security Payment date P / E ratio Penny stocks PHA Bonds Phantom income Pink sheets Placement Ratio Plan completion life insurance PN Point Portfolio income Position limits Positions book Pot Power of attorney Pre-dispute arbitration clause Preemptive right Preferred stock Preliminary prospectus Preliminary study Preliminary statement Premium Pre-refunding Pre-sale order Price to Earnings ratio Primary distribution Primary market Prime rate Principal Principal stockholder Principal transactions Private placement Private placement memorandum Private securities transaction Proceeds sale Production purchase program Profile Profit - sharing plans Program trading Progressive tax Project note Prospectus Prospectus delivery period Proxy Prudent Man Rule Public float value Public Housing Authority Bonds Public Offering Public offering price Purchaser's representative Put bond Put option Put spread

Such documents include, but are not restricted to, stock powers, trust instruments, certificates of death, appointments as executor, certificates of corporate authority and waiver of tax required in some states when settling estates.

It is worth pausing there to consider that the independent power - pricing authority is saying businesses will face even bigger rises in power bills because of the green schemes and that these rises - not those related to the carbon tax - have been the fastest - growing part of power bill rises in the past two years.

Local authorities will be given powers to double the council tax on empty properties.

As well as making it easier for the authorities to track individual's internet and mobile phone usage, the new law confers sweeping new surveillance powers on numerous government departments, allowing agencies including police and security services, the tax office, health authorities, benefits agencies and many others, to use malware and other equipment interference techniques to covertly monitor private conversations and access stored data.

This Military Power of Attorney will allow such powers as: taking possession and accepting delivery of personal property, managing housing and real estate transactions, using and operating motor vehicles in the service member's name, performing banking transactions, preparing and filing the service member's taxes, and many other available authorities.

In a decade of dealing with clients» tax matters, Cornerstone has emerged as the leading authority in the sector, powering solutions for clients and the industry.

Does it matter that the former was about the inspection powers of the tax authorities and the latter about search warrants?

He regularly advises local authorities in relation governance and elections, financial arrangements, borrowing powers, land transactions and regeneration schemes, trading arrangements, powers to charge, Council Tax, equality and diversity obligations (including the public sector equality duty), and vires.

The Criminal Finances Act is a continuation of this and we should expect tax authorities to quickly wield these new powers to target corporate facilitators wherever they are around the world.

In this litigation, we must decide whether the authority that Congress has granted the Chief Judge of the United States Tax Court to appoint special trial judges transgresses our structure of separated powers.

Measures which local authorities are instructed to use include control of the power supply to Bitcoin mines, as well laws regarding tax, land use and environmental protection.

Internal Revenue Ruling 2004 - 86, which forms the income tax authority for structuring a Delaware Statutory Trust or DST transaction for use with a 1031 Exchange has prohibitions over the powers of the Trustee of the Delaware Statutory Trust of DST, which are known as the «seven deadly sins,» and include the following:

If the city levies this new tax, other municipalities could seek authority from the provincial government to exercise the same power, says TREB.