Sentences with phrase «tax domiciles»

Trump appears to be simultaneously criticizing inversion mergers that shift drug companies» tax domiciles overseas, pharma's tactic of using manufacturing plants in European, Asian, and African countries, and high drug prices.
The trend to inversions has been particularly strong in the pharmaceuticals sector, where many essentially U.S. - based or - focused companies have shifted their tax domicile to countries such as Ireland or the Netherlands, which have particularly generous corporate tax regimes, especially as regards monetizing patent - protected intellectual property.
His own manifesto ideas include a maximum wageand invading Jersey because of its popularity as a tax domicile - or as a home for tax dodgers, depending on your viewpoint.
«The focus on high profile or political figures arising from the recent publicity maybe actually be distracting attention from the main issue, which is whether the rules concerning the tax domicile and attribution of profits by multinational corporations needs to be reformed,» he said.

Not exact matches

The terms of the deal will allow Pfizer to domicile in Ireland, where corporation tax is just 12.5 percent, significantly less than the 40 percent rate charged in the U.S.
The U.S. Treasury department is set to unveil its latest plans to crack down on corporations who cut their tax bills by moving their domicile abroad.
The deal values the combined company at $ 160 billion (including debt), and, as expected, is structured in such a way as to reduce Pfizer's tax bill by moving its domicile out of the U.S. to Ireland.
and I am blessed that I live in the country whose multinationals are taking over the world, which allows me the benefit of owning companies I understand and benefitting from the favorable tax structure that exists for companies domiciled in the United States.
For instance: «This wiki page tells us VWRL has about 10 % in withholding taxes paid, while for a US domiciled world - ETF like VT the withholding taxes paid would be about 3 - 4 %.
Because intellectual property is their primary asset, many of these firms can list their domiciles in far - away, frequently low - tax environments — effectively concentrating their profits away from the societies they depend on for their prosperity.
· Inheritance tax — that UK law remains discriminatory against individuals who are not domiciled in the UK but who are, or have been, married to, or in a civil partnership with, someone who is domiciled in the UK.
«The most significant measures in the Bill are probably changes to corporation tax and to the regime for non-UK domiciles.
On 1 March 2010, Ashcroft admitted that he was not domiciled in the UK for tax purposes.
Even then they expected us to wait for seven years before expecting non - domiciles to pay a fair share of tax on their worldwide income.
Few of the people who currently earn large amounts from private equity are domiciled for tax purposes in the UK anyway.
Ordinary residence status is often far more significant than domicile when it comes to detrmining tax status - as domicile status only helps shelter passive income which arises overseas, while not being ordinarily resident allows the person concerned to allocate their income between UK and non UK duties.
The virtue of this rule is that someone with intangible assets can fill out one tax return for their domicile regardless of the myriad places where the payers of those intangible assets are located.
Remember when you're making international comparisons that it's not just the exchange rate to factor in — Whitcoulls, as a New Zealand - domiciled retailer, has to charge the 12.5 % (shortly 15 %) Goods and Services Tax, an impost that Amazon and other international sites avoid.
However, since these funds hold US - domiciled assets, the fund itself pays a 15 percent withholding tax.
In fact, a withholding tax will be charged by Canada on the dividends as VEU is domiciled in the US.
Unlike RGA, they operated to a high degree in a wide number of offshore tax and insurance haven domiciles — notably Bermuda, Ireland, Cayman Islands, and others.
Domestic partners and same sex spouses, therefore, can submit only state tax returns based on the rules of the state where they are domiciled.
On this basis alone, US - listed global REIT ETFs appear to be more tax - efficient when held in an RRSP, and Canadian - domiciled global REIT mutual funds (that hold the underlying REITs) appear to be more tax - efficient when held in a non-registered account.
As far as I can tell, UK domiciled stocks don't have withholding taxes (not sure if that's the case for all?)
On the other hand, if you were to leave New Jersey, establish domicile in balmy Florida, or one of the 31 states without an estate or inheritance tax, and die there, your heirs would owe zero in Florida estate taxes.
When US domiciled multi-nationals earn profits in foreign jurisdictions, the cash profits would be taxed if repatriated for share buy - backs.
Because my account is domiciled in Singapore, I won't have to pay capital gains taxes on this product, and there is no interest income.
What we've called «Level I» tax is levied by the countries where the stocks are domiciled (in this case, European and Asian countries), while «Level II» is an additional 15 % withheld by the US government before the US - listed ETF pays the dividends to the Canadian ETF.
Cooper was also domiciled in Ireland, which allowed Eaton to incorporate there and enjoy substantially lower tax rates on its corporate profits — Ireland's tax rate is 12.5 % compared with 35 % in the U.S.
To include local income taxes, we domiciled each return in the state's most populous location, with one exception: New York State, in which New York City's exceptionally high local income tax would have skewed the outcome.
And also, with every year / decade, more & more economic value creation comes from intangible assets / intellectual property — as the US government's painfully learned (due entirely to its own uncompetitive tax position), it's much much harder to nail down (& tax) the ownership / domicile / source of this value creation!
Tax texture: What are the differences between an Irish domiciled ETF with automatic reinvestment and a Luxembourg - based fixed income tracker?
In a RRSP account, it will still be advantageous to hold VTI because an investor can avoid withholding taxes paid by Canadian domiciled funds but not registered accounts.
If I purchase a ETF (listed on a foreign exchange such as Xetra) domiciled in Luxembourg whose components soley comprise of companies from the United States and the ETF fact sheet indicates that its dividend yield is 1.99 % and under «Income Treatment» it indicates «reinvestment» what are the tax implications for the following (assuming the ETF is kept in a non-registered account):
Canadian domiciled mutual funds and ETFs show withholding taxes paid to foreign governments.
One thing that confuses me: Canadian domiciled funds and ETFs pay U.S. withholding taxes on the underlying holdings, but Canadian domiciled funds that are based on swaps like HXS do not (apparently).
The above illustrative example highlights the expected after - tax performance benefits of holding a TRI Canadian Equity ETF versus another Canadian domiciled physically replicated Canadian Equity ETF in a non-registered account, assuming both ETFs earned / reflected a net 2 % dividend and track the exact same universe of stocks.
For the state estate tax purposes, whether the laws of New York or California apply may often turn on which state Ms. Rivers was deemed to be domiciled in at the time of her death.
More importantly, from an estate tax perspective, the estate would very much want to avoid New York's burdensome estate tax and to benefit from the laws of California, which hasn't had a state estate tax for those domiciled there since Jan. 1, 2005, when it was phased out under the provisions of the Economic Growth and Tax Relief Reconciliation Atax perspective, the estate would very much want to avoid New York's burdensome estate tax and to benefit from the laws of California, which hasn't had a state estate tax for those domiciled there since Jan. 1, 2005, when it was phased out under the provisions of the Economic Growth and Tax Relief Reconciliation Atax and to benefit from the laws of California, which hasn't had a state estate tax for those domiciled there since Jan. 1, 2005, when it was phased out under the provisions of the Economic Growth and Tax Relief Reconciliation Atax for those domiciled there since Jan. 1, 2005, when it was phased out under the provisions of the Economic Growth and Tax Relief Reconciliation ATax Relief Reconciliation Act.
National muni funds will pay interest that is free from federal tax, but funds that focus on your domicile may have no tax liability at all.
Accordingly, prospective investors (particularly those not residing or domiciled in the United States) should consult their own tax advisors regarding the consequences of investing in the funds.
Accordingly, prospective investors (particularly those not residing or domiciled in the United States) should consult their own tax advisors regarding the consequences of investing in the fund.
DL 919, natural persons not domiciled in Peru, can enjoy 19 % exemption from Sales Tax on the concepts of accommodation and meals, if their stay does not exceed 60 days.
According to the hotel's country of domicile, these prices may be quoted exclusive of taxes, inclusive of VAT only or inclusive of all taxes (i.e. VAT and tourist tax included).
This isn't a tax dodge, it's perfectly legal for a company to move their HQ to a more tax friendly domicile.
End tax exile by following the US and taxing without reference to either the location of the earner's domicile or the country of the income's origin.
The Climate Accountability Institute (2014 Assets: $ 31,579): a 501 (c)(3) tax - exempt strategy organization incorporated September 1, 2011 in Snowmass, Colorado and domiciled in a residence near the town.
Beatrice's primary focus is on international tax, trusts and estate planning for UK and non-UK resident and domiciled clients.
In addition, the CGT anti-avoidance rules which tax UK resident and domiciled settlors who (or whose family members) can benefit from non-resident trusts have not applied to nondomiciled settlors.
The Treasury consultation, Paying a Fairer Share: a Consultation on Residence and Domicile, issued on 6 December 2007 stated that one of the anomalies to be corrected was «the fact that certain anti-avoidance legislation, such as provisions introduced to prevent UK residents from making gains tax free in offshore structures, does not work effectively in relation to remittance basis users.
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