Sentences with phrase «tax on a cash»

(She'll still be paying her taxes on a cash basis.)

But we tax on a cash basis for personal returns so we need to have a corporate income tax to get at the profits that a corporation has.

Proposed changes in a plan supported by Paul Ryan, Speaker of the house, would levy an 8.75 % tax on cash and cash equivalents and 3.5 % on other profits, spread over an eight - year period.

The benefit to Singh was that he did not have to pay Social Security and other employee - related taxes; the benefit to the workers was that they did not pay state and federal taxes on cash wages.

And if you utilize the policy correctly, using loans and avoiding coverage lapses or surrenders, you will never need to pay taxes on the cash value growth.

Since you're essentially taking out all the money you put into your house over the years, you don't have to pay taxes on the cash or worry about having your Old Age Security or Guaranteed Income Supplement clawed back.

If you practice proper policy management, you may never need to pay taxes on the cash value growth.

And if you practice proper policy management, you may never need to pay taxes on the cash value growth.

Taxes on cash value life insurance under IRC 7702 are deferred.

By taking out policy loans, rather than outright withdrawing your cash value, you can avoid ever paying taxes on your cash value growth.

Just to be clear when I say that TFSA contributions are taxed I mean that you pay whatever tax you had to pay to generate the cash (whether that is income tax, tax on interest, tax on capital gains, tax on dividends doesn't really matter) so it isn't like that is an additional tax on cash that is contributed to a TFSA, you just don't get a tax deduction on contributions like you do with an RRSP.

«In addition to having to pay income tax on the cash, the funds can also be subject to a 10 percent penalty.»

When an investor receives a K - 1, he or she will recognize their portion of the taxable income from the partnership but typically will not pay tax on their cash distributions.

I am fine with that, the issuance of shares to pay dividends led to a dilution for existing shareholders, the flipside is that there is a witholding tax on cash dividends from Royal Dutch Shell of 15 %, so my income from that wonderful company will be lower than in the previous year (it was around USD 600 in 2017 and will be around USD 500 in 2018).

And if you utilize the policy correctly you will never need to pay taxes on the cash value growth.

And although it is tax deferred, if you practice proper policy management, you may never need to pay taxes on the cash value growth.

You may need to pay taxes on your cash winnings regardless of how much you earn.

I don't relish the idea of paying taxes on cash backs when I've already paid taxes on the purchases that supposedly get me that reward.

Cash is always safe and steady, but be sure to talk to your tax advisor on that issue as you may end up having to pay tax on cash rebates but not on travel point rebates.

That roughly lines up with the $ 27.80 in taxes on the cash flight and shows that Etihad does not collect fuel surcharges on American Airlines flights.

You might be wondering if and when you have to pay income tax on the cash value portion of your policy.

You pay no current income taxes on the cash value growth.

However, the only time you will be taxed on your cash value is when you withdraw money over and above the premiums you paid into the policy.

Inflation is essentially a tax on cash holdings, which is why we advise that most of your cash go into investment funds.

The disadvantage to life insurance is that, if you own a permanent policy, you must keep the policy in force to avoid paying income tax on the cash value.

You can withdraw up to your basis in the policy without having to worry about income tax on the cash withdrawal.

And if you use policy loans you may never have to pay taxes on your cash value growth.

If structured properly, policy withdrawals and loans can be used to essentially eliminate taxes on cash received from a life insurance policy.

You pay taxes on the cash value of life insurance policies only if the amount you receive is more than the amount you paid in premiums.

And if you utilize the policy correctly, using loans and avoiding coverage lapses or surrenders, you will never need to pay taxes on the cash value growth.

By taking out policy loans, rather than outright withdrawing your cash value, you can avoid ever paying taxes on your cash value growth.

Section 1035 exchange: Under IRS Section 1035, a policyowner can exchange one life insurance policy with another and transfer the accumulate cash value from the old policy to the new one without incurring any taxes on the cash accumulation.

If you practice proper policy management, you may never need to pay taxes on the cash value growth.

In the case of a cash value policy, you do not pay taxes on the cash value accumulation until you withdraw funds from the policy.

Through the use of policy loans, policyowners can completely avoid federal, state, and local income taxes, as well as the alternative minimum tax on the cash flow.

No; one of the benefits of having a QDRO is that when it is drafted to divide or transfer funds incident to a divorce, and the division or transfer takes place, it becomes a tax and penalty - free event, with the exception that if the receiving spouse elects to take any amounts in cash at the time of the transfer, they will pay ordinary tax on the cash amount at their own tax rate.

Not exact matches

Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other thintax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other thinTax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.

Manafort «borrowed millions of dollars in loans using these properties as collateral, thereby obtaining cash in the United States without reporting and paying taxes on that income,» the indictment says.

An incredible investigation into the Republican tax plan revealing that many of the biggest tax - avoidance schemes were left untouched — and a cottage industry has sprung up to cash in on one of them.

Thanks to tax cuts, companies have access to more cash they can spend on deals.

A cash reserve can cover costs in the interim, while you're waiting for profits, and also help in planning for taxes that may catch you off guard and take a chunk out of the money you were planning to use on other expenses.

Though many tech companies had been stockpiling cash overseas to defer paying taxes on their foreign profits, the new law requires companies to pay taxes on those holdings immediately but at reduced rates.

It's expected to be a noisy quarter for bank earnings in general, thanks in part to the tax law, which has caused many banks to book losses on repatriated cash and deferred tax assets that declined in value.

On this side of the 49th parallel, the cash problem isn't so much tax evasion and drug dealing as counterfeiting.

If a customer orders an item for delivery, the deposit is recorded on the books, but she collects the balance in cash and does not report it to the tax authorities.

The First - Time Donor's Super Credit will increase the value of the existing tax credit by 25 % on cash donations of up to $ 1,000 if neither the taxpayer nor their spouse has claimed the credit since 2007.

This created a windfall by delivering one unit of Bitcoin Cash for every bitcoin — but also a minor tax nightmare, since no one is quite sure on how to report such airdrops to the IRS.

Prior to the enactment of NAFTA in 1994, companies regularly paid as much as 30 percent taxes on goods traveling between Canada, Mexico and the U.S. — making it near impossible to trade internationally for smaller, cash - constrained firms.

Apple's cash on hand fell to $ 267.2 billion in the March 2018 quarter, as new tax changes have freed up spending options for the iPhone giant.

Should you cash out on your red hot stock and pay short - term capital gains tax, or take a chance and wait out the year to be eligible for long - term capital gains tax?