Sentences with phrase «tax purposes only»

For income tax purposes only, salespersons working in a 100 per cent house are not considered to be employees, but operate as independent contractors.

Furthermore, safeguards will be put in place to protect taxpayer confidentiality and to restrict the use of information sent to foreign tax authorities to tax purposes only.

If that is the motive, I'd suggest going to the landlord and offering to pay $ 50 a month extra for a sublease for tax purposes only with cross-guarantees which puts one more entity on the hook for rent.

Note that the top of the form states in bold italics that «An IRS individual taxpayer identification number (ITIN) is for federal tax purposes only.»

A standard entry (ies) can be made for tax purposes only when your taxes are being prepared or any time you need to see where you stand with your taxes.

Please note that T3 and T5 slips issued by Canadian mutual funds are for Canadian tax purposes only and do not contain sufficient information to support a QEF election.

Although you actually held the stock 21 months, for tax purposes you only get credit for holding it nine months.

He explained that he rarely even checks his stock prices, and when he does it is usually for tax purposes only.

It's important to remember however that this is your total income for tax purposes only, and not your absolute total income.

You should avoid using it for a tax purpose only.

Not exact matches

These new contributions will be accounted for separately and will be deductible for tax purposes — unlike current CPP contributions which only get a non-refundable tax credit.

For the purposes of the EPS calculation only, the net profit for the year attributable to ordinary shareholders has been adjusted to include the coupon, net of tax, on the perpetual bonds.

Keep in mind that an ITIN can only be used for U.S. tax purposes; it can not be used as identification for any other purpose (such as qualifying for U.S. citizenship or Social Security benefits).

The materials provided on this Web site are for informational and educational purposes only and are not intended to provide tax, legal, or investment advice.

The information contained herein is general in nature, is provided for informational purposes only, and should not be construed as legal or tax advice.

These rules apply to taxes only, as there still is no GAAP guidance for financial statement purposes.

The Fixed Income Analysis tool is designed for educational purposes only and you should not rely on it as the primary basis for your investment, financial or tax planning decisions.

Any information communicated by Equity Trust Company is for educational purposes only, and should not be construed as tax, legal or investment advice.

The information provided is for informational purposes only and should not be considered financial, tax or legal advice.

This discussion applies only to a U.S. Holder that holds our ordinary shares or ADSs as a capital asset for tax purposes (generally, property held for investment).

This article is for informational purposes only and not intended to be tax advice.

It can be used for many purposes, for example as a Revenue office Dublin address, a Tax office address in Dublin (sole traders or private individuals only)

The content provided on this website is for informational purposes only, and investors should not construe any such information or other content as legal, tax, investment, financial, or other advice.

The materials on this website have been prepared for informational purposes only and do not constitute financial, legal, tax or any other advice.

The tax information and estate planning information contained herein is general in nature, is provided for informational purposes only, and should not be construed as legal or tax advice.

Although the company would only formally value the common stock at that price once it completes a so - called 409a valuation — which sometimes happens shortly after an acquisition like this, in part for tax purposes — this offer is almost certain to affect the so - called fair market value of the company in its next 409a review.

Meanwhile, of course, the same process is going on at progressively different stages on each of the other two sides of the rotor — a circumstance that has led shrewd German tax assessors to classify the Wankel as a «three - cylinder engine» although its German manufacturers stoutly insist — for tax purposes — that it is only a «one - cylinder engine.»

Keep in mind, though, that only one parent can claim each child as a dependent for tax purposes.

The only decent argument for repealing the payroll tax is that the state has raided it for non-MTA purposes.

Specifically, there is: A new and burdensome requirement on self - employed people to report their transactions monthly, within only seven days of their month end, if they might be eligible for universal credit, and to do so using a different method of calculating their earnings than is used for tax purposes.

The only difference between this and other taxes is that this one is specifically designated for one purpose - the money can't be used for things like infrastructure or going to war, it has to be used for paying those who have retired.

In addition to the new fees on for - hire services, the Assembly plan would impose a real estate transfer tax on residential and commercial properties valued above $ 5 million and a New York City - only surcharge on properties purchased solely for investment purposes.

The Government announced today that... · only businesses with a turnover above the VAT threshold (currently # 85,000) will have to keep digital records and only for VAT purposes · they will only need to do so from 2019 · businesses will not be asked to keep digital records, or to update HMRC quarterly, for other taxes until at least 2020 Making Tax Digital will be available on a voluntary basis for the smallest businesses, and for other taxes.

«The commission will now only vet individuals who are already resident in the UK for tax purposes and commit to remaining so.»

The Assembly would also impose a real estate transfer tax on residential and commercial properties valued above $ 5 million and a New York City - only surcharge on properties purchased solely for investment purposes.

In the property tax bills for 2016, for example, a countywide average of 68 percent was for school taxes and only 11.4 percent was for «county purposes.»

Upon dissolution or winding up of said corporation's affairs, whether voluntary or involuntary, all of its assets then remaining in the hands of the board of directors shall, after paying or making provision for payment of all of said corporation's liabilities, be distributed, transferred, conveyed, delivered, and paid over only to educational, scientific, literary, or charitable organizations that are exempt from federal income tax under section 501 (c)(3) of the Internal Revenue Code of 1986, as amended, and which are not private foundations within the meaning of section 509 (a) of the Internal Revenue Code of 1986, as amended, on whatever terms and conditions and in whatever amounts the board of directors may determine, for use exclusively for educational, scientific, literary, or charitable purposes, except that no distribution shall be made to organizations testing for public safety.

Even though the leaked documents prove this money is specific for climate projects, the Donors Trust tax forms only disclose the funding's purpose as «general operations.»

Consistent with IRS guidelines, only the excess of the contribution over the fair market value of any items received in exchange for a contribution is deductible for federal tax purposes.

Information shown is for illustrative purposes only and is not intended as investment, legal or tax planning advice.

Information in this guide is general in nature and is intended for informational purposes only; it is not legal, health, investment or tax advice.

Your participation in our scholarship constitutes your consent for us to use your essay and personal information only for the purpose of offering the scholarship, awarding the scholarship to the winner, and any reporting responsibility to taxing authorities.

Any retail and invoice prices appearing on this Site are for educational purposes only and do not reflect the actual selling price of a particular vehicle and do not include additional fees such as government fees and taxes, title and registration fees, finance charges, dealer document preparation fees, processing fees, and emission testing and compliance charges.

* Estimated payments are for informational purposes only and don't account for acquisition fees, destination charges, tax, title, and other fees and incentives or represent a financing offer or guarantee of credit from the seller.

In FD the tax is deducted every year, however for simplicity purposes we will deduct tax at the end of 3 year period only.

If you are the majority owner of the company and the firm provides life insurance for a group of employees, as opposed to only you the boss, the premiums may be deductible depending on the specifics of the situation; you should consult a tax specialist before making a final determination on how to account for these premiums for tax purposes.

Unemployment is taxable income for federal tax purposes, while Social Security is only taxable if your income from certain sources exceeds a specified threshold.

Please remember the tuition and fees deduction can only be taken on the Iowa return if the same deduction was taken for federal tax purposes.

This leaves the purpose of obtaining the tax benefit as the prevailing or only purpose of the participants in the scheme.

Homeowners insurance premiums usually can not be deducted from a tax return because most people only use their home for personal purposes — they live in it.