Sentences with phrase «tax status as»

Due to its tax status as property, «virtual currency is subject to information reporting to the same extent as any other payment made in property» in the U.S.

Editor note: I'm still stymied that non-profit credit counseling organization are granted their tax status as educational organizations but have they not been actively educating consumers on how to even settle their own debts.

Non qualified dividends which one would receive from a REIT do not get the favorable tax status as REITS do not pay taxes if they meet the IRS requirements for REIT status.

It should also be noted that an entity's tax status as a charitable institution, charitable fund, gift - deductible entity or other type of exempt not - for - profit entity may alter the treatment applicable to it under the GST Act.

Second, exercise great care to ensure the correct GST treatment for a supply applies by checking on your tax status as a not - for - profit entity.

Questions are being asked about how the Tory high command allowed Zac Goldsmith, the prominent green campaigner and Tory candidate for Richmond Park, to keep his tax status as a non-domicile when the party was committed to a crackdown on «non-doms».

After the government last November proposed new regulations for these groups, known by their tax status as 501c4s, the IRS received over 150,000 comments — the most ever received on a possible tax regulation change officials said.

The group has a registered tax status as a 501c4 and is not required to disclose who contributes money.

MLPs are subject to significant regulation and may be adversely affected by changes in the regulatory environment including the risk that an MLP could lose its tax status as a partnership.

Not exact matches

And Varadkar must defend Ireland's status as a low - tax destination for U.S. companies from an increasingly activist European Commission.

The World Bank estimates that this sub-heading generated only $ 4.2 million in (estimated) tax revenue for the Canadian government, as 91 % of Canada's imports of these items were manufactured in the United States and are eligible for tariff free status under NAFTA, though this requires companies obtain certificates of origin and wade through NAFTA rules - of - origin regulations that are over 500 pages long.

Last year, the HBO documentary Going Clear drew in millions of viewers as it went in - depth into controversial claims from former members and people associated with the church, while also investigating the religion's tax - exempt status.

Multiple news outlets have reported that Trump is trying to figure out what he could do to Amazon, such as changing its tax status or using antitrust laws against the company.

While we'd like to keep as much money as possible in the business to hedge against a downturn, we find that we're hindered by our corporate form and tax status.

' cents S - corp conversions: Normally when a corporation elects «S corporation» status, it has to pay taxes on any gains it earned while still a C corporation («built - in gains») and realized in its first ten years as an S corporation.

Well, it would be just a drop in the bucket, but cutting off their tax - exempt status as a religious organization might mean a few more bucks in the federal coffers.

The policy makes the tax system more fair, is broadly popular, and is intended to hit wealthy «freelancers» like CEOs who use self - employment status as a tax dodge.

(The trick was figuring out how the company could maintain the program's tax - deductible status as a nondiscriminatory benefit while still ensuring that the children of the company's owner would qualify for some of the scholarships.)

Bonds get their «tax - free» status because the money raised by the bond issue is usually for a «public good or service» such as schools or roads.

The NFL gave up its federal tax - exempt status a couple years ago and now files tax returns as a taxable entity.

When choosing your filing status, remember that you must consider your Federal tax return as well as your State tax return (for most people).

The filing status you choose affects the amount of your standard deduction as well as your eligibility for certain tax credits and tax deductions.

«Recent federal and state investigations and litigation have raised questions as to whether the investment in unconventional assets in retirement accounts may jeopardize these accounts» tax - favored status and place account owners» retirement savings at risk.»

In most cases, your filing status depends on your marital status as of the last day of the tax year (December 31st).

If an entity or arrangement treated as a partnership for U.S. federal income tax purposes holds shares of our common stock, the tax treatment of a person treated as a partner generally will depend on the status of the partner and the activities of the partnership.

If you recall, munis were under pressure at the start of the year as some observers were predicting that tax reform could cause some bonds to lose their favorable tax status.

As The Globe reported: Jack Mintz, director of the School of Public Policy at the University of Calgary, said the unique tax status of U.S. companies -LSB-...]

Your student status will also have significant tax implications in your favour, as tuition fees greatly reduce the true cost of the EMBA program.

As we reduce the small business tax rate to 9 percent from 11 percent, we will ensure that Canadian - Controlled Private Corporation (CCPC) status is not used to reduce personal income tax obligations for high - income earners rather than supporting small businesses.

Backup withholding tax may also apply to payments made to a non-U.S. holder on or with respect to our common stock, unless the non-U.S. holder certifies as to its status as a non-U.S. holder under penalties of perjury or otherwise establishes an exemption, and certain other conditions are satisfied.

BAML's status as a national champion that is embedded deeply in the fabric of the US economy made the question of how to respond to the tax reform interesting to analysts quizzing Moynihan.

With pre-tax (IRA) or tax - free (Roth IRA) accounts, this doesn't matter as much because these types of retirement accounts have favorable tax status.

For those whose tax filing status is single, the Roth contribution phase - out rule does not begin until you earn 118,000 or more, as of 2017, notes Mark Hebner, founder and president, Index Fund Advisors, Inc., in Irvine, Calif..

As for tax status, the study found that mortality rates for variable annuities are nearly 15 percent lower for tax - qualified contracts than for non-qualified contracts.

Both bills provide for similar changes in the corporate and international tax code but differ mostly in the structure of the individual tax code, including the tax treatment of pass - through businesses and individual income tax brackets as well as the status of the estate tax.

An independent Puerto Rico could also establish a tax and regulatory framework that is suitable to its status as a middle - income country, rather than subjecting businesses to policies designed for the much richer United States.

They may eventually be forced into embracing the technology as a means to retain their status quo and ability to collect taxes.

Among them are the rights to: bullet joint parenting; bullet joint adoption; bullet joint foster care, custody, and visitation (including non-biological parents); bullet status as next - of - kin for hospital visits and medical decisions where one partner is too ill to be competent; bullet joint insurance policies for home, auto and health; bullet dissolution and divorce protections such as community property and child support; bullet immigration and residency for partners from other countries; bullet inheritance automatically in the absence of a will; bullet joint leases with automatic renewal rights in the event one partner dies or leaves the house or apartment; bullet inheritance of jointly - owned real and personal property through the right of survivorship (which avoids the time and expense and taxes in probate); bullet benefits such as annuities, pension plans, Social Security, and Medicare; bullet spousal exemptions to property tax increases upon the death of one partner who is a co-owner of the home; bullet veterans» discounts on medical care, education, and home loans; joint filing of tax returns; bullet joint filing of customs claims when traveling; bullet wrongful death benefits for a surviving partner and children; bullet bereavement or sick leave to care for a partner or child; bullet decision - making power with respect to whether a deceased partner will be cremated or not and where to bury him or her; bullet crime victims» recovery benefits; bullet loss of consortium tort benefits; bullet domestic violence protection orders; bullet judicial protections and evidentiary immunity; bullet and more...

It seems that your own atheist brethren can; t seem to grasp it either, as they have claimed to «worship the god of reason», and have demanded tax - exempt status, and are demanding that atheist «deacons» frequent military chapels...

As long as churches and other special interest groups receive tax exempt status, we are ALL being required to pay for things we don't believe iAs long as churches and other special interest groups receive tax exempt status, we are ALL being required to pay for things we don't believe ias churches and other special interest groups receive tax exempt status, we are ALL being required to pay for things we don't believe in.

As far as tax exempt status, why shouldn't an atheist organization get the same perks as a religious organizatioAs far as tax exempt status, why shouldn't an atheist organization get the same perks as a religious organizatioas tax exempt status, why shouldn't an atheist organization get the same perks as a religious organizatioas a religious organization?

And the government's removal of tax - exempt status had a purpose: one Supreme Court justice described it as «elementary economics: when something becomes more expensive, less of it will be purchased.»

No, Weyrich insisted, what got us going as a political movement was the attempt on the part of the Internal Revenue Service (IRS) to rescind the tax - exempt status of Bob Jones University because of its racially discriminatory policies.»

No it's not — where's it's church where's it's God and more importantly where's its tax exempt status as a «religion»?

The governement should not offer any incentives to these cults, such as tax exempt status.

Blame government if any for allowing churches to run as businesses under the 501 3c tax exempt status and government intertwining themselves with corporate cronyism.

''» will, inevitably, be used to punish religious bodies that do not recognize any such thing as same - sex «marriage»: by taking away their tax - exempt status, denying their ministers the legal capacity to act as witnesses of marriage under civil law, or both.

When the Supreme Court revoked Bob Jones University's tax - exempt status in 1983 because of its racial discrimination, it noted that «certain governmental interests are so compelling as to allow even regulations prohibiting religiously based conduct.»

Roberts looks ahead to the likelihood of future conflicts between gay rights and religious rights, such as the tax status of conservative Christian colleges.

And non-profits that benefit solely women, or african - americans, or gays even — should all lose their tax exempt status as well huh?