Sentences with phrase «tax status of»

Commercial real estate could get whacked by a change in the tax status of 1031 like - kind exchanges.

The form, which is necessary to complete only if you have a question about the tax status of a worker, poses a series of questions on the work performed and the behavioral and financial controls the company has over the worker.

Considerations can include the tax status of investment and retirement accounts, dealing with encumbered (mortgaged) property, and the special legal requirements when dividing qualified retirement plans.

In past years, the same Department of Finance warned the entire taxation system would come crashing down if same - sex couples got the tax status of married couples and would therefore cost anything up to $ 2bn.

The European Court of Justice is still analysing the case filed by Sweden on the tax status of bitcoin.

President of CVA, Oliver Bussmann, has recently spoke in favor of governments developing clear and comprehensive regulatory frameworks for ICOs, stating that «the explosion of innovation surrounding blockchain and cryptocurrency technologies... has caught the attention of regulators worldwide, who wish to protect participants by clarifying the exact function and legal and tax status of the tokens....

If you are using paid up additions to increase your cash value you need to be aware that over funding your policy will change the tax status of your policy to that of a modified endowment contract (MEC).

When a policy becomes a MEC, the tax status of death benefit is unaffected and any policy build up continues to grow tax deferred.

Thus, it is important to discuss the tax status of any policy you are considering with your tax advisor.

Law firms will need to clarify the legal and tax status of gig workers to ensure they receive the same protections (and benefits) as other self - employed workers.

The original inheritance tax status of trusts lies in the Finance Act 1975, which replaced estate duty with capital transfer tax.

This is, at least in part, why the status and tax status of workers is being considered carefully following publication of the Taylor Review last July.

In order to support this finding, the GC based itself on recital 140 of the Decision, where the Commission found that, because of the tax transparent status of the EIGs, which enables different operators to join and finance any investment or carry out any economic activity, the tax status of the EIGs under Spanish law did not confer any selective advantage to the EIGs or to their members.

[3] The STL system is in fact composed of 5 different measures, namely (1) the accelerated depreciation rule (Article 115 (6) of the Spanish Tax Law on Corporate Tax (TRLIS)-RRB-; (2) the discretionary application of early depreciation (Article 115 (11) TRLIS and Articles 48 (4) and 49 of the Spanish Regulation on Corporate Tax (RIS); the tax status of EIGs (Article 48 and 49 TRLIS); (4) the Tonnage Tax system (Articles 124 to 128 TRLIS); and (5) a rule according to which certain sea - going vessels that would normally be regarded as used or second hand upon their transfer into the Tonnage Tax system are deemed to be new (Article 50 (3) RIS).

Decisions tended to be based on the tax status of which fund paid them, and some employees paid from an office's 501 (c)(4) funds were told their employer did not qualify.

If you and your spouse request an extension, you can decide at a later time whether to finalize your taxes using a tax status of

This applies across the board, regardless of the tax status of the group engaging in the activity.

At the beginning of every year, the funds provide shareholders with information detailing the tax status of any distributions a fund paid during the previous calendar year.

Most countries don't recognize the special tax status of Canadian TFSAs, but not all countries tax foreign investment income or capital gains anyway.

Investors should take into account that the tax status of various agency bond issues varies depending on the agency issuer.

If you are using paid up additions to increase your cash value you need to be aware that over funding your policy will change the tax status of your policy to that of a modified endowment contract (MEC).

The tax status of a capital gain distribution is determined by how long the fund held the underlying security that was sold, not by how long you have owned the fund.

When you invest with Wealthfront your diversified asset allocation will depend on the tax status of your account (taxable or tax deferred), and what is the most tax efficient method of investing for you.

The book does note the favored tax status of carried interest, but takes the position that the private equity investors are following the law, and that they will follow the law should it be changed.

It also addresses the tax status of the bonds.

Washington — If the House - approved tax - reform bill becomes law with its rule on contributory pensions intact, the measure would change the tax status of the vast majority of school employees who retire in the next few years.

Predictably, the article quotes a detractor focused on the tax status of those providing the courses:

-- Madison and Oneida counties will drop all lawsuits challenging the tax status of Oneida nation land.

Technically, the Common Council could change the tax status of the facility, but Hoffay, council majority leader, thought that unlikely.

Colin Ben Nathan, Chair of the CIOT's Employment Taxes Sub-committee, said: «Whatever it brings in fairness for the worker, unless the tax status of «dependent contractors» is addressed at the same time as their employment and other rights are established, the tax system will remain complex and distorted.

He also faced criticism from the Information Commissioner for being «evasive» over the tax status of Lord Ashcroft, the Conservatives» deputy chairman, and for announcing that Lord Stern would be the party's adviser on climate change, which Lord Stern denied.

The Tories have a 7 per cent lead over Labour, according to the Daily Express / Opinium survey, after a week when the Conservatives have come under fire over the tax status of major donor Lord Ashcroft.

I suspect that the next stop on this train to utopia will be, as Chief Justice John Roberts suggested in his dissent, to question the tax status of those institutions — the Catholic Church, for example — which promulgate a contrary understanding of the word «marriage.»

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

It found that mortality varies by type of guarantee included in the annuities, the tax status of the policy (tax qualified or not) and contract size.

If you have a Roth option in your plan, this can be a good way to diversify the tax status of your retirement accounts.

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-...]

Would rescheduling affect the tax status of cannabis companies?

By one estimate, changing the tax status of retirement - plan contributions — by taxing them today, but then not taxing the eventual withdrawals — would raise about $ 1.5 trillion over the next decade.

The tax status of those transactions is still unknown.

Not exact matches

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.

Our powerhouse status is the result of the overall market's seemingly unending growth, but also some very smart government tax subsidies.

For example, you can't really think about how to invest without also considering why you're investing, including the time horizon associated with your goals, your current and projected tax status, the type of benefits you have in place and the unique risks that your family may face.

The status quo now depends on financialization for its profits and taxes, and so ripping the heart out of financial skims and scams will also rip the heart out of the entire status quo.

All across the board — regardless of gender, minority status or political leaning — small - business owners wanted to hear the presidential hopefuls address the topics of small business (66.23 percent), the economy (59.10 percent) and tax policy (53.95 percent), first and foremost.

This month we have another bevy of beautiful questions about choosing a business, getting the right corporate tax status, creating an online presence, and sharing equity with a salesperson.

Altech said it had also applied for the project to be given «pioneer status - high technology», a Malaysian investment incentive classification which delivers tax exemption on statutory income for the first five years following the start of commercial production from the plant.

And the office of Rep. Raul M. Grijalva (D - Arizona) sent a letter to the Internal Revenue Service questioning NFIB's tax - exempt status, the Washington Post notes.

But while the nonprofit, nonpartisan lobby group says it represents the interests of small business owners, some Democrats are raising questions about both its funding sources and its tax status.