Sentences with phrase «tax treatment afforded»

In addition, by making appropriate provision under a will, advantage can be taken of the special inheritance tax treatment afforded to certain types of agricultural and business property.

Maine taxpayers should be aware that Maine law is currently not clear whether the favorable federal tax treatment afforded to withdrawals for K - 12 tuition, or ABLE rollovers, will apply under Maine law.

* To be eligible for favorable tax treatment afforded to any earnings portion of withdrawals from Section 529 accounts, such withdrawals must be used for «qualified higher education expenses,» as defined in the Internal Revenue Code.

As I see their strategy now, the Board is using two leverage points to force hedge funds to reenter the common and vote for the merger; those two points are, 1) the merger is the only way that they can realize value for their illiquid holdings of GSD and Dividend Notes and 2) unless the merger is completed prior to Sept. 12, 2015 the favorable tax treatment afforded the 2013 distributions will be retroactively cancelled!!!

Although the actual formula is quite complex, the GRIP generally reflects taxable income that has not benefited from preferential tax rates, such as the small business rate, or from refundable dividend tax treatment afforded to investment income earned by a CCPC.

Not exact matches

I can't see any possible justification for saying that property taxes should somehow be afforded a special treatment that other taxes (income, capital gains, Social Security, etc.) don't receive.

Unfortunately, while the income inclusion is afforded the same tax treatment as a capital gain, it isn't actually a capital gain.

The same may be true for an individual who is a resident of the Coordinated Territory (although a resident of Guam is a U.S. citizen, they are afforded separate tax treatment if they are a «bona fide resident of the Territory») who could sell property located in the Coordinated Territory for income producing investment property located in the U.S.

Donated items are fully tax - deductible and will be auctioned to provide grants to local families who are unable to afford the high costs of treatment for their critically injured or sick pets.

Life insurance contracts are afforded special treatment under United States tax laws.

The Government consider creating a distinct tax treatment for Indigenous entities, which clearly and unambiguously applies tax concessions afforded to charities, Public Benevolent Institutions and Deductible Gift Recipients to Indigenous entities which make agreements under the Native Title Act.

Investment real estate gets preferential tax treatment from the IRS - one that is not afforded to any other asset class.

Finally, real estate investments are afforded special tax treatment in two ways by the IRS which indirectly contributes to your overall return.