Sentences with phrase «taxation because»

This is also double taxation because one would have paid tax on the premium money (1 lac) in the year earned it.

We also received a D in regulation and taxation because of «steep investment taxes» levied on fund management fees and a high tax bill on investment returns.

When converted, the traditional IRA assets are subject to taxation because they consist of deductible contributions and earnings, and the taxes due on the conversion are paid from a separate taxable account.

Conservatives argue heavily against progressive taxation because they claim it removes the incentive of the wealthy to continue investing or providing their valuable services.

Using differential interest rates rising with earnings is less progressive and less fair than a graduate tax, a graduate contribution or general taxation because those from wealthy backgrounds will have smaller debts if their families can afford to pay up front or soon after graduation.

Using differential interest rates rising with earnings as a means of providing for a more progressive system is less fair than a graduate tax, a graduate contribution or general taxation because those from wealthy backgrounds will have smaller debts as their families can afford to pay up front.

Residents of the area consider the arrangement double taxation because the village has its own parks and recreation department, which includes a water park and extensive athletic and fitness facilities.

Greeks and others moved to Galilee escaping roman taxation because the region was not entirely integrated into the roman empire.

In fact, binary option trading does not even incur any taxation because the Inland Revenue even considers it to be a type of gambling.

By contrast, LLC member - owners avoid this double taxation because the business's tax liabilities are passed through to them; the LLC itself does not pay a tax on its income.

«No one knows everything about taxation because they keep changing the law,» he says.

Not exact matches

Meanwhile, because of the structure of index funds and ETFs, capital gains are essentially nonexistent, which makes them attractive from a taxation standpoint.

Their remedy on small - business taxation is similar to Jim Flaherty's remedy to income - trust taxation early in the Conservatives» decade in office: a previously innocuous accounting practice was exploding in popularity because the tax advantage was too great to ignore.

In the case of the small business, most if not all of the company's profits are used to pay salaries and fringe benefits, which are deductible, and double taxation may be avoided because no money is left over for distributing dividends.

In the case of the small business, though, double taxation may not be a consideration, because most, if not all of the company's profits are reinvested in the business or go to pay salaries and fringe benefits, which are deductible, and no money is left over for distributing dividends.

Depending on how the company is established and how many employees / investors there will be, a small business startup often creates an LLC because this helps it avoid double taxation and can still support multiple classes of stock if needed.

Deputy Finance Minister Alexei Moiseev told reporters that, «We categorize mining as a business activity» and went on to explain that because the proposed law contains no specific guidance on mining taxation, conventional tax laws will apply to the proceeds of digital asset mining operations.

And a market downturn may be a particularly good time to consider a conversion, because the taxation would likely apply to a smaller conversion amount.

The downside of a C corporations is because it's listed a separate entity, the owner is subject to double taxation, One personally, and one for the C corp....

A territorial system could simplify taxation of international income because exempting foreign income from taxation would reduce the sort of tax planning now needed to optimize the use of foreign tax credits to shield repatriated foreign income from US taxes.

«The worst part [of the NDP plan],» Mintz added, «is that it doesn't have good economic impacts because small business deductions contribute to a wall of taxation, so if they grow, they lose some of their benefits and get hit with higher taxes....

And because no Minnesota cities charge local income taxes you don't have to worry about getting hit with an extra level of taxation based on the city where you work or live.

Because the IRS still views it as income, that means passive income is subject to taxation.

You can rebalance your portfolio without immediate taxation concerns because taxes on your earnings are deferred until you start withdrawing from the annuity.

The reason I mention this is because Alberta taxation system is not in sync with reality.

We all pay taxes, whether we like it or not, because we agree as citizens, as members of a democratic society, that mandatory taxation is for the common good.

In addition, with creative design, the employers may have an advantage because these types of plans can shelter the income of owner - employees of profitable companies from taxation.

Because of that election, S Corps are not taxed as corporations but as partnerships to avoid double taxation.

You're gonna be waiting a long time, «Sunshine», because they're too busy outsourcing jobs to other countries and banking offshore to avoid even more taxation.

We can see this self - preoccupied individualism in the greed that our society calls «opportunity,» in the demise of public health care because it is «too costly,» and in the decay of public institutions regarded as too expensive to maintain, as though taxation were a penalty rather than a necessary neighborly act.

Not even the networks can hide any longer the fact that so many cities in California are bankrupt because they can not get their spending under control, and businesses are leaving in droves due to over regulation and taxation.

It is important to note the political basis of an economic system as one of our basic dichotomies because there is a very real difference in the foundation of a capitalism in which the rules governing the system are determined by a few — rules concerning wages, monopolies, taxation, use of natural resources, government benefits, etc. — and one in which these rules are determined by representatives who are chosen by the general populace.

He calls attention to (1) the degeneration in syncretism of the old Yahweh faith prior to the appearance of the eighth - century prophets; (2) a kind of «emancipation» from Yahweh in increasing dependence upon the maturing structure of the political state; and (3) the dissolution of the old tribal social order with the shift of economic power to the cities, the increasing inability of the farmer, because of the burdens of heavy taxation, to maintain himself as a free man, and the growing concentration of land in the hands of a few wealthy urbanites (cf. Isa.

In the 2008 election, she voted for John McCain because she preferred his positions to Barack Obama's on the issues that were most important to her, such as abortion, taxation, and health care.

were 1 to support the supposition that there might be a god... may we not suppose different people «see» god «differently??? Did the 13 colonies leave mother England because of... taxation... & RELIGIOUS FREEDOM??? Then... here's to religious freedom... FOR ALL!!!

the other guy i didn't trust because he couldn't explain a simple taxation plan.

«Just because it has the label «Church» doesn't mean it gets singled out for taxation.»

Voltaggio said the group has not locked horns with Glen Ellyn officials because it feels the village has a good record on taxation.

The question is still not answerable because you aren't telling us what kind of taxation you have in mind.

«If you're doing away with deductions at the federal government, if you're ending up with the drastic things that the governor says are going to happen because of the federal government, you can't add another layer of tax, another layer of taxation,» DeFrancisco said.

It taxes ground - rents, which Smith calls «a still more proper subject of taxation than the rent of houses», because «no discouragement will thereby be given to any sort of industry».

«I urge both sides to stop their intramural disputes and unify because we have real issues like this federal issue of taxation.»

«I urge both sides to stop their intramural disputes and unify, because we have real issues, like this federal issue of taxation,» he said.

The stock market is up in part because of anticipation that President Donald Trump and the Republican Congress will overhaul the nation's taxation system for the first time in over 30 years.

«Our board asks our Planning Board attorney to begin researching — using the SEQRA framework — how to construct a findings statement that is conditional on no PILOT and full taxation for Park Point because adverse impacts can not be mitigated.»

Hopefully, they would consider reducing the deficit that's grown because many of our budget claims, particularly related to the sale and taxation of cigarettes, have been bottled up in the courts.»

They also address the regular complaint that the funding of higher education through taxation is unfair because it forces those doing unskilled, low - paid labour to subsidise those studying to enter the professions.

One of the justifications that liberals make for the regulation and taxation of corporations is that corporations are by their very nature government - subsidized enterprises, because the government gives them limited liability status, i.e. it makes it so that even though the shareholders control what the corporation does, they are not personally liable for damages due to what the corporation does, beyond the money they've invested.

Because dividends are not tax free (as they are in pass through entities once tax on entity level earning has been paid by the owners - which would look politically ugly in a publicly held company context letting people receive millions in dividends and pay not taxes on it), and there is no deduction for dividends paid to the corporation (in most contexts), and there is no tax credit for taxes paid at the corporate level against income tax liability on dividends, the end result is that there is double taxation of corporate profits both when the profits are earned by the corporation and again when they are distributed to shareholders.

It arose because the polls showed a small Labour lead throughout a campaign in which taxation was one of the dominant issues and yet the Tories won.