Sentences with phrase «taxation if»

The German Federal Ministry of Finance (BMF) published a new manual, according to which bitcoin and other cryptocurrencies are excluded from taxation if they act as a payment instrument.

Bitcoin shall be exempted from all taxation if its gets classified as a currency under the Indian Taxation structure.

The value of the account in later years can also be accessed free of any income taxation if accessed properly through loans using the account as collateral.

Corporate Owned Life Insurance Policies including key man life insurance policies issued after August 17, 2006 may have death benefits that are subject to income taxation if certain requirements are not met.

As this cash grows, it is not subject to taxation, and you have the ability to access this cash without taxation if done by loan.

In fact senior citizens are likely to be entirely exempted from taxation if they decide to invest in mutual funds.

(3) A part of the common elements of a corporation that is not a common elements condominium corporation constitutes a separate parcel for the purpose of municipal assessment and taxation if it is leased for business purposes under section 21, the lessee carries on an undertaking for gain on it and it is in the commercial property class prescribed under the Assessment Act.

There are some exceptions, including significantly the ability to defer taxation if the proceeds are paid to the annuitant's spouse (I have written about the taxation of registered plans in greater depth in a previous post).

The only good news, for now, is that the first $ 90,000 of income is excluded from US taxation if you live overseas.

You are only exempt from this taxation if you qualify as being insolvent or bankrupt.

The U.S. has a capital gains exemption for «like - kind exchanges» that I won't go into here, but the exemption can exclude a rental property from U.S. taxation if the proceeds are reinvested into another rental property, subject to conditions.

@KurtPeek Article 14 of the treaty deals with personal income taxes, not selfemployment and welfare, which is unfortunately subject to double taxation if there is no totalization agreement between the countries.

«We could get sharper effects from taxation if we tax the dose of an ingredient, like sugar, or calories.»

«If you add on top of it disadvantaging our taxpayers with this double taxation if they would lose this deductibility of state and local taxes, you're talking about a triple whammy to hit New York state.

So, one can partially avoid inheritance taxation if using gifts (donation) soon enough.

Not exact matches

If you do claim early, those extra years will also be subject to taxation, said Ronald L. Myers, managing member at Fortune 360 Group in Plantation, Florida.

Cramer was also burned on Pfizer's aborted takeover bid for drug company Allergan, which had an overseas taxation rate that would allow the company to pay lower taxes than if it were based in the U.S.

As with contraband cigarettes, the black market will persist if taxation proves too onerous.

From a broad industry perspective, tech's growth, power, and visibility make it «extremely vulnerable to increased regulation and taxation, most especially if recession wrecks government finances,» the firm's chief investment strategist, Michael Hartnett, wrote in a recent note to clients.

«And if you increase the capital gain rate to 75 %, the taxation level comes closer to that of dividends now.

This state of affairs would be more acceptable to locals if the tradeoff for high property taxes is low taxation in other areas.

If the stated goal of tax reform is to make it fairer, then of course the taxation of Bill Morneau's company is a reasonable question, and of course it's simply weird when Morneau refuses, for days on end, to answer it.

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.

If Ottawa is still keen to help the housing market, he suggests it would make more sense to sell the Crown corporation and use the proceeds to reduce capital gains taxation or housing development charges.

The current, physical presence standard protects business owners from what amounts to taxation without representation, since a state can not impose its sales tax on purchases if the seller has no store, warehouse, or office located in the state.

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.

It'll be interesting if the Republicans face the kind of blowback that the Trudeau government did; while the plan technically cuts the taxation rate on such «pass - through» structures, it has the potential to actually raise taxes for a sizeable proportion of those companies:

Ireland and the Netherlands could face pressure if Macron is successful in passing reforms that equalize countries from a taxation perspective.

If formally defined as assets, cryptocurrencies could be subject to capital gains taxation in other G20 countries, as they already are in the United States.

But you're original article appears to say that if you (not the government; «you» is what you wrote) choose to have one spouse stay at home then somehow that makes you a «proponent» of the government's approach to taxation and «you believe» women are worth less.

If Roth income also makes you SSA subject to taxation, the SSA tax starts at 0 % (until you fill the standard deduction and exemptions).

As reported in the Globe and Mail on October 31, federal Finance Minister Flaherty is reviving and polishing - up the Conservative Party's ill - conceived election proposal to end taxation of individual capital gains if the proceeds are re-invested.

If you're not enthralled by the subject of cryptocurrency taxation, I'll simply provide Toscher and Stein's tips for virtual currency investors.

And of course if system offers possibility to pass transactions outside of taxation system (which looks like it's the case with bitcoins)-- it will have hard time surviving.

«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....

You can be legally seen as a tax cheat if you don't submit for taxation any swap of goods, whether you use fiat currency or not.

If you wanted to avoid and / or minimize taxation, you could put a good life together by adding Berkshire, Becton Dickinson, IBM, etc. to your portfolio, and those companies either pay no dividend or a low dividend with a high dividend and earnings growth rate.

To equivocate anticipating yourself in a position where you can't compensate the IRS, Losi has some candid advice: If you've seen a vast boost in resources in a calendar year, from cryptocurrency gains or the appreciation of other assets, set a apportionment of it aside in expectation of taxation payments.

Companies in Thailand may also follow their footsteps if the military government there goes ahead with implementing its heavy crypto taxation plans.

The income taxation he owes, «adds up to about $ 50,000 if we supplement up state (California) and federal,» according to the post.

«[If] you've come into a vast volume of resources... by carrying an item conclude that you acquired at a low value, and you think you do not have vast taxation consequences, you're rowdiness yourself,» he tells CNBC Make It.

This means that if you acquire income by trade it, you don't compensate a prosaic taxation for financial income — which is 25 percent, for example for bank comment seductiveness — but you have to taxation the distinction of shopping and offered cryptocurrencies like income.

But if you don't think individual taxation is inherently better than corporate taxation, that reasoning breaks down.

The report draws heavily on several economic studies that find results similar to Mr. Hassett's, including that the so - called incidence of corporate taxation falls mainly on workers, meaning they have much to gain if such rates are cut.

If this «exit strategy» or «anti-exit strategy» is viable for a given company, then the prospect of running the business with the advantages of passthrough taxation can be pretty attractive.

So if you have clients located throughout the country, the different taxation rates can make managing your business finances more complicated.

The deduction of the Swiss witholding of 35 % has hereby to be considered (if there is a double taxation treaty with the country of the investor, twenty percentage points can be reimbursed to that investor to lower the tax rate to 15 %).

The potential tax benefits from investing in MLPs depend on their being treated as partnerships for federal income tax purposes and, if the MLP is deemed to be a corporation, then its income would be subject to federal taxation at the entity level, reducing the amount of cash available for distribution to the fund which could result in a reduction of the fund's value.

Before investing you should read the relevant Product Disclosure Statement and seek advice from investment and taxation professionals to determine if the product is appropriate for your needs.