Sentences with phrase «taxation year in»

If you borrow money to invest, you can make a claim if you meet these three criteria: First, the interest costs must be payable during the taxation year in question.

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.

Laura A. Collins is a CPA and freelance writer with more than 18 years» experience in finance and taxation.

But when you're running a small business, you're going to need help all year, says Melissa Labant, director of taxation at the American Institute of CPAs in New York.

The increase in corporate income tax revenues largely reflecting strong gains in the tax settlement period for those large corporations with a taxation year ending December 31st.

In the 2015 taxation year they would receive an additional $ 1,605.

This may explain the year - over-year decline in corporate income tax revenues in December 2012, as corporations with a taxation year ending on October 31st filed their final payments.

Published earlier this year in the journal Nature Climate Change, it includes sparing healthy food from taxation, as well as selective compensation for income losses associated with tax - related price increases.

The US government expects to collect $ 339 billion in taxes on these foreign profits in the next 10 years, as it transitions to a territorial tax system from its current worldwide taxation on profits earned by foreign subsidiaries.

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.

A primary advantage of this philosophy arises due to the way the taxation system is setup in the United States, which creates an inherent edge that accrues to the passive strategy as the years go by and compounding works its magic.

In 2015 - 16, there was an exceptionally large end - of - year accrual adjustment, which the Department of Finance attributable to aggressive tax planning by high - income earners in advance of the introduction of a new high - income tax bracket for taxation year 201In 2015 - 16, there was an exceptionally large end - of - year accrual adjustment, which the Department of Finance attributable to aggressive tax planning by high - income earners in advance of the introduction of a new high - income tax bracket for taxation year 201in advance of the introduction of a new high - income tax bracket for taxation year 2016.

By removing double taxation on digital currency, the Australian government is positioning the nation to be a global leader in FinTech for years to come.

Within budgetary revenues, personal income tax revenues declined by $ 1.2 billion (0.8 %), largely reflecting the impact of tax planning by high - income individuals, which recognized tax liabilities in the 2015 taxation year before the new 33 per cent tax rate came into effect in 2016.

A Bit of History Earlier this year, the High Administrative Court of France was seized on behalf of several taxpayers, challenging the instituted regimen, in force since July 2014, related to taxation of bitcoin and other cryptocurrency - related transactions.

In this 53 year old historical piece, he points out that through history citizens have been led to believe that they should trade their freedom for security, something that inevitably will always link itself to higher taxation by the state.

We sold our shares in eBay at close to our target sell price after holding the position for a little more than one year, thereby attaining long - term taxation status.

In the latest budget, a decline of $ 1.7 billion is projected, primarily reflecting extraordinary tax payments made in the end - of - year accounting period in 2015 - 16 reflecting tax planning in advance of the introduction of the high - income tax bracket for taxation year 201In the latest budget, a decline of $ 1.7 billion is projected, primarily reflecting extraordinary tax payments made in the end - of - year accounting period in 2015 - 16 reflecting tax planning in advance of the introduction of the high - income tax bracket for taxation year 201in the end - of - year accounting period in 2015 - 16 reflecting tax planning in advance of the introduction of the high - income tax bracket for taxation year 201in 2015 - 16 reflecting tax planning in advance of the introduction of the high - income tax bracket for taxation year 201in advance of the introduction of the high - income tax bracket for taxation year 2016.

The Department of Finance attributes part of the higher - than - expected outcome for personal income tax revenues to tax planning by high - income Canadians to recognize income in 2015 in advance of the introduction of the new 33 % tax bracket for taxation year 2016.

If these changes are to take effect in the 2015 taxation year, a «Ways and Means» motion must be introduced in the House as soon as possible, in order to give the Canada Revenue Agency (CRA) sufficient time to prepare new tax forms for taxation year 2015.

2017 tax reform is the first major tax overhaul in 30 years, and will affect individuals, all types of businesses, tax - exempt entities, international taxation, and many other areas of tax law...

The platform planks for «32 embodied a number of Century concerns: U.S. adherence to the World Court protocol; U.S. entry into the League of Nations, provided that its covenant be amended to eliminate military sanctions; U.S. recognition of the Soviet Union (which was granted a year later); the safeguarding of the rights of conscientious objectors (including those denied citizenship, such as Canadian - born theologian D. C. Macintosh of Yale Divinity School); the abolition of compulsory military training in state - supported educational institutions other than military and naval academies; emergency measures for relief and public - works employment; the securing of constitutional rights for minorities; the reduction of gross inequality of income by steeply progressive rates of taxation on large incomes; «progressive socialization of the ownership and control of natural resources, public utilities and basic industries»; «the nationalization of our entire banking system»; and so on (June 8, 1932).

The Scottish Government has a duty to control the overall yield of local taxation, as it is responsible for balancing the government budget overall, and also for any controls such as those suggested above to equate the yield of the new taxes in year 1 with the yield of the old taxes in year 0;

Consider the following: in the five years going from 2008 to 2012 inclusive, UK government receipts from taxation on petroleum exploration and production activities came to # 44.62 billion, representing an average ETR of 27 per cent on a gross industry income of # 165 billion (the fiscal years of other North Sea producers run concurrently with calendar years, so UK fiscal data has to be annualised to make it properly comparable to that of other North Sea producers).

Shockingly, the UK political establishment looks poised to loosen further what already looks like a very lax fiscal regime, at a time not only of straitened public finances and austerity (and a high burden of personal taxation), but also of extraordinarily high petroleum prices (2011 was the first year in history when the international price of crude averaged over 100 dollars per barrel, 2012 was the second, 2013 the third, and 2014 looks dead set to be the fourth).

Mr. Speaker, Total Revenue and Grants for the 2017 fiscal year has been conservatively estimated at GH cents 51 billion based on our projection of the level of economic activity in 2018, Government's policy on taxation and donor grant disbursements.

Dave Prentis dismissed Francis Maude's claims the Government could not afford a pay rise and said, «the top 1 % have increased their wealth by 18 % in the last year - can't just we ask that they contribute a little bit more, via the taxation system, to enable us to have decent pay?»

Supplementary Budgetary legislation in New Zealand includes an annual «Appropriation (Confirmation and Validation) Bill», which serves to validate taxation and spending incurred in the previous year which fell outside the previous year's Budget, and «Imprest Supply Bills,» typically several in a year, which grant interim authority to the Government to tax and spend.

A full consultation document with detailed proposals on all the areas of foreign profits taxation under review is very unlikely - but updated proposals on changes to the controlled foreign companies regime and a new restriction on interest expense are likely before the end of the year and could be unveiled in the pre-budget report.

Yes, by all means, keep working with the «regular» Republicans who have presided over 46 of the last 48 years, directly contributing to the greatest economic decline in New York history through high taxation and massive spending.

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.

After fights over taxation to fund pre-kindergarten programs last year, de Blasio is preparing to be more of a presence on Cuomo's turf in the final five weeks of the legislative session.

It is clear that altering social pattern is particularly hard, especially in a single four - year term, yet it may be argued that if a party promises to cut taxation, it can redeem this promise depending on the realities of the period.But it is quite possible for politicians to encourage attitudes and expectations which are mutually incompatible.

And, while this is a long way off, shows that a GOP challenger in 2014 against Cuomo will have a difficult time trying to devise a line of attack on fiscal and taxation issues, unless the Democratic governor forces through a tax increase in the next three years.

Burnham, who has called on Labour to return to its socialist roots, said Labour had been «too timid» about redistributive taxation during its years in power.

In 2007, the party abandoned its longstanding pledge to introduce a new 50p tax rate on the highest earners, and the following year called for a reduction in the overall burden of taxatioIn 2007, the party abandoned its longstanding pledge to introduce a new 50p tax rate on the highest earners, and the following year called for a reduction in the overall burden of taxatioin the overall burden of taxation.

Over five years, the Tory government successfully boxed Labour in on spending and taxation, driving home the perception that all Labour wanted was to put its hand in your pocket and spend your money on benefits for others.»

Instead, the U.S. has found ways to cut taxes at the corporate level and has applied in recent years lower tax rates to dividend income, so that the combined burden of taxation on distributed income is lower, but it is still a sub-optimal solution which has been widely recognized to exist since at least the 1950s.

We already export huge quantities in taxation — about # 19bn a year.

Gordon Brown as chancellor and prime minister has presided over the largest hike in taxation of any government for more than 30 years.

In my own view, the Labour Party have actually managed in the last eleven years to create, in ascending order of wealth (i) a working underclass that is actually poverty - stricken (ii) a large benefit - sustained, inactive element that is now economically better off than most of those who work (iii) the working middle - classes, who are being hammered into submission by rising taxes and prices and over-regulation (iv) the rich who are either exempt from or indifferent to taxation or regulatioIn my own view, the Labour Party have actually managed in the last eleven years to create, in ascending order of wealth (i) a working underclass that is actually poverty - stricken (ii) a large benefit - sustained, inactive element that is now economically better off than most of those who work (iii) the working middle - classes, who are being hammered into submission by rising taxes and prices and over-regulation (iv) the rich who are either exempt from or indifferent to taxation or regulatioin the last eleven years to create, in ascending order of wealth (i) a working underclass that is actually poverty - stricken (ii) a large benefit - sustained, inactive element that is now economically better off than most of those who work (iii) the working middle - classes, who are being hammered into submission by rising taxes and prices and over-regulation (iv) the rich who are either exempt from or indifferent to taxation or regulatioin ascending order of wealth (i) a working underclass that is actually poverty - stricken (ii) a large benefit - sustained, inactive element that is now economically better off than most of those who work (iii) the working middle - classes, who are being hammered into submission by rising taxes and prices and over-regulation (iv) the rich who are either exempt from or indifferent to taxation or regulation.

School tax levies — that is, revenue raised through local property taxation — will rise next year by an average 2.78 percent in Suffolk County and an average 2.42 percent both in Nassau County and statewide, according to figures from public school districts released last week by the state comptroller's office.

If own more than $ 10 million, you pay 1.3 percent a year, we would have enough taxation coming in, that no other form of taxation would be necessary.»

In its first year of existence, MCFA focused on setting up a network of contacts between Marie Curie Fellows across Europe, and on tackling host country - specific issues (such as taxation and social security problems and fellows» contracts with their host institutions).

In other words if you want people to spend 50 billion a year on increasing efficiency, if your incentive for this is exclusively green taxation, you will have to impose green taxes of much more than 50 billion a year, perhaps 100 billion or 150 billion a year.

In the past five years, following a ruling by the Internal Revenue Service, some states have allowed local school districts to convert to a system in which employees contribute pretax dollars, thus deferring the taxation.In the past five years, following a ruling by the Internal Revenue Service, some states have allowed local school districts to convert to a system in which employees contribute pretax dollars, thus deferring the taxation.in which employees contribute pretax dollars, thus deferring the taxation...

While these aren't exactly the «mental taxation of school,» participating children largely continue to learn, in measurable and positive ways, through the hot middle months of the year.

Every school district in the State will get a massive increase in funding in 2018 — due to the double taxation of the Old Local Levy Rate plus the New State Levy Rate — both at their maximum in the same year.

First, concerns were raised about the omission of recreational program budgets in the equity calculations; lawmakers were also worried that there was no consideration for districts having to go through «truth in taxation» hearings with voters who may be overly sensitive to recent property tax increases; finally, policymakers wanted an extended period of time of 1, possibly 2 more years to allow for the necessary levies to occur to pay for such changes.

The General Assembly shall provide by taxation and otherwise for a general and uniform system of free public schools, which shall be maintained at least nine months in every year, and wherein equal opportunities shall be provided for all students.