Sentences with phrase «taxes on construction»

He also has asked for an exemption from sales taxes on construction materials and from the state mortgage recording tax.

In addition to the property tax exemptions, Destiny is seeking exemptions from the state's mortgage recording tax and from sales taxes on construction materials.

The savings would consist of $ 14.1 million in property taxes, $ 4.5 million in sales taxes on construction materials and $ 750,000 in mortgage recording tax.

The hearing will give the public an opportunity to express opinions on Destiny's application for $ 5.08 million in property tax exemptions, spread over 12 years, and $ 1.76 million worth of exemptions from sales taxes on construction materials.

Before COR applied to the county IDA for tax breaks, the city IDA had already awarded the company $ 1.5 million in financial assistance for public infrastructure at the harbor and nearly $ 1.2 million in exemptions from sales and mortgage recording taxes on the construction of the first building, an Aloft Hotel.

In return for company promises to create jobs, it assists development projects be granting property tax exemptions and exemptions from the state mortgage recording tax and sales taxes on construction materials.

Destiny also will receive an exemption from sales taxes on construction materials.

It also has asked for an exemption from sales taxes on construction materials and from the state mortgage recording tax.

Tawil's company would save $ 1.7 million in property taxes over 10 years, $ 1.4 million in sales taxes on construction materials and $ 386,400 in mortgage recording tax under the deal he is seeking.

The developer also is seeking an exemption from sales taxes on construction materials and from the state mortgage recording tax.

Not exact matches

SEATTLE — Amazon has halted construction planning on a new high - rise building near its headquarters while it awaits the outcome of a Seattle city proposal to tax worker hours.

«Pending the outcome of the head tax vote by City Council, Amazon has paused all construction planning on our Block 18 project in downtown...

«I can confirm that pending the outcome of the head - tax vote by City Council, Amazon has paused all construction planning on our Block 18 project in downtown Seattle and is evaluating options to sublease all space in our recently leased Rainier Square building,» Amazon VP Drew Herdener told the Seattle Times.

Such risks, uncertainties and other factors include, without limitation: (1) the effect of economic conditions in the industries and markets in which United Technologies and Rockwell Collins operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity prices, interest rates and foreign currency exchange rates, levels of end market demand in construction and in both the commercial and defense segments of the aerospace industry, levels of air travel, financial condition of commercial airlines, the impact of weather conditions and natural disasters and the financial condition of our customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization of the anticipated benefits of advanced technologies and new products and services; (3) the scope, nature, impact or timing of acquisition and divestiture or restructuring activity, including the pending acquisition of Rockwell Collins, including among other things integration of acquired businesses into United Technologies» existing businesses and realization of synergies and opportunities for growth and innovation; (4) future timing and levels of indebtedness, including indebtedness expected to be incurred by United Technologies in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including in connection with the pending Rockwell Collins acquisition; (5) future availability of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope of future repurchases of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level of other investing activities and uses of cash, including in connection with the proposed acquisition of Rockwell; (7) delays and disruption in delivery of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits of organizational changes; (11) the anticipated benefits of diversification and balance of operations across product lines, regions and industries; (12) the outcome of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact of the negotiation of collective bargaining agreements and labor disputes; (15) the effect of changes in political conditions in the U.S. and other countries in which United Technologies and Rockwell Collins operate, including the effect of changes in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general market conditions, global trade policies and currency exchange rates in the near term and beyond; (16) the effect of changes in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personntax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personntax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnTax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.

Relaxation in income tax rates, clarity on GST, policy framework to standardize construction materials include some from the long list of requisities the real estate industry wants the Narendra Modi government to work on.

If your business is involved in green design or construction, you could be leaving hundreds of thousands of dollars in tax write - offs on the table.

Tesla would get $ 1.1 billion in abatements: 20 years without paying sales tax on equipment and construction materials (worth $ 725.8 million), 10 years without property taxes ($ 349 million), and a 10 - year break on payroll taxes ($ 29.4 million).

You can also hire tax - sensitive management, or advisers that focus on tax - sensitive portfolio construction.

In a statement on Tuesday, TransCanada said the Keystone XL would create thousands of construction jobs and generate tens of millions of dollars in property taxes annually to counties along the proposed route.

It is not clear that the construction sector would be better off with $ 2.3 billion less tax on its inputs, but $ 2.5 billion more tax on new - home sales.

Consolidated Properties» Lachlan Grantley, who has pre-sold all 340 apartments in the developer's 40 - storey high - rise apartment tower Spire currently under construction in Brisbane, said the tighter and more expensive financing for buyers and developers, as well as taxes on foreigners, had started to bite.

And this doesn't include the fact that electric car owners don't pay into the Highway Trust Fund — which is funded by the per - gallon tax on gasoline and pays for road construction and upkeep.

County leaders won't vote on giving Amazon tax breaks, building money or waive fees for the 855,000 - square - foot fulfillment center under construction on Boggy Creek Road, said Eric Ushkowitz, the county's economic administrator.

China has also this year vowed to lighten the tax burden on individuals and businesses and on May 1 will lower the value - added tax rate for the manufacturing, transportation, construction, telecommunication and agricultural sectors.

The group focuses on construction loans, mini-perm loans, developers loans and tax credit equity.

The e-commerce giant has paused construction of its newest tower in its headquarters city after the City Council proposed a tax on the largest businesses to help fund affordable housing.

Details have yet to be released on any prospective tax incentives the city might offer, which is another factor Amazon is considering, and might help offset New York City's high costs of construction and living compared to other contending cities.

«Pending the outcome of the head tax vote by City Council, Amazon has paused all construction planning on our Block 18 project in downtown Seattle and is evaluating options to sub-lease all space in our recently leased Rainier Square building,» said Amazon vice president Drew Herdener.

In a statement, the four council members making the proposal said it was never meant to target one company, but «Amazon made the conversation about them when they expressed their intentions to pause construction on their new office tower pending a vote on our Progressive Tax on Business.»

CBTU is campaigning to have the federal government introduce a Construction Mobility Tax Credit — a personal tax exemption on expenses construction workers typically incur when they temporarily relocaConstruction Mobility Tax Credit — a personal tax exemption on expenses construction workers typically incur when they temporarily relocate for woTax Credit — a personal tax exemption on expenses construction workers typically incur when they temporarily relocate for wotax exemption on expenses construction workers typically incur when they temporarily relocaconstruction workers typically incur when they temporarily relocate for work.

Tax cuts always effect assets prices, regulations are estimated to account for up to 35 % of building new construction costs for homes in some locations and though federal deregulation may not impact local regulations as much it does have a multiplier effect on the economy just like a tax cut does and anticipation of an infrastructure plan the scale of this administration's, though it hasn't been passed, would also have an anticipatory effect on leading indicators like stocks and other commodities that raise costs, which we have already seTax cuts always effect assets prices, regulations are estimated to account for up to 35 % of building new construction costs for homes in some locations and though federal deregulation may not impact local regulations as much it does have a multiplier effect on the economy just like a tax cut does and anticipation of an infrastructure plan the scale of this administration's, though it hasn't been passed, would also have an anticipatory effect on leading indicators like stocks and other commodities that raise costs, which we have already setax cut does and anticipation of an infrastructure plan the scale of this administration's, though it hasn't been passed, would also have an anticipatory effect on leading indicators like stocks and other commodities that raise costs, which we have already seen.

Late Wednesday morning, Drew Herdener, an Amazon spokesman, said that «pending the outcome of the head tax vote by City Council, Amazon has paused all construction planning» on a large building in downtown Seattle that was scheduled to begin construction later this year.

The explanation given to the people by the church and government authorities was that God instituted a ten percent tax on the people of Israel to support the Levitical Priesthood and the construction of the tabernacle and temple.

The number of independent contractors in Australia has fallen in recent years — 1.11 million contractors in 2010 to 986,000 by 2013 — which the Abbott government has blamed on a «concerted attack» by the Tax Office and the Fair Work building and construction taskforce under the previous Labor government to push people into more union - friendly arrangements.

Simmons will also receive tax benefits in the form of sales and use tax refund on construction materials.

But the Community Development Committee's approval of the Marley Creek project hinges on MGM Development Inc. of Orland Park correcting a tax problem before beginning construction.

If the Park District Board goes forward with the project, residents will have the opportunity to vote on a property - tax increase that would fund construction of the center.

If the referendum proposal is approved, taxes on a home with a market value of $ 210,000 would increase $ 53.20 a year, half of which would go toward construction and maintenance of the recreation center.

The Cherokee County School Board on Thursday, April 21, 2016 took its first look at tentative plans for Cherokee County School District construction projects and other Education SPLOST (Special Purpose Local Option Sales Tax) expenses for the next five years.

For example, without an inheritance tax, more resources would shift to zero sum real estate investments that rely on appreciation in real estate values and away from retailing and manufacturing and construction sectors that generate current income more than capital gains.

The key changes to the abatement — from the version that expired in 2016 — include wage requirements for construction workers on certain projects and a 35 - year break from property taxes (up from 25) on large projects that pay these wages.

Gov. Andrew Cuomo, Assembly Speaker Carl Heastie and State Senate Majority Leader John Flanagan today debuted the «framework» of a deal that will extend the city's rent regulations and the controversial 421a tax abatement for six months — with some tweaks to the former, and potential for the latter to last through 2019 if the real estate industry and labor reach an agreement on construction wages.

No Vote Yet on Yankee Parking Lots Yesterday, the city delayed voting on whether to approve $ 225 million in tax - free bonds to subsidize construction of new parking garages for Yankee fans.

Speaking to reporters after an unrelated event in Manhattan, Mr. Cuomo expanded on remarks yesterday trashing the Mr. de Blasio proposal to alter the controversial tax credit to require greater affordable housing construction while simultaneously lengthening the abatement period from 25 to 35 years.

The four decade - old credit, which offered relief from increased tax assessments on new construction, lapsed in January, imperiling the mayor's mission to construct some 80,000 new affordable units by 2024.

Labour believe they can fund the change by closing tax loopholes in the construction industry, ending the government's «shares for rights» scheme and raising taxes on hedge funds.

Construction on the data center was only resumed once the tax break was restored, four years later.

Talbot and McKenzie were instrumental in the planning and dedication of the Peekskill Landing Park, the construction of the Holiday Inn Express on John Walsh Blvd, and fighting to keep their Republican colleagues on the Common Council from raising taxes by up to 8 %, ensuring the city stayed within the state - mandated tax cap.

And whereas IDA sales tax abatements typically cover the costs of construction materials and equipment purchased to initially outfit the building, Yahoo will receive the tax exemption on equipment purchases for 20 years.

«The Legislature and the Executive should capitalize on this consensus by re-enacting the Revised 421 - a Law and not condition the tax exemption on REBNY and the Construction Trades reaching an agreement on wages — an issue that is distinct from the financing of affordable housing and should be addressed in a separate bill.»