Sentences with phrase «taxing the profits of»

Perth company ThinkSmart has predicted an after - tax profit of $ 0.5 million for the first six months of 2013, at its annual general meeting today.

He donated his after - tax profits of $ 379,636 to the animal charity.

It included cutting corporate income tax to 21 percent from 35 percent and a new territorial system that exempts U.S. corporations from U.S. taxes on most future profits, ending a system of taxing profits of all U.S. - based corporations no matter where they are earned.

MBNA, which made after - tax profits of # 123 million in the first half of 2016, would add # 650 million a year to group revenues, Lloyds said, adding the deal could shave # 100 million a year from MBNA's cost base.

8.46 am: Woolworths has reported an after tax profit of $ 2.45 billion, up 8.5 per cent on a year ago.

The club from England's football - mad north - east, which has turned to Rafa Benitez in an attempt to salvage its top - tier status, has posted a sharply increased after - tax profit of # 32.4 million — up from # 18.7 million in the year to 30 June 2014.

After recording losses of GH cents 78million and GH cents 70million in 2015 and 2016 respectively, the bank posted after tax profit of GH cents 50million for its third quarter 2017 results.

* Volkswagen reported an after - tax profit of $ 2.38 billion (2.15 billion euros) for the second quarter, down from $ 3.6 billion (3.25 billion euros) for Q2 2014.

Royalties would amount to $ 4,875, less agent fees of $ 731.25, leaving the author a before - tax profit of $ 4,143.75.

Cash Flow: The sum of the after - tax profit of a business plus depreciation and other non-cash charges.

Issue a dividend to shareholders A dividend is a share of after - tax profit of a company, distributed to its shareholders according to the number and class of shares held by them.

Back in 2002, OPG only managed an after - tax profit of $ 47 million on gross revenue of $ 5.7 billion, although they had undergone restructuring which included selling off Bruce Nuclear the prior year.

(March 12, 2014) Ontario Power Generation (OPG) on March 7, 2014, released its results for the year ended December 31, 2013, which claims they eked out an after tax profit of $ 135 million on gross revenue of $ 4.9 billion.

And then you say that the solution to the problem is to tax the profits of Big Oil (who are smug and powerful and therefore evil) and give the money to everybody else.

However, you have to tax the profit of purchasing and selling cryptocurrencies like income.

Not exact matches

The jobs you create are local, the taxes you pay benefit your local community, and the profits you earn go back into the local community — not lining the pockets of corporate CEOs.

Let's say after paying all its costs, advertising, payroll, taxes, and more taxes, a small business has a margin at the end of the day of 10 % (that's pretty good nowadays, especially for a smaller business); that means your 3 % credit card fees are costing them 30 % of their profit!

Specifically, giving businesses a tax break of up to 15 percent for profits shared worth up to 10 percent of a worker's annual salary, or a tax credit equivalent to $ 750 per employee.

With operating net profit — or profits before taxes and interest — up by 30 percent to 978 million euros, Eni CEO Claudio Descalzi said that Eni's results were «over and above the rising price of oil.»

The difference between total profit (up 16.7 percent) and EBIT (up 8.1 percent) is roughly the effect of taxes.

The key advantage of an S corp is that it offers tax benefits when it comes to excess profits, known as distributions.

This summer, Clinton released details of that plan, which would include tax credits up to two years for businesses that include profit sharing as part of their employee compensation.

A cash reserve can cover costs in the interim, while you're waiting for profits, and also help in planning for taxes that may catch you off guard and take a chunk out of the money you were planning to use on other expenses.

The companies surveyed provided employment to more than 1.1 million people, and comprised nearly 20 % of all federal corporate tax collected on business profit in the country.

For instance, if you file as an S - corp, any profits that pass through are subject only to income taxes and not self - employment taxes of 15.3 percent.

The difference is that in an S corp, owners pay themselves salaries plus receive dividends from any additional profits the corporation may earn, while an LLC is a «pass - through entity,» which means that all the income and expenses from the business get reported on the LLC operator's personal income tax return, says Ebong Eka, a CPA who also pens his own blog about the world of entrepreneurship at MoneyMentoringMinutes.com.

GR Engineering Services has recorded a reduction in net profit after tax despite substantially higher revenues during the first half of the financial year.

The below graph compares corporate profits after tax (blue) with the S & P 500 stock index (red), with both normed to a value of 100 in 1957:

The banking system was hyper - competitive and quick to take risks in pursuit of profits; policymakers aggressively pushed homeownership through measures such as tax breaks for mortgage interest payments; and weak recourse laws let mortgage defaulters off the hook.

These types of companies do not pay federal taxes at the corporate tax rate, but rather pass along profits and losses to their shareholders — in many cases, the business owners themselves — who are then taxed at the individual rate.

Net profit included a writedown of 2.865 billion Swiss francs in the fourth quarter of deferred tax assets due to the introduction a new tax cuts and the jobs act in the United States.

How will this affect tax issues, such as the repatriation of profits, deductibility of expenses and personal liabilities?

«And if enough jurisdictions do it, then the shareholders of America will realize that they've got fewer after - tax profits to divvy up than continue to pay CEOs outrageous salaries.»

The Swiss bank UBS reported a net profit of 1.2 billion Swiss francs ($ 1.25 billion) for the whole of 2017, weighed down by a writedown in the fourth quarter that related to the new U.S. tax overhaul.

At the end of a game, if we haven't made at least 6 % net profit after taxes, we've lost that game, and there's no bonus.

And the challenges created by policing individuals from converting higher - taxed wages into lower - taxed business profits, both from a legislative language perspective and an enforcement perspective with the limited resources of the IRS, would be near impossible.

One area of contention is the matter of Apple paying taxes on the profits it recorded in Ireland as well as sending money back to the US to pay for research and development.

G4S, which posted 2017 core profit before tax of 496 million pounds, is finding that its service is also winning business with U.S. banks such as Bank of America Merrill Lynch.

To get to 100 percent of the information, you might need to ask for their tax returns over the past two years and their profit and loss statements (P&L s), while also setting up interviews with their CFO and their auditor and so on.

That means that as gross domestic product (GDP) has expanded, the gains have flowed to corporate and owners» profits and to the state, which is delighted to collect higher taxes at every level of government, from property taxes to income taxes.

The status quo now depends on financialization for its profits and taxes, and so ripping the heart out of financial skims and scams will also rip the heart out of the entire status quo.

But there are regulatory and tax issues that make the sale of cannabis less attractive from a profit - and - loss standpoint.

So he donates 100 percent of his after - tax profits.

But the projected bump from President Donald Trump's tax reforms are expected to help compensate the banks with even bigger future profits south of the border due to tax savings and increased economic activity.

The company also donates 10 % of after - tax profits to fund Profits for the Planet, initiatives that «help protect or restore the earth.profits to fund Profits for the Planet, initiatives that «help protect or restore the earth.Profits for the Planet, initiatives that «help protect or restore the earth.»

She'd also raise capital gains rates on profits stemming from short - term trading and she'd limit the ability of the super wealthy to avail themselves of tax advantage retirement programs.

AT&T Inc reported quarterly profit that beat analysts» estimates on Wednesday, helped by tax cuts and new wireless subscribers, and its chief executive voiced confidence the company will complete its $ 85.4 billion acquisition of Time Warner Inc..

The Internal Revenue Service revealed new details about its investigation into tax evasion related to bitcoin, filing court documents that suggest only a tiny percentage of virtual currency owners are reporting profits or losses in their annual returns.

According to the World Bank, taxes on commercial profits in Argentina add up to an effective maximum rate of 108 percent.

Reviewing and structuring the financial set - up in order to maximize profits whilst minimizing the tax burden is only a small part of an accountant's role.