Sentences with phrase «to be subject to taxation»

This means that the growth of these funds will not be subject to taxation until they are withdrawn.

In a taxable investment account, your capital gains and investment income are subject to taxation in the year they are earned.

The income threshold where taxes kick in is not very high, and often 50 percent or as high of 85 percent of your social security benefits are subject to taxation.

If you do not meet the residency requirements, all of the profit is subject to taxation.

Any amount of your estate over the estate tax threshold is subject to taxation.

It is important to note that all types of property transfers are subject to taxation.

Businesses are subject to taxation for having personal property, including vehicles, machinery and furniture.

Only the value of your estate that exceeds the exemption amount for the year of your death is subject to taxation.

You have the flexibility to withdraw the funds at any time from the account; however, withdrawals up to the government's matching contribution and any interest accrued are subject to taxation.

For example, punitive damages may still be subject to taxation.

Once blockchain technology realizes the ability for electronic invoices and tax agents, the aforementioned online stores will then be subject to taxation, contributing to a huge sum in tax revenue.

This means that, as the cash value grows, the gain will not be subject to taxation, as long as it remains inside the policy.

If too much money is paid, the policy will be considered a modified endowment contract and may be subject to taxation in some circumstances.

There are several factors determining whether the short - term disability benefit is subject to taxation.

As a business owner, all your profits are subject to taxation.

Any amount of your estate over the estate tax threshold is subject to taxation.

So, the question that some in Congress might ask is, why should the largest private university endowments not also be subject to taxation on investment income?

Overall, taxable income is that portion of your gross income which is subject to taxation by the governing authority, minus any allowable itemized or standardized deductions.

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.

A non-qualified distribution is subject to taxation of earnings and a 10 % additional tax unless an exception applies.

In summary, taxable income is that portion of your gross income which is subject to taxation by the governing authority, less any allowable itemized or standardized deductions.

A non-qualified distribution is subject to taxation of earnings and a 10 % additional tax unless an exception applies.

Accounts that don't receive special tax treatment, so all interest, dividends, and capital gains are subject to taxation in the year they're received.

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

One feature which especially favors investment bonds is the» 5 % cumulative allowance» — the ability to draw 5 % of the original investment amount each policy year without being subject to any taxation on the amount withdrawn.

For example, if the current credit is $ 11,200,000 for an unmarried person and the gross estate is $ 20,000,000, then $ 8,800,000 would be subject to taxation at a rate of 40 %.

Non-qualified withdrawals are subject to taxation of earnings and a 10 % penalty unless an exception applies.

Residential properties that are the primary residence of the homeowner in Utah receive a property tax exemption of 45 %, which means that only 55 % of a home's value is subject to taxation.

This has been one of the key motivators of structuring offshore foundations to be the token issuer — offshore foundations may not be subject to some taxation requirements.

Payments by credit card are subject to taxation.»

It's not the biggest news at Frankfurt, but the arrival of the Range Rover Hybrid and Range Rover Sport Hybrid is big news for Land Rover, and for buyers running cars who are subject to taxation on benefits.

Your claims payments will be subject to taxation proportionately to the premium paid by your employer.

As with all hypotheticals, this example does not represent the performance of any specific investment and the earnings would be subject to taxation upon withdrawal at then - current rates and subject to penalties for early withdrawal.

Withdrawals of earnings for reasons other than those listed above are subject to taxation and a 10 % IRS penalty on the amount withdrawn.

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.

There appears to be an argument that two member states agreeing to waive the exemption so that one member state is subject to taxation in the other member state on the routes between the two member states would not affect other EU air carriers flying those routes unless both member states implemented the tax.

With every individual's income in the country being subject to taxation by the government, every year's financia... Read More

The account's earnings will be tax - free, and withdrawals will not be subject to taxation unless you choose to withdraw the money and use it for something other than qualifying educational expenses.

And again, if you transfer the policy less than three years before you die, it's still considered part of your estate, and if the estate is subject to taxation, your beneficiary won't be able to avoid the estate tax.

However, if the life insurance policy has a building interest rate, then the interest that has been earned above and beyond the premiums that has been paid into the policy is subject to taxation if the policy has been cashed out.

Bitcoin mining is subject to taxation in the country, but only if it makes a profit.

How much of your Social Security is subject to taxation?

Accounts that don't receive special tax treatment, so all interest, dividends, and capital gains are subject to taxation in the year they're received.

«Confirm that an Irish company can conduct management activities (such as board meetings, signing of important contracts) without being subject to taxation in your jurisdiction,» the document requested.

According to the IRS, Bitcoin is not a «currency» but rather virtual property that is subject to taxation as normal property would be subject to.

In addition, in other cases the IRS has considered whether recovered lost wages should be subject to taxation at the time of settlement.

It has also allowed international flights to be subject to taxation for the first time when flying on routes within the EU where the tax exists.