Sentences with phrase «to pay taxes on the profits»

We don't currently pay tax on the profit earned from the sale of our primary residence.

As a general rule, companies pay tax on profits earned.

The company pays dividends from the profits it makes and has already paid tax on these profits.

You only pay taxes on the profits you make by selling your shares.

If you do not meet the residency requirement, you must pay tax on any profit generated by the sale of your home.

Pay tax on my profit now instead of later?

Perhaps businesses should pay tax on their profits rather than on their inputs.

If your child does not end up going to college, you can either name a new beneficiary (different kid) or just pay the taxes on profits.

The development of corporation tax itself has broadly maintained this principle, i.e. that the company pays tax on the profits that would have been made by the entrepreneur directly.

When it comes to taxes, it is important to note that you only pay tax on the profit that is made on a given investment.

Also, if you sell and have other potential investments, you might do a tax free exchange so you don't have to pay tax on your profits now.

After they deduct all business expenses, such as salaries, fringe benefits, and interest payments, C corporations pay a tax on their profits at the corporate level.

In Canada, we currently don't pay tax on profit earned from the sale of our primary residence.

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.

1031 Exchanges — In the US, when it comes time to sell, you can often avoid paying taxes on your profit by reinvesting that profit into another similar investment.

Edit: As @Barmar pointed out in the comments, you may also have to pay taxes on the profits if you sell at a favorable price.

But when the S corporation retains its profits for growth, stockholders must pay taxes on that profit even though they do not get a check in the mail — and the higher the profits, the more rapid the growth, the higher the taxes.

Companies have countered they already pay taxes on those profits in the companies where they do business, and, because of easier tax rules, that is an incentive to do even more business there.

A C - corp pays tax on its profits, just like IBM or GM, but the earnings wouldn't flow to Trump's personal return unless they pay him dividends.

Companies currently deduct practically all of their costs, including imports, from their sales revenue, and then pay taxes on the profits that are left.

Owners of so - called pass - through businesses, who pay taxes on their profits at the owner's individual tax rate, would receive a slightly less generous tax break than the Senate - and House - passed bills called for, allowing a 20 percent deduction on profits they earn.

You always pay taxes on the profits regardless if you reinvest or don't.

You'll have to pay taxes on your profits when you withdrawal them, just like any other business, this is something you'll have to explore more on your own time and according to the laws in the country you live in.

If there's a mismatch, the owner either pays more for the new property or pays taxes on profits realized from the trade.

The members of an LLC are issued K - 1 Form and have to pay taxes on all profits as though it were income, which could expose the owners to high employment taxes.

The «they do pay» camp were saying that companies pay taxes on their profit and not their revenue so with their small margins everything is normal.

Because Apple paid tax on its profits, and then you paid tax on the dividends, some refer to this as double taxation of dividends.

Prior to May 7, 1997, homeowners had to file Form 2119 to rollover profit on a home sale to avoid paying taxes on the profit.

However, over the years, as the Target Fund changes its mix, withdrawing money from the stock mutual funds and investing the proceeds into bond mutual funds, you do not have to pay taxes on the profits generated by these transactions except insofar as some part of the profits become distributions from the Target Fund itself.

«People who have made investments [in cryptocurrencies] and have not declared income while filing taxes and have not paid tax on the profit earned by investing, we are sending them notices as we feel that it is all taxable.»

Corporations file taxes separately from owners, and owners only pay taxes on profits they personally receive.

«People who have made investments [in cryptocurrency] and have not declared income while filing taxes and have not paid tax on the profit earned by investing, we are sending them notices as we feel that it is all taxable,» said Mr. Chanda, whilst speaking at an ASSOCHAM event in New Delhi.

After the C corporation deducts all business expenses, such as salaries, fringe benefits, and interest payments, it pays a tax on its profits at the corporate level.

The AARP keeps a wary eye on those who think the organization should pay taxes on its profits.

This works in closely held companies because the identity between ownership and management and effective political power of the owners in corporate governance is sufficient to make sure that the entity distributes enough money to allow the owners to pay taxes on profits that are earned.

The investment company reports this income to the federal government, and you will have to pay taxes on the profits, even if you reinvested the profits into the mutual fund.

It is important to keep in mind, too, that you'll have to pay taxes on any profit you gain from selling your investments.

They will receive the assets tax - free, but the account will be shut down, and they will have to pay tax on any profits earned after your death and before the account is closed.

In most cases, you do not have to pay tax on any profit you made from selling your main home.

Companies pay tax on their profits.

You can pay taxes on the profits from the $ 12 shares ($ 300 profit), the $ 10 shares ($ 500 profit) or the $ 14 shares ($ 100 profit).

You pay taxes on your profit: the difference between what you sold it for and what you bought it for.