Sentences with phrase «using the tax system»

Rachidi says using the tax system to get child care assistance to middle - income families makes sense, in part because it doesn't require any additional administrative infrastructure.

This is not fair to the working middle class because the Federal Government uses the tax system to encourage a lot of corporate behavior.

The primary justification for the proposed tax changes was that high - income individuals (e.g., doctors, small business owners, farmers, among others) were using the tax system to reduce their income tax by incorporating CCPCs to conduct their businesses or carry on their professional practises This meant that individuals with the same income could end up paying different taxes and this, according to the Finance Minister and the Prime Minister was «unfair».

One manifestation of Finance's power has been the increasing tendency to use the tax system to deliver social and industrial policy — a quick glance at the Department of Finance's annual, ever - expanding Tax Expenditures report (first introduced under the short - lived Joe Clark government) tells the tale.

Some states help with homeownership There is a small but growing number of states that are using their tax systems to encourage would - be homeowners to save for their down payments.

I think added to that is the incapacity of the American domestic political system to address these problems: the inability to use the tax system to address budgetary concerns; to spend money on new infrastructure; and the stasis that results from the presidential electoral season.

By contrast, the Lib Dems» new tax proposals being debated this morning would use the tax system to get people to live more environmentally friendly lives, by taxing gas - guzzling 4x4s and airline emissions.

He said strong parental relationships were «immensely important», but that the state should not «use the tax system to encourage a particular family form».

Former Lib Dem Treasury spokesman, Stephen Williams, said: «You don't build a fairer society by using the tax system to favour one type of family over another.»

If new international rules on bankers» bonuses don't work the Tories reserve the right to take further action, including using the tax system.

Osborne vowed that a Conservative government would target tax evasion and offshore tax havens and he warned bankers: «I believe in the free market, not a free ride... If we find the money that should be going into stronger bank balance sheets is being unreasonably diverted into bigger pay and bonuses we reserve the right to take further action and that includes using the tax system.»

Tony Dolphin, senior economist at the Institute for Public Policy Research thinktank, called for ministers to use the tax system to boost the economy in the short - term.

5.25 pm: David Cameron has not ruled out using the tax system to partially compensate families who will lose out from the loss of child benefit.

«What I am in favour of is using the tax system to maximise opportunity - not to penalise initiative or aspiration.

In yet another example of Copycat Labour we learnt that Chief Secretary to the Treasury Andy Burnham conceded that there were moral arguments for using the tax system to encourage marriage.

Denmark has long used the tax system to achieve health goals.

Some states help with homeownership There is a small but growing number of states that are using their tax systems to encourage would - be homeowners to save for their down payments.

Q. There've been attempts at «feebates» and other mixes of disincentives and incentives using the tax system for a long time.

Not exact matches

And what this often means is that they can take control of that system that's normally used by that tax professional,» Barlow said.

Portions of the IRS computerized payment system crash on Tax Day, preventing taxpayers from using their bank accounts to pay their taxes online.

Amazon plans to use the year to seek a «simple, nationwide system of state and local sales tax collection.»

For example, in «A Short History of the Income Tax,» John Steele Gordon points out that the U.S. income tax act of 1913 was only 14 pages long; by 1942, it had blossomed to 208 pages with over three - quarters of them «devoted to closing or defining loopholes» that tax lawyers and accountants were using to «game the system.&raqTax,» John Steele Gordon points out that the U.S. income tax act of 1913 was only 14 pages long; by 1942, it had blossomed to 208 pages with over three - quarters of them «devoted to closing or defining loopholes» that tax lawyers and accountants were using to «game the system.&raqtax act of 1913 was only 14 pages long; by 1942, it had blossomed to 208 pages with over three - quarters of them «devoted to closing or defining loopholes» that tax lawyers and accountants were using to «game the system.&raqtax lawyers and accountants were using to «game the system.»

The EC alleges that IKEA used an intercompany loan to offset tax, saying: «As a result of the interest payments, a significant part of Inter IKEA Systems» franchise profits after 2011 was shifted to its parent in Liechtenstein.»

So the alternative is no tax at all domestically, creating a true territorial taxation system where companies can be free to bring money back to the states to use for investment here, while also reinvesting in other companies as they build their global enterprises.

And yet the gas tax is far from an ideal system if we're interested in accurately pricing road use or fighting gridlock.

The policy makes the tax system more fair, is broadly popular, and is intended to hit wealthy «freelancers» like CEOs who use self - employment status as a tax dodge.

For example, individuals can pay their quarterly 1040ES estimated taxes electronically using the free system, and they can make payments quarterly, weekly, or monthly.

The tax system is used to determine eligibility and the amount of the benefit.

The rationale for these changes is that the tax system is used solely to determine eligibility and the amount of benefit but it has no effect on taxes payable.

Important factors that may affect the Company's business and operations and that may cause actual results to differ materially from those in the forward - looking statements include, but are not limited to, increased competition; the Company's ability to maintain, extend and expand its reputation and brand image; the Company's ability to differentiate its products from other brands; the consolidation of retail customers; the Company's ability to predict, identify and interpret changes in consumer preferences and demand; the Company's ability to drive revenue growth in its key product categories, increase its market share, or add products; an impairment of the carrying value of goodwill or other indefinite - lived intangible assets; volatility in commodity, energy and other input costs; changes in the Company's management team or other key personnel; the Company's inability to realize the anticipated benefits from the Company's cost savings initiatives; changes in relationships with significant customers and suppliers; execution of the Company's international expansion strategy; changes in laws and regulations; legal claims or other regulatory enforcement actions; product recalls or product liability claims; unanticipated business disruptions; failure to successfully integrate the Company; the Company's ability to complete or realize the benefits from potential and completed acquisitions, alliances, divestitures or joint ventures; economic and political conditions in the nations in which the Company operates; the volatility of capital markets; increased pension, labor and people - related expenses; volatility in the market value of all or a portion of the derivatives that the Company uses; exchange rate fluctuations; disruptions in information technology networks and systems; the Company's inability to protect intellectual property rights; impacts of natural events in the locations in which the Company or its customers, suppliers or regulators operate; the Company's indebtedness and ability to pay such indebtedness; the Company's dividend payments on its Series A Preferred Stock; tax law changes or interpretations; pricing actions; and other factors.

For the past week, Trump has blasted Bezos and Amazon for paying «little or no taxes» to various levels of government and for using the U.S. postal system as its subsidized «Delivery Boy» to put retailers out of business.

In addition, the law made changes to the alternative minimum tax (AMT) and was designed to reduce the number of taxpayers forced to pay using that system.

We used a placeholder of $ 100 billion, which is close to either the Tax Policy Center's estimate of switching to a territorial system as part of the House GOP tax plan or the Joint Committee on Taxation's estimate of a voluntary repatriation holiday (though a permanently lower rate would be more expensivTax Policy Center's estimate of switching to a territorial system as part of the House GOP tax plan or the Joint Committee on Taxation's estimate of a voluntary repatriation holiday (though a permanently lower rate would be more expensivtax plan or the Joint Committee on Taxation's estimate of a voluntary repatriation holiday (though a permanently lower rate would be more expensive).

We used Bank of America's payroll system to try to save costs, but our tax issue could have been prevented by using a third party payroll provider that automatically submitted payroll tax payments.

I have used a fall in exports to show how constrained Beijing's policy choices are, but I could just have easily done the same using as an example any change in the currency regime, the reform of the hukou system, the de-industrialization of the bankrupt northeast provinces, the development of the OBOR and Silk Road projects, changes in interest rates or minimum reserves, protecting the stock market from crashing, the provincial bond swaps, changes in the tax regime, improving energy and environmental policies, and so on.

A territorial system could simplify taxation of international income because exempting foreign income from taxation would reduce the sort of tax planning now needed to optimize the use of foreign tax credits to shield repatriated foreign income from US taxes.

In an attempt to provide transaparency, the four services below disclosed to ChooseWhat how they determine taxes and fees for their services, so we've used that information to help our entrepreneurs estimate the true cost of each system.

Important factors that may affect the Company's business and operations and that may cause actual results to differ materially from those in the forward - looking statements include, but are not limited to, operating in a highly competitive industry; changes in the retail landscape or the loss of key retail customers; the Company's ability to maintain, extend and expand its reputation and brand image; the impacts of the Company's international operations; the Company's ability to leverage its brand value; the Company's ability to predict, identify and interpret changes in consumer preferences and demand; the Company's ability to drive revenue growth in its key product categories, increase its market share, or add products; an impairment of the carrying value of goodwill or other indefinite - lived intangible assets; volatility in commodity, energy and other input costs; changes in the Company's management team or other key personnel; the Company's ability to realize the anticipated benefits from its cost savings initiatives; changes in relationships with significant customers and suppliers; the execution of the Company's international expansion strategy; tax law changes or interpretations; legal claims or other regulatory enforcement actions; product recalls or product liability claims; unanticipated business disruptions; the Company's ability to complete or realize the benefits from potential and completed acquisitions, alliances, divestitures or joint ventures; economic and political conditions in the United States and in various other nations in which we operate; the volatility of capital markets; increased pension, labor and people - related expenses; volatility in the market value of all or a portion of the derivatives we use; exchange rate fluctuations; risks associated with information technology and systems, including service interruptions, misappropriation of data or breaches of security; the Company's ability to protect intellectual property rights; impacts of natural events in the locations in which we or the Company's customers, suppliers or regulators operate; the Company's indebtedness and ability to pay such indebtedness; the Company's ownership structure; the impact of future sales of its common stock in the public markets; the Company's ability to continue to pay a regular dividend; changes in laws and regulations; restatements of the Company's consolidated financial statements; and other factors.

For example, our tax system has a refundable tax regime intended to prevent the use of holding companies to defer the recognition of income on inter-company dividends (which are generally not taxed in Canada).

Important factors that may affect the Company's business and operations and that may cause actual results to differ materially from those in the forward - looking statements include, but are not limited to, increased competition; the Company's ability to maintain, extend and expand its reputation and brand image; the Company's ability to differentiate its products from other brands; the consolidation of retail customers; the Company's ability to predict, identify and interpret changes in consumer preferences and demand; the Company's ability to drive revenue growth in its key product categories, increase its market share or add products; an impairment of the carrying value of goodwill or other indefinite - lived intangible assets; volatility in commodity, energy and other input costs; changes in the Company's management team or other key personnel; the Company's inability to realize the anticipated benefits from the Company's cost savings initiatives; changes in relationships with significant customers and suppliers; execution of the Company's international expansion strategy; changes in laws and regulations; legal claims or other regulatory enforcement actions; product recalls or product liability claims; unanticipated business disruptions; failure to successfully integrate the business and operations of the Company in the expected time frame; the Company's ability to complete or realize the benefits from potential and completed acquisitions, alliances, divestitures or joint ventures; economic and political conditions in the nations in which the Company operates; the volatility of capital markets; increased pension, labor and people - related expenses; volatility in the market value of all or a portion of the derivatives that the Company uses; exchange rate fluctuations; risks associated with information technology and systems, including service interruptions, misappropriation of data or breaches of security; the Company's inability to protect intellectual property rights; impacts of natural events in the locations in which the Company or its customers, suppliers or regulators operate; the Company's indebtedness and ability to pay such indebtedness; tax law changes or interpretations; and other factors.

Not surprisingly, each special tax rule has its constituency that has grown used to seeing the tax system as the delivery vehicle for the indirect government spending that benefits it.

The Canopy portals allow tax accountants to collaborate with their clients on tax paperwork remotely, as well as to use the automated system to gather insight about their clients» tax solutions.

One of the biggest problems we must remedy today is that governments are subsidizing highly health - destructive energy, food and drug use through our increasingly stressed tax system.

Last month, President Trump expressed concern over Amazon, declaring, «Unlike others, they pay little or no taxes to state & local governments, use our Postal System as their Delivery Boy (causing tremendous loss to the U.S.), and are putting many thousands of retailers out of business!»

Victims are also recommended to set up a fraud alert system, and to file taxes early in case a person tries to use their information to file false tax returns to get refunds.

Although the tax system is used to determine eligibility and the amount of the benefit, it does not affect a taxpayer's overall tax liability.

The $ 4.4 billion charge tied to the tax law stems from a requirement that companies move cash from overseas back to the United States and revalue assets that Goldman would have used under the old tax system to reduce its effective tax rate.

Therefore, it is unclear whether a BC NDP government would use future carbon tax increases as a net revenue generator for government, or whether an NDP government would follow the current system of returning to taxpayers the collected revenue in the form of tax savings for individuals and businesses.

Apple decided that its new offshore tax structure should use Appleby's office in Jersey, which is one of the Channel Islands and has strong links to the British banking system.

In other words, the tax system is used to deliver a spending program, not to determine one's tax liability.