Sentences with phrase «with federal tax revenue»

Combined contribution of the states to tax revenue stood at 15.43 per cent of total tax revenue with Federal tax revenue making up 84.57 per cent for year 2015.

Not exact matches

In 2013, oil and gas accounted for 68 % of Russia's total exports, while duties on those exports, combined with taxes on mining, accounted for 50 % of the federal government's revenue.

The company reported earnings and revenue for the first quarter that were roughly in line with consensus estimates, but did not provide much new color on an unfavorable tax allowance decision from federal regulators.

debt obligations of the U.S. government that are issued at various intervals and with various maturities; revenue from these bonds is used to raise capital and / or refund outstanding debt; since Treasury securities are backed by the full faith and credit of the U.S. government, they are generally considered to be free from credit risk and thus typically carry lower yields than other securities; the interest paid by Treasuries is exempt from state and local tax, but is subject to federal taxes and may be subject to the federal Alternative Minimum Tax (AMT); U.S. Treasury securities include Treasury bills, Treasury notes, Treasury bonds, zero - coupon bonds, Treasury Inflation Protected Securities (TIPS), and Treasury Auctitax, but is subject to federal taxes and may be subject to the federal Alternative Minimum Tax (AMT); U.S. Treasury securities include Treasury bills, Treasury notes, Treasury bonds, zero - coupon bonds, Treasury Inflation Protected Securities (TIPS), and Treasury AuctiTax (AMT); U.S. Treasury securities include Treasury bills, Treasury notes, Treasury bonds, zero - coupon bonds, Treasury Inflation Protected Securities (TIPS), and Treasury Auctions

Moreover, the panel concluded that, with the demogrant, the tax rate needed to sustain current federal revenues would exceed — perhaps far exceed — 34 percent.

The replacement of the federal manufacturer's sales tax with the Goods and Services Tax in 1991 removed economic distortions and provided the government with a more reliable and stable revenue sourtax with the Goods and Services Tax in 1991 removed economic distortions and provided the government with a more reliable and stable revenue sourTax in 1991 removed economic distortions and provided the government with a more reliable and stable revenue source.

The payments and benefits provided under his executive agreement in connection with a change in control may not be eligible for a federal income tax deduction for the company pursuant to Section 280G of the Internal Revenue Code.

Federal Revenue by State for 2016 On March 25, 2018, we updated usgovernmentspending.com with the numbers from «SOI Tax Stats - Gross...

On January 1, 1991, the previous Conservative Government replaced the federal manufacturer's sales tax with the Goods and Services Tax, thereby leveling the playing field between domestic producers and their foreign competitors and providing the federal government with a much more predictable and stable revenue batax with the Goods and Services Tax, thereby leveling the playing field between domestic producers and their foreign competitors and providing the federal government with a much more predictable and stable revenue baTax, thereby leveling the playing field between domestic producers and their foreign competitors and providing the federal government with a much more predictable and stable revenue base.

My proposed tax thus provides the federal government with $ 2.5 billion in tax revenue earmarked for education.

No one with the requisite skill has done a revenue analysis of Gingrich's tax plan, but eyeballing the Tax Policy Center's analysis of the Perry Plan, I would be surprised if the Gingrich plan didn't reduce federal revenue by at least $ 3 trillion dollars over ten yeatax plan, but eyeballing the Tax Policy Center's analysis of the Perry Plan, I would be surprised if the Gingrich plan didn't reduce federal revenue by at least $ 3 trillion dollars over ten yeaTax Policy Center's analysis of the Perry Plan, I would be surprised if the Gingrich plan didn't reduce federal revenue by at least $ 3 trillion dollars over ten years.

In the late»50s he settled out of court with the Federal Government when the Internal Revenue Service went after him for $ 38,157 he allegedly owed in back taxes.

From 2009 to 2013, the Internal Revenue Service hit Massey and his wife with three federal tax liens totaling $ 4.1 million, according to records filed with Westchester County Clerk.

The policy dates back to the federal Revenue Act of 1862, the country's first income tax, later confirmed with the ratification of the 16th Amendment to the Constitution in 1913, Cuomo said.

«It is also essential that the Governor and New York business, labor and civic leaders work with President Bush, the New York Congressional delegation, and the leaders of the U. S. House and Senate to secure direct federal assistance for the tax revenue that the state is losing as a direct result of the September 11 attacks,» said Mauro.

The 1999 Constitution in section 162 (1) establishes a pool of revenue belonging to all three levels of government, federal, state and local government, called the Federation Account, «into which shall be paid ALL revenues collected by the Government of the Federation, except the proceeds from the personal income tax of the personnel of the Armed Forces of the Federation, the Nigeria Police Force, the Ministry or department of government charged with responsibility for Foreign Affairs and the residents of the Federal Capital Territory, Abuja&federal, state and local government, called the Federation Account, «into which shall be paid ALL revenues collected by the Government of the Federation, except the proceeds from the personal income tax of the personnel of the Armed Forces of the Federation, the Nigeria Police Force, the Ministry or department of government charged with responsibility for Foreign Affairs and the residents of the Federal Capital Territory, Abuja&Federal Capital Territory, Abuja».

The governor says the new taxes, which would raise most of the money from the healthcare industry, are necessary to deal with an expected drop in federal aid and the loss of revenue under the new federal tax law.

On the N - Tax component added to the new recruitment, he said it was being done as a leverage partnership with the Federal Ministry of Finance and the Federal Inland Revenue Service to grow the country's tax baTax component added to the new recruitment, he said it was being done as a leverage partnership with the Federal Ministry of Finance and the Federal Inland Revenue Service to grow the country's tax batax base.

But The News also reported in 2016 that Pigeon owed the federal government about $ 330,000 in back taxes and that he had negotiated a payback plan with the Internal Revenue Service.

They agreed with the governor's view that the state will probably have to close a $ 4 billion deficit next year, due to lowered tax revenues and federal health care cuts.

Soon after President Richard Nixon took office in 1969, it was widely reported that his administration was considering a federal VAT with the revenue to be shared with state and local governments to reduce their reliance on property taxes and to fund education spending.

In 2002, federal investigators said Mr. Litwin and dozens of other property owners had received illegal tax breaks arranged by a consultant who was charged with bribing tax assessors in a scheme that cost the city $ 160 million in revenue over four years.

Although federal tax revenues are far short of anticipated spending, the federal government is not about to step in with still another stimulus package.

Since high - minority status schools tend to be located in the poorest communities with the least amount of property tax revenue to fund schools, they are more dependent on funding from state and federal sources.

By comparison, as little as 6 % of school revenue is generated by local taxes in the poorest school districts, with state and federal funding making up the difference.

Examining Sweden's education financing highlights how complicated our system is here in America — with our varying amounts of state, local and federal contributions — as Sweden's education system is funded primarily by tax revenue from local municipal authorities.

Federal income tax law prohibits the use of direct or indirect Federal guarantees in combination with tax - exempt debt (section 149 (b) of the Internal Revenue Code of 1986 (the Code).

In addition to the TIFIA credit assistance, the $ 2.722 billion project is funded with $ 715 million in toll revenue bonds, $ 74 million in toll receipts, $ 144 million in state and local sales tax deferrals, $ 547 million in state fuel taxes, $ 819 million in Direct GARVEE bonds, and $ 124 million federal formula funds.

The project is financed with a grant from the Federal Transit Administration, local Measure A transportation sales tax revenue for capital projects and a Bay Area Air Quality Management District grant for heavy duty zero - emission vehicles.

A: I don't have experience with Georgia taxes, but based on what I see on the Georgia Department of Revenue's website, the starting point for Georgia taxes is your federal Adjusted Gross Income.

Qualifying employment in a public service job is defined as any employment with a federal, state, or local government agency, entity, or organization or a not - for - profit organization that has been designated as tax - exempt by the Internal Revenue Service (IRS) under Section 501 (c)(3) of the Internal Revenue Code (IRC).

At some point the bond market will stop financing our debt spending, at which point we can either cut federal spending 50 % overnight to bring it in line with tax revenues, renege on the debt, or «monetize» the debt by printing money.

But with today's sophisticated technology coupled with the federal government aggressively seeking revenues for the nation's coffers, the CRA is ramping up its search, and going after tax money and taxpayers everywhere.

Qualifying employment is any employment with a federal, state, or local government agency, entity, or organization or a not - for - profit organization that has been designated as tax - exempt by the Internal Revenue Service (IRS) under Section 501 (c)(3) of the Internal Revenue Code (IRC).

The Revenue Reconciliation Act of 1993 eliminated some of the changes in the 1986 tax act and added two new federal income tax brackets to the existing three, with the top rate hitting 39.6 %.

The tax relief professional can then negotiate on your behalf with the state or federal IRS (Internal Revenue Service).

With the federal deficit now estimated to come in at $ 18 billion (or more), there is nervous speculation that Finance Minister Bill Morneau may go beyond the specific tax changes already detailed in the Liberal pre-election platform and introduce new measures in his March 22 budget to raise much needed tax revenue.

OTR recommends that same - sex spouses prepare a «mock» joint federal return (which is not to be filed on the federal level with the Internal Revenue Service or with OTR), in order to (1) assist in the preparation of the joint DC return and (2) aid in the calculating of the benefits of filing jointly or married filing separately on a combined D - 40 tax return.

Some of the FFEL program lenders have countered with proposals that would make ECASLA permanent and which yield at least three - quarters of the savings from President Obama's proposals, not counting any savings from FFELP lenders corporate income tax revenue to the federal government.

A partnership with the Canada Revenue Agency to explore more comprehensive reporting requirements so that correct federal and provincial taxes, including income and sales taxes, are paid on purchases and sales of real estate in Ontario.

Truth: Every day, the CCSPCA works with legitimate organizations frequently referred to as «rescue groups», which are defined as active status non-profit or not — for - profit organizations with written proof of State of California Franchise Tax Board and / or Federal Department of the Treasury Internal Revenue Service 501 (c) 3 status.

* Pet Placement Organization (organizations frequently referred to as «rescue groups», which are defined as active status, non-profit or not — for - profit organizations with written proof of State of California Franchise Tax Board and / or Federal Department of the Treasury Internal Revenue Service 501 (c) 3 status.)

Moroney, the card industry consultant, says it may just be a matter of time before all rewards are taxed — especially with the federal government looking for revenue sources to help pay down the national debt.

(Since such institutions are also exempt from federal taxes, the Internal Revenue Service is charged with ensuring that organizations adhere to their tax - exempt purposes.)

My point was more... a cap - and - trade that provides the federal government with significantly more revenues than the fuel tax, as one example, just strikes me as 1) not much of a market based system (you know — looks like a tax, feels like a tax, smells like a tax, IS TAtax, as one example, just strikes me as 1) not much of a market based system (you know — looks like a tax, feels like a tax, smells like a tax, IS TAtax, feels like a tax, smells like a tax, IS TAtax, smells like a tax, IS TAtax, IS TAXTAX!)

Faced with the challenge of raising revenues to pay for exploding federal government costs that neither party has any interest in reducing, the carbon tax is suddenly attracting the interest of the Left and Right.

In 2008 the BC Liberals (which are not affiliated with the federal Liberals) introduced North America's first revenue neutral Carbon tax.

Formerly a senior Tax Litigator with the Federal Department of Justice acting on behalf of the Canada Revenue Agency (CRA) for almost 10 years, Jeff has advised the Aggressive Tax Planning Division of CRA involving some of the most significant tax matters in the Prairie regiTax Litigator with the Federal Department of Justice acting on behalf of the Canada Revenue Agency (CRA) for almost 10 years, Jeff has advised the Aggressive Tax Planning Division of CRA involving some of the most significant tax matters in the Prairie regiTax Planning Division of CRA involving some of the most significant tax matters in the Prairie regitax matters in the Prairie region.

Man charged in Edmonton attack was ordered deported by U.S. in 2011, Canadian Press Trudeau proposes federal excise tax on legal pot, sharing revenue with provinces, Canadian Press Auditor general says Nova Scotia government needs to tighten its fraud controls, Canadian Press United States Police probe turns to Las Vegas gunman's girlfriend; investigators examine $ 100,000 transfer overseas, Reuters SEC forensics unit sought resources, cyber training ahead of 2016 hack, Reuters

Disputes over support obligations require both parties to comply with their disclosure obligations, since both the Family Law Act and the Federal Child Support Guidelines both require the court to make determinations about a person's income based on their tax information, but the Income Tax Act does not permit a court to obtain that information directly from Canada Reventax information, but the Income Tax Act does not permit a court to obtain that information directly from Canada RevenTax Act does not permit a court to obtain that information directly from Canada Revenue.