Sentences with phrase «with excise taxes»

For example, one could impose a $ 1 or 2 % or whatever excise tax on every new radio or music player or television sold in the United States or its territories (both Japan and New Zealand, among others fund their public broadcasting systems in substantial part with excise taxes on TV and radio taxes).

If you choose the latter, you could still get hit with the excise tax.

Not exact matches

With 44 percent of Washington's excise tax burden passed on to consumers, the report found that in the short term, there was not much of a change.

Here's why: Many people don't realize that they may get socked with a 15 % excise tax as well as income - tax liability if their retirement accounts build so high that they, or their beneficiaries, eventually have to take any distribution that the IRS deems excessively large — more than $ 155,000 in 1996.

If the payments or benefits payable to him in connection with a change in control would be subject to the excise tax on golden parachutes imposed under Section 4999 of the Internal Revenue Code, then those payments or benefits will be reduced if such reduction would result in a higher net after - tax benefit to him.

One of the more controversial areas of the recently passed House bill (subject to reconciliation with any Senate bill), is the excise tax of 20 % on payments from U.S. entities to their related foreign affiliates for services, cost of goods sold and capital assets in exceess of $ 100 mn.

«That being said, Mr. Trump has paid hundreds of millions of dollars in property taxes, sales and excise taxes, real estate taxes, city taxes, state taxes, employee taxes and federal taxes, along with very substantial charitable contributions.»»

Within budgetary revenues, the year - over-year changes to date for all major components were higher, with the exception of corporate income taxes (down $ 0.5 billion) and excise taxes duties ($ 0.1 billion).

The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises... and to regulate Commerce with foreign Nations....

They sought to replace France's proliferation of excise and income taxes with a land tax» (l'impôt unique), on the logic that the sun and other forces of...

ETRs may be calculated with respect to a single tax, such as the individual income tax, or with respect to a combination of taxes (e.g., the total of individual and corporate income taxes, payroll taxes, excise taxes, and estate taxes).

Buying marijuana at state - licensed shops would come with a 15 % excise tax.

In addition, with the proposed merger between the company and Dow Chemical on the horizon, shareholders will consider whether the Company's decision to add excise tax gross - up provisions to NEO severance agreements is in their best interests.

Within budgetary revenues, all major components were higher with the exception of corporate income taxes and other excise taxes and duties.

The difference might seem only technical in income taxation, but it is more practical with regard to sales, excise and property taxation, where nonprofit organizations enjoy important insulation from governmental imposts and oversight by virtue of their not being a legitimate part of the tax base.

It only includes breweries that reported to the Brewers Association's annual Beer Industry Production Survey; breweries with staff estimates or data from state excise tax reports were not considered.

Replace the WET on wine and cider with a volumetric excise rate equal to the current excise tax rate applicable to low - strength beer sold offsite

Replace the wine equalisation tax (WET) on wine and cider with a volumetric excise rate equal to the current excise tax rate applicable to low - strength beer sold offsite.

With the new increases, taxes on petrol per litre are Excise Duty, 2.78 pesewas per litre; Energy Debt Recovery Levy, 41 pesewas per litre; Road Fund Levy, 40 pesewas per litre; Energy Fund Levy, 1 pesewas per litre; Price Stabilisation and Recovery Levy, 12 pesewas per litre.

With a projected revenue of N3.86 trillion in the face of dwindling crude oil receipts, government estimates that oil revenues contribute N820 billion of the total revenue; non-oil revenues, comprising Company Income Tax, CIT, Value Added Tax, VAT, Customs and Excise duties, and Federation Account levies, are expected to contribute N1.45 trillion; while independent revenues are expected to contribute N1.51 trillion through the enforcement of the Fiscal Responsibility Act, 2007 and public expenditure reforms in all MDAs.

The program would be formally phased in over the next three years, starting January 2019, with a 1.5 percent tax excised in the first year, growing to 3 percent the following year.

Amends the Excelsior Jobs credit program to provide participants with a credit against their payment of telecommunications excise tax (Part T).

If the budget is passed by the legislature, sugary drinks would be slapped with an extra penny - per - ounce excise tax.

«If the excise tax remains in the final bill that is approved and signed into law, it will place an unacceptable burden on our members — with approximately 40 percent being affected in the very first year.»

BN and Naji... s thanks for the 100 % taxes on Hybrid with 75 % excise duty, import tax, gst and AP system....

Rights Holders and Producers are solely responsible for their own compliance with all applicable tax laws, including but not limited to the Canadian Excise Tax Act, and the payment of any applicable taxtax laws, including but not limited to the Canadian Excise Tax Act, and the payment of any applicable taxTax Act, and the payment of any applicable taxes.

That sat ill with Congress, especially past the era of corporate raiders, so an excise tax dramatically reduced the business.

Some examples of potentially tax deductible expenses that come to mind are college tuition payments, vehicle excise taxes, property taxes, and / or expenses associated with any side businesses or income producing hobbies you may have.

Getting Back on Track with Busted SEPPs One of the exceptions to the 10 % early - distribution excise tax is taking distributions as part of a substantially equal periodic payment (SEPP).

Each Fund intends to distribute all of its net investment income, any excess of net short - term capital gains over net long - term capital losses, and any excess of net long - term capital gains over net short - term capital losses in accordance with the timing requirements imposed by the Code and therefore should not be required to pay any federal income or excise taxes.

By so qualifying, a Fund should not be subject to federal income or excise tax on its net investment income or net capital gain, which are distributed to shareholders in accordance with the applicable timing requirements.

In 2016, the CRA implemented a national policy to ensure persons charged with offences associated with tax evasion, fraud, laundering the proceeds of crime, or other indictable offences under the Income Tax Act, Excise Tax Act, or the Criminal Code are consistently fingerprinttax evasion, fraud, laundering the proceeds of crime, or other indictable offences under the Income Tax Act, Excise Tax Act, or the Criminal Code are consistently fingerprintTax Act, Excise Tax Act, or the Criminal Code are consistently fingerprintTax Act, or the Criminal Code are consistently fingerprinted.

According to Congressional Budget Office data, more than 90 percent of aviation excise taxes came from taxing passenger air fares, with the remaining coming from taxes on air cargo and aviation fuels.

If you borrow from either plan before age 59 1/2, you'll get slapped with a 10 % excise tax on the amount you withdraw, on top of the regular income tax you pay on withdrawals from traditional defined contribution plans.

If a reservation is cancelled more than 30 days prior to arrival, a cancellation charge of 75 USD plus General Excise Tax will be retained with the balance refunded to guest.

Taxes / Fees: Taxes and fees payable with Pay with Miles include only U.S. excise and departure / arrival taxes, airport charges, segment fees, the September 11th Security Fee, and international taxes and fees normally included in the Taxes / Fees: Taxes and fees payable with Pay with Miles include only U.S. excise and departure / arrival taxes, airport charges, segment fees, the September 11th Security Fee, and international taxes and fees normally included in the Taxes and fees payable with Pay with Miles include only U.S. excise and departure / arrival taxes, airport charges, segment fees, the September 11th Security Fee, and international taxes and fees normally included in the taxes, airport charges, segment fees, the September 11th Security Fee, and international taxes and fees normally included in the taxes and fees normally included in the fare.

Taxes and fees payable with Pay with Miles include only U.S. excise and departure / arrival taxes, airport charges, segment fees, the September 11th Security Fee, and international taxes and fees normally included in the Taxes and fees payable with Pay with Miles include only U.S. excise and departure / arrival taxes, airport charges, segment fees, the September 11th Security Fee, and international taxes and fees normally included in the taxes, airport charges, segment fees, the September 11th Security Fee, and international taxes and fees normally included in the taxes and fees normally included in the fare.

A reservation cancelled 60 days or less prior to arrival will be subject to full forfeiture of the 2 nights room rate plus General Excise Tax with the balance refunded to guest.

Keep in mind that Amex charges a «excise tax offset fee» of 0.06 cents per point ($ 0.0006) with a maximum of $ 99 per transfer.

The company says it charges $ 0.0006 per point, with a maximum fee of $ 99, «to offset the federal excise tax we must pay on such conversions.»

However, you have to pay an excise tax offset fee of $ 0.0006 per point (with a maximum fee of $ 99) to transfer Amex points into a U.S. airline frequent flyer program like Delta.

To defeat cigarette excise taxes, a Philip Morris strategy document outlined plans for «Co-op efforts with third party tax organizations» — libertarian anti-taxation think tanks, such as Americans for Tax Reform, Citizens for a Sound Economy, Citizens for Tax Justice and the Tax Foundatitax organizations» — libertarian anti-taxation think tanks, such as Americans for Tax Reform, Citizens for a Sound Economy, Citizens for Tax Justice and the Tax FoundatiTax Reform, Citizens for a Sound Economy, Citizens for Tax Justice and the Tax FoundatiTax Justice and the Tax FoundatiTax Foundation.

From the article:... A new report that details the effects of a looming Obamacare excise tax on employer - sponsored health plans highlights the big bucks large companies will have to dole out starting in 2018 and how employees might end up getting stuck with much of the costs if bosses blanch at the tax bill.

It took 1000 + pages to explain the carbon trading system in Waxman - Markey — I can explain this plan in two sentences: Institute a federal carbon excise tax on fuels whose rate increases with the carbon content per btu of the fuel.

Sin is understood to be the best thing to tax, but taxing it is generally seen as impractical, due to sin being generally underground (driven there by laws, with taxes thus reduced to excises on alcohol and tobacco)... However, taxing Carbon is easy, even when Carbon use is regarded as sinful, because there is no chance of anyone covering it up in a big way... All that had to be done was to put a handle on it, on Carbon use as sinful, that bureaucrats could use, scientific proof, formulae, models, and all that, and surround them with minders, Environmental PR minders.

This tax refund case set the precedent in the interpretation and construction of local Philippine taxation laws on imposition of excise taxes to aviation fuel purchased by international carriers for consumption outside the Philippines and its treaty obligations arising from the Chicago Convention and various bilateral air service agreements with other countries.

The law firm successfully represented a major petroleum company before the Philippine Supreme Court in connection with the corporation's claim for refund or tax credit for excise taxes it paid on petroleum products sold and delivered to international carriers.

Our tax attorneys assist with planning for real estate transactions, design Section 1031 exchanges, and advise our clients regarding the Massachusetts deeds excise tax and real estate transfer taxes in neighboring states.

She also negotiates with regulatory agencies on behalf of employers and multiemployer plans to prevent the assessment of penalties and excise taxes or the disqualification of plans.

Couzin Taylor LLP, which is allied with Ernst & Young LLP, has 44 lawyers in five offices across Canada, and deals in all areas of tax law, including tax litigation and tax controversy, corporate tax, human capital, international tax, mergers and acquisitions, corporate finance and capital markets, sales, customs and excise, and indirect tax.