Sentences with phrase «with phantom income»

Due to missed premium notices and the loans, the policy eventually reached a tipping point of being in danger of lapsing with phantom income within a year.

Not exact matches

Thus, investors may be subject to tax on «phantom income,» with the gain in principal outweighing the coupons received.

What you report, is what you get taxed on, with the exception that firms that are heavily indebted to avoid paying taxes would get taxed on phantom income, the same as private equity.

Private equity would get taxed off of «phantom income» at a 15 % compounded rate, i.e., a private equity fund with $ 100 million in equity would have to pay taxes on $ 15 million of phantom income, at the fund if 15 % distributions are not made to shareholders.

Immediate taxable income would would be distributable, but since loss carryforwards can be paired with the capital gains, one of the main obstacles to buying back REIT CDO debt is eliminated (i.e., where to come up with the cash to pay required REIT dividends on «phantom» taxable income that is suddenly higher than actual operating cash flow?

To zad886 There are two U.S. groups that co-operated with each other and lobbied the U.S.governemnt ro amend their defective «Alternative Minimum Tax» (AMT) legislation to stop taxing U.S. citizens on phantom income plus providing fair compensation retroactively to those that had already paid such taxes / penalties.

It is unreasonable and unfair to require that they also pay tax on the phantom income associated with debt cancellation, especially because there will be no cash proceeds from the sale.

I could also say that your fee - for - service «agent «is also a leech, waiting for you to show up again in order for him / her to boiler plate another offer on another phantom property; if only I could have been able to do that to make a nice income without feeling just a little bit cheap with my expertise and most importantly, my time regarding letting my client in on the negatives of said property as I saw them... from an objective point of view, and not from a subjective, already - emotionally - attached - to - the - property point of view of the buyer, being something like a person falling in love with a piece - of - crap used car because it is a favourite colour.