Sentences with phrase «withholding tax as»

The certification procedures required to claim a reduced rate of withholding under a treaty will satisfy the certification requirements necessary to avoid the backup withholding tax as well.

This method would trigger a withholding tax as well as a T4RSP from my current broker.

Besides if the person that past away was in Canada there is a withholding tax as outlined in the canadian tax code.

When you take it out there is a withholding tax as should in the table below.

Hi was reading online about this withholding tax as I have recently opened my TFSA with TD waterhouse and I purchased some US equity mutual funds, so will I get charged withholding tax on dividends from those mutual funds??

If you are a non-resident, you will be subject to a 15 % withholding tax as legislated by Revenue Canada.

If you're paying super benefits from a TRIS to a member who is aged 60 or over, there is generally no need to withhold tax as the pension payments will generally be received tax - free.

Not exact matches

Being your own boss comes with additional considerations, as there is no company withholding taxes or offering benefits like a retirement plan.

If the IRS finds you've misclassified an employee as an independent contractor, you'll pay a percentage of income taxes that should have been withheld on the employee's wages and be liable for your share of the FICA and unemployment taxes, plus penalties and interest.

And high - earners whose incomes come from wages — as opposed to investment income or owning a company or pass - through — have a tougher time prepaying since their state income taxes are paid through withholding.

As you know, when a worker is classified as an employee, the IRS receives both the employer and employee portion of payroll taxes directly through the payroll tax withholding systeAs you know, when a worker is classified as an employee, the IRS receives both the employer and employee portion of payroll taxes directly through the payroll tax withholding systeas an employee, the IRS receives both the employer and employee portion of payroll taxes directly through the payroll tax withholding system.

When we ship from the Netherlands, only 7 % of our Singapore revenues get withheld as foreign taxes,» says Gagliardi.

You can avoid the slaps on the wrist if you had at least as much income tax withheld this year as last (unless you make more than $ 150,000, in which case you have to hold back at least 110 percent of the prior year's withholding).

«So what my co-author and I wanted to explore was exactly what the impact was of this introduction of withholding that happened from 1948 - 1976 at the state level on income tax collections, and the kinds of revenues that are being raised by state governments as a result.»

Shares that are exchanged by a participant or withheld by Apple to pay the exercise price of an option or stock appreciation right granted under the 2014 Plan, as well as any shares exchanged or withheld to satisfy the tax withholding obligations related to any option or stock appreciation right, will not be available for subsequent awards under the 2014 Plan.

When shares of Capital Stock are to be issued upon the exercise, grant or vesting of an Incentive Award, Google shall have the authority to withhold a number of such shares having a Fair Market Value at the date of the applicable taxable event determined by the Committee to be sufficient to satisfy the minimum federal, state and local withholding tax requirements, if any, attributable to such exercise, grant or vesting but not greater than the minimum withholding obligations, as determined by Google in its sole discretion.

An Option will be deemed exercised when the Company receives: (i) a notice of exercise (in such form as the Administrator may specify from time to time) from the person entitled to exercise the Option, and (ii) full payment for the Shares with respect to which the Option is exercised (together with applicable withholding taxes).

«Total CEO realized compensation» for a given year is defined as (i) Mr. Musk's salary, cash bonuses, non-equity incentive plan compensation and all other compensation as reported in «Executive Compensation — Summary Compensation Table» below, plus (ii) with respect to any stock option exercised by Mr. Musk in such year in connection with which shares of stock were also sold other than to satisfy the resulting tax liability, if any, the difference between the market price of Tesla common stock at the time of exercise on the exercise date and the exercise price of the option, plus (iii) with respect to any restricted stock unit vested by Mr. Musk in such year in connection with which shares of stock were also sold other than automatic sales to satisfy the Company's withholding obligations related to the vesting of such restricted stock unit, if any, the market price of Tesla common stock at the time of vesting, plus (iv) any cash actually received by Mr. Musk in respect of any shares sold to cover tax liabilities as described in (ii) and (iii) above, following the payment of such amounts.

In the event Mr. Block's employment terminates due to his death or disability (as defined in his offer letter), he or his estate will be entitled to receive the following payments and benefits (less applicable tax withholdings), in addition to any other compensation and benefits to which he (or his estate) may be entitled under applicable plans, programs and agreements of the Company:

The IRS Withholding Calculator is only as accurate as the information you enter, so leaving that income out may result in a higher tax liability.

A second problem is a plunge in tax collections as individuals withhold tax payments on hopes for future relief.

The Institute proposes a number of future priorities, such as moving to comprehensive corporate group taxation, expanding the basic personal amount to all individual investors, more comprehensive treatment of returning travelers, elimination of withholding taxes on Canada - US cross-border dividend payments, extending the dividend tax credit, and eliminating regionally extended employment insurance benefits.

Technically, if you elect not to have taxes withheld from your unemployment benefits, you're required to personally make those payments to the IRS as quarterly estimated tax payments during the time you collect unemployment.

In addition to federal tax, your state will make additional withholdings for taxes, and most states will deduct other money that you may owe to the state, such as back taxes, child support, loan payments, etc..

on a pro forma basis, giving effect to (i) the automatic conversion of all of our outstanding shares of convertible preferred stock other than Series FP preferred stock into shares of Class B common stock and the conversion of Series FP preferred stock into shares of Class C common stock in connection with our initial public offering, (ii) stock - based compensation expense of approximately $ 1.1 billion associated with outstanding RSUs subject to a performance condition for which the service - based vesting condition was satisfied as of December 31, 2016 and which we will recognize on the effectiveness of our registration statement in connection with a qualifying initial public offering, as further described in Note 1 to our consolidated financial statements included elsewhere in this prospectus, (iii) the increase in accrued expenses and other current liabilities and an equivalent decrease in additional paid - in capital of $ 187.2 million in connection with the withholding tax obligations, based on $ 16.33 per share, which is the fair value of our common stock as of December 31, 2016, as we intend to issue shares of Class A common stock and Class B common stock on a net basis to satisfy the associated withholding tax obligations, (iv) the net issuance of 7.6 million shares of Class A common stock and 5.5 million shares of Class B common stock that will vest and be issued from the settlement of such RSUs, (v) the issuance of the CEO award, as described below, and (vi) the filing and effectiveness of our amended and restated certificate of incorporation which will be in effect on the completion of this offering.

in the case of our directors, officers, and security holders, (i) the receipt by the locked - up party from us of shares of Class A common stock or Class B common stock upon (A) the exercise or settlement of stock options or RSUs granted under a stock incentive plan or other equity award plan described in this prospectus or (B) the exercise of warrants outstanding and which are described in this prospectus, or (ii) the transfer of shares of Class A common stock, Class B common stock, or any securities convertible into Class A common stock or Class B common stock upon a vesting or settlement event of our securities or upon the exercise of options or warrants to purchase our securities on a «cashless» or «net exercise» basis to the extent permitted by the instruments representing such options or warrants (and any transfer to us necessary to generate such amount of cash needed for the payment of taxes, including estimated taxes, due as a result of such vesting or exercise whether by means of a «net settlement» or otherwise) so long as such «cashless exercise» or «net exercise» is effected solely by the surrender of outstanding stock options or warrants (or the Class A common stock or Class B common stock issuable upon the exercise thereof) to us and our cancellation of all or a portion thereof to pay the exercise price or withholding tax and remittance obligations, provided that in the case of (i), the shares received upon such exercise or settlement are subject to the restrictions set forth above, and provided further that in the case of (ii), any filings under Section 16 (a) of the Exchange Act, or any other public filing or disclosure of such transfer by or on behalf of the locked - up party, shall clearly indicate in the footnotes thereto that such transfer of shares or securities was solely to us pursuant to the circumstances described in this bullet point;

the disposition of shares of common stock to us, or the withholding of shares of common stock by us, in a transaction exempt from Section 16 (b) of the Exchange Act solely in connection with the payment of taxes due with respect to the vesting or settlement of RSUs granted under our equity incentive plans or pursuant to a contractual employment arrangement described elsewhere in this prospectus, insofar as such RSU is outstanding as of the date of this prospectus; provided, that, if required, any public report or filing under Section 16 of the Exchange Act will clearly indicate in the footnotes thereto that such disposition to us or withholding by us of shares or securities was solely to us pursuant to the circumstances described in this clause;

The pro forma consolidated balance sheet data gives effect to (i) the automatic conversion of all of our outstanding shares of convertible preferred stock other than Series FP preferred stock into shares of Class B common stock and the conversion of Series FP preferred stock into shares of Class C common stock in connection with our initial public offering, (ii) stock - based compensation expense of approximately $ 1.1 billion associated with outstanding RSUs subject to a performance condition for which the service - based vesting condition was satisfied as of December 31, 2016 and which we will recognize on the effectiveness of our registration statement in connection with this offering, as further described in Note 1 to our consolidated financial statements included elsewhere in this prospectus, (iii) the increase in accrued expenses and other current liabilities and an equivalent decrease in additional paid - in capital of $ 187.2 million in connection with the withholding tax obligations, based on $ 16.33 per share, which is the fair value of our common stock as of December 31, 2016, as we intend to issue shares of Class A common stock and Class B common stock on a net basis to satisfy the associated withholding tax obligations, (iv) the net issuance of 7.6 million shares of Class A common stock and 5.5 million shares of Class B common stock that will vest and be issued from the settlement of such RSUs, (v) the issuance of the CEO award, as described below, and (vi) the filing and effectiveness of our amended and restated certificate of incorporation which will be in effect on the completion of this offering.

Check Your Withholding: The government estimates that most taxpayers will see a drop in their tax bill when 2019 rolls around, but because the new law has many twists and turns (especially for those who live in high property and income tax states), your best bet is to assume that your tax liability will be at least the same as this year.

If this amount is less than taxes paid via withholding or estimated tax payments, the taxpayer receives the difference as a refund.

Backup withholding tax may also apply to payments made to a non-U.S. holder on or with respect to our common stock, unless the non-U.S. holder certifies as to its status as a non-U.S. holder under penalties of perjury or otherwise establishes an exemption, and certain other conditions are satisfied.

If you work exclusively at one employer, that's fine, as they know your total income and can apply tax rates accordingly; this is how income tax withholding works, after all.

The changes in the withholding tables that took place as a result of tax reform do not mean that you're all set and should bank on a similar refund when you file your taxes next year.

However, if you don't have the cash to make up for the 20 % withheld, the IRS will consider that 20 % as a distribution, making it subject to taxes and a possible 10 % early withdrawal penalty if you are under age 59 1/2.

If you've ever experienced the sticker shock of realizing you won't be making as much as you thought you would, it's likely because you incorrectly estimated how much of your paycheck would be going toward taxes or other withholding.

Generally, these deferred wages (elective deferrals) are not subject to federal income tax withholding at the time of deferral and they are not reflected as taxable income on your Form 1040, U.S. Individual Income Tax Retutax withholding at the time of deferral and they are not reflected as taxable income on your Form 1040, U.S. Individual Income Tax RetuTax Return.

Suffice it to say that the improvement in new unemployment claims strikes me as a legitimately hopeful development, but there is too much short - term noise, and inconsistency with other economic evidence (reliable leading indicators, falling tax withholdings) to draw a convincing signal.

Amounts Not Received as an Annuity, Amounts Received as an Annuity: Fixed Annuities, Annuity Rules: Variable Annuities, Charitable Gift Annuity, Death, Disposition, Divorce, Estate Tax, Gifts and Charitable Gifts, In General, Loss, Private Annuity, Structured Settlements, Taxation, Withholding

Some folks don't believe in defense spending and war as government - mandated programs either — and in protest have withheld tax money owed to the IRS — and I don't recall them winning their cases.

As part of the tax increments, government proposed a 1 % withholding tax on profits of savings, treasury bills, mutual funds, and other investments.

The Treasury Department updated its rules for tax withholding from paychecks, changing calculations so most workers will start getting more take - home pay in February as a result of the recently passed tax law.

The presidential panel, in its report, recommended that DYI Global Services Limited and Doiyatec Comms Limited should jointly pay N2, 260,925,479 as withholding tax.

E.L. Hussaini Boyi, to account for N35, 000,000 paid by Suncraft International Ltd and Singapore Kinetics Technologies Ltd as withholding tax on a contract for the retrofitting of MK1 fast patrol crafts and procurement of 50 Scorpion fast patrol crafts respectively.

The panel recommended that TS - Y International Limited should pay N27, 452,970 as withholding tax on a contract for the procurement of spare parts for artillery guns between November 2008 and December 2009 at the cost of N549, 059,400.00

«Withholding taxes and taxes on revenue such as equalisation levies are blunt instruments that are likely to give rise to double taxation and may risk stifling innovation as taxes may become payable before profits are made.»

The input taxes should include VAT withheld by the appointed VAT withholding agents with their VAT withholding certificates issued to them as supporting evidence».

«The N84bn generated by LIRS excludes revenue from Land Use Charge; it is from strict application of taxes from Pay As You Earn (PAYE), withholding taxes, direct assessment and other taxes.

As a result of the split - time arrangement, the 2009 returns also show Cuomo paid $ 6,495 in New York City income taxes, though only $ 1,256 appeared to be withheld from his pay.

If you have a single jurisdiction that can control the entire corporate tax system, one of the easiest and most common ways to integrate corporate and individual level income taxes is to impose taxes on corporate profits at the corporate level, but then to give recipients of dividends who are subject to domestic income taxes a credit equal to the percentage of income paid by the dividend paying corporation, treating the corporate income tax as a withholding tax that becomes final when dividends are distributed to foreign taxpayers who don't pay domestic income taxes.

Sinatra told The News last week that his failure to pay the taxes stems not from any financial difficulties but from a business decision to withhold the money as his companies challenged property assessments.