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How To Use Taxable In A Sentence

  • Alimony (also called spousal support) is tax deductible to the payor and taxable income to the payee. How To Make Divorce Less Taxing
  • Net interest margin, on a fully taxable equivalent ( "FTE") basis, was 3. 96\% in 2008, an increase of 52 basis points from 3. 44\% in 2007. GuruFocus Updates
  • Both the cash interest and the vouchers are taxable, but all the tax will be deducted from the cash interest paid. Times, Sunday Times
  • His taxable pay for 2007-08 included a substantial relocation package, including stamp duty on a new home. Times, Sunday Times
  • The second question was whether taxable persons in the circumstances of the applicants could be made liable for VAT. Times, Sunday Times
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  • Since the loan is for $10,000, it is our understanding that the foregone interest would not represent taxable income to him. Christianity Today
  • The initiative comes after two HMRC amnesties have failed to entice many wealthy taxpayers with offshore accounts to declare their taxable income. Treasury to get £1bn windfall in Swiss deal over secret bank accounts
  • Taxable consumer goods produced by the taxpayer shall be subject to tax upon sales.
  • The government should address this unfairness by allowing care home fees to be set against taxable income. Times, Sunday Times
  • Once all the deductions have been made, the net amount is called your taxable estate.
  • Under current law, corporations can deduct charitable contributions only up to 10% of taxable income. Christianity Today
  • The company's payments of interest are regarded as a cost and are deducted from taxable income. Principles of Corporate Finance
  • Taxpayer: what do you mean by the taxable services?
  • It converts its German distributor to a stripped-risk intermediary called a commissionaire to limit what would otherwise be sales margins taxable in Germany. Transfer Pricing As Tax Avoidance
  • They say brokers, trying to make up lost income from stock trading, may be exploiting the low yields on taxable Treasury bonds to sneak through higher charges on munis, which are exempt from most income taxes.
  • The official added that these workless households could still claim £26,000 a year, the equivalent of £35,000 in taxable income. Benefit cuts 'will force thousands into suburbs'
  • the funds of nonprofit organizations are nontaxable
  • Fully taxable-equivalent ( "FTE") net interest income totaled The Earth Times Online Newspaper
  • Your children must pay gift tax on taxable gifts and inheritance tax on taxable inheritances (spouses do not pay this tax).
  • The first of these follows the effect of high tax rates on the incentive to generate taxable income or to shelter income by legitimate means - tax avoidance.
  • Regulations require you to make qualified-plan loan repayments in level amortized amounts at least on a quarterly basis; otherwise, the loan could be treated as a reportable and taxable transaction.
  • The tax payable for Resource Tax shall be computed in accordance with the assessable volume of the taxable products and the prescribed unit tax amount.
  • Hong Kong adopts a territorial source principle of taxation. Only profits which have a source in Hong Kong are taxable here. Profits sourced elsewhere are not subject to Hong Kong Profits Tax.
  • Taxable household income was strongly related to educational attainment.
  • Interest payments are deductable from a corporations taxable income therefore the double taxation problem is resolved. Consumption Tax?, Arnold Kling | EconLog | Library of Economics and Liberty
  • The Tribunal also held that the interest amount referable to mesne profits is not taxable.
  • Experts also warn against making interest-free loans, which can prompt tax snarls such as the IRS calling the forgone interest a taxable gift. How Low Rates Can Cut Your Tax Bill
  • Rather than the Bush administration's proposal to make out-of-pocket expenses deductible via expanded medical savings accounts, I favor removing the excludability of health-insurance premiums from taxable income. Samwick, Thoma, and Pearlstein on Health Care Policy, Arnold Kling | EconLog | Library of Economics and Liberty
  • Thus, $ 75, 000 of taxable income would be taxed more highly to an individual than to a corporation.
  • Taxpayer: Is the rental income taxable for personal income tax?
  • The measures included introducing a zero tax rate for reinvested profit, reducing income tax rates and raising the non-taxable minimum by 10 per cent.
  • This division is treated as a non-taxable transaction, which could be a transfer or rollover, depending on the financial institution.
  • Failure to meet these requirements could result in the loan being deemed a taxable transaction.
  • Where payments exceed these limits they become fully taxable.
  • 30% is charged on the first part of your taxable income.
  • The general principle of tax law that income from an individual member's property thrown into the family hotchpot is taxable as the income of the joint family, is superseded by section 64.
  • Also, why is it less evangelically legitimate for you to count your church contribution as untaxable income than for the church itself to be untaxable? Obama Releases His 2000-2006 Tax Returns, Demands Hillary Release Hers
  • Some people are very good at reducing their actual income to a low taxable income.
  • However, a special gratuity paid to a driver, for example at Christmas, may not be taxable.
  • In 1761 Governor Dobbs, writing to the home government on the condition of the colony, reported that there were not 12,000 negro taxables in its borders, and he added that the increase in the entire population came mostly from births, since but few people had come in since the French and Indian War. 6 Slavery and Servitude in the Colony of North Carolina
  • The portion allocable to the employee's personal use is generally taxable to the employee as a fringe benefit.
  • Bill C - 325, introduced by Canadian Alliance MP Rick Casson, was defeated by a Liberal majority disallowing volunteer emergency workers to deduct $3,000 from their taxable income.
  • We don't allow people like him to play such a role and to hide their money in offshore untaxable accounts. The best path to peace | Savitri Hensman
  • Taxable investors might consider a geographically diversified, high quality municipal bond laddered portfolio. The Way To Get Back Into The Market When You're Gun Shy
  • This is particularly the case if they will be on low untaxable retirement incomes.
  • It supports the Internal Revenue Service, which has claimed in court that damage awards for non-physical injuries should be taxable.
  • The Inland Revenue head office tells me that all taxable income that must be declared on your tax return counts towards the limit.
  • MONTPELIER - The value of taxable property in Montpelier rose 55 percent as a result of the reappraisal that took place during the last year. TimesArgus.com: Barre/Montpelier Region
  • Hard drives and recording devices such as CD-R units have not been included in the list of taxable media, but they are likely to be included at some point in the future.
  • Net interest income on a fully-taxable equivalent basis ( "FTE") totaled $58.9 million in the fourth quarter 2009, compared to $61.6 million in the third quarter 2009, and $49.9 million in the fourth quarter 2008. StreetInsider.com News Articles
  • For example, a payment made in lieu of notice or for holiday that has not been taken is normally fully taxable. Times, Sunday Times
  • I understand the idea of investment and how you have to outlay money to make money, however without a taxable wage as writer, a course such as this is beyond my reach (and my ‘patron-of-the-arts’ partner) and would not be claimable back as a tax deduction for professional upskilling. An expensive hobby « Write Anything
  • On the other hand, there is no tax on fellowships and scholarships if the craftsperson is studying for a degree at an educational institution including tuition, lodging, equipment and travel expenses, nor is an award taxable if it comes from a governmental agency or school. Daniel Grant: A Word About Taxes
  • With income taxes being so high, corporations have an incentive to provide untaxable benefits to their employees rather than taxable wages. Crisis of abundance, Arnold Kling | EconLog | Library of Economics and Liberty
  • It is likely that the IRS may find issues of concern in the area of taxable fringe benefits, particularly automobile allowances and relocation expenses.
  • The amount of the annuity that will be taxable will depend mainly on her age when she buys the annuity.
  • Rental income in France is taxable, but can be substantially sheltered by the cost of borrowing.
  • Taxpayer should prepay the actual payable tax amount based on calculation of confirmed taxable income rate.
  • The taxable income paid to an unspecified officer in 2007-08 was more than 50,000 higher than the salary set in national pay negotiations. Times, Sunday Times
  • Certain other expenses also may be deducted from taxable income, or one may elect to use the "standard deduction.
  • Employer contributions to HSAs are a tax-deductible health and welfare expense, generating no taxable income to employees — as long as the discrimination guidelines aren't violated. — Tax help today: If you can't pay by deadline and other last-minute tax questions
  • Any interest paid is taxable income. Times, Sunday Times
  • This includes anyone from the self-employed to those earning extra taxable income on top of their wage as an employee. Times, Sunday Times
  • Effective tax planning, aimed at the maximum profit after tax, requires that the planner takes account of all the parties of the transaction, hidden taxes and non-taxable cost.
  • This seems in any case to be what Au did in singling out as the report's "key point" a finding that arguably equates virtual property with deck chairs on a cruise ship -- each one "owned" perhaps by a particular passenger for the duration of the cruise but only in the most provisional and ultimately untaxable of ways. January 2009
  • I continued this attention to the care of the blacks of my parish, who amounted to upwards of a thousand taxables, all the time I remained in St. Mary's. A History of Caroline County, Virginia
  • For tax purposes, the value of undistributed profit would be added to the price you paid for the stock and leave you with a smaller taxable gain when you sell.
  • Where an investor purchases Spanish property, for example, and does not generate rental income from it, the tax authorities will deem the investor to have received a taxable notional rent.
  • Especially since health savings accounts are currently untaxable. Mass Delusion on Health Care, Arnold Kling | EconLog | Library of Economics and Liberty
  • Some communities have developed innovative ways to reduce the tax burden on taxable incubator facilities.
  • Then we can have somone who actually screens the welfare systems so the people who need the SHORT TERM assistance gets it and not the illegal $ makers who have no taxable income. News - chicagotribune.com
  • Moyle earned $250,000 in salary and taxable benefits in 2008. 2009 December 11 « Mike Cluett's Milton Blog
  • Salary sacrifice schemes allow staff to reduce taxable income by paying their companies for other benefits. Times, Sunday Times
  • In between his comparison shopping, he would arrange the cart, putting all the taxables in one corner, the dairy products in another, and surrounding the eggs by a wall of toilet tissue. The Ties That Bind...And Gag!
  • For the moment, it is possible to form what's called a zeroed-out GRAT, in which the remainder is theoretically worth nothing so that there is no taxable gift. Five Ways To Freeze Out Uncle Sam
  • A taxable dealer is a person whose principal activity is reselling natural gas or electricity.
  • Taxable funds mainly invest in U.S. Treasury securities, government agency securities, repurchase agreements, CDs, commercial paper and bankers' acceptances.
  • As in most American taxing jurisdictions, the assessor first appraises the separate market value of land and buildings for each taxable parcel.
  • Both the cash interest and the vouchers are taxable, but all the tax will be deducted from the cash interest paid. Times, Sunday Times
  • Those affected can continue to receive the payment but will have to fill in a tax form and declare it as taxable income. Times, Sunday Times
  • More than $50,000 in net taxable income is subject to an additional 3.35% surtax.
  • In 1754 it had only 54 black, against 1116 white, taxables. 2 Slavery and Servitude in the Colony of North Carolina
  • Besides this, employees receive an additional taxable transfer allowance of £526 paid in three instalments over 16 months.
  • A payment made to an employee on the termination of his employment is fully taxable unless it is compensation for a change in the functions or emoluments, or for the total loss of the employment.
  • As his name does not appear among the Wilmington taxables in 1755 or among those with houses in Wilmington in 1756, it is likely that he did not marry much before 1760, which would put his birth date at least as far back as 1740. Journal of a Lady of Quality; Being the Narrative of a Journey from Scotland to the West Indies, North Carolina, and Portugal, in the Years 1774 to 1776
  • If the employee incurs the expense directly and reclaims it from the employer, it is taxable as the employer is paying for a personal expense of the employee.
  • This includes anyone from the self-employed to those earning extra taxable income on top of their wage as an employee. Times, Sunday Times
  • The tax was intended to be neutral in its impact on taxable persons. Times, Sunday Times
  • If the taxpayer fails to do so or sells taxable consumption goods of different consumption tax rates as a complete set, the tax rate of the goods whose rate is higher shall be applied.
  • The truth is that 100% of the complexity inheres in the definition of taxable income, which takes up millions of words in the tax laws. The Folly of the Flat Tax
  • When a company borrows money, it can deduct interest payments from its taxable income. Principles of Corporate Finance
  • What percentage of his income is taxable?
  • Before that law took effect, if a bank took, say, a $200,000 hit on a foreclosed home and "forgave" the debt, that forgiveness would be counted as taxable income for the former homeowner. Learning To Walk: Fear, Shame And Your Underwater Mortgage
  • In this news release, the Company presents net interest income and net interest margin on a fully taxable-equivalent ("FTE") basis, and ratios on an annualized basis. SunTrust Reports Third Quarter Results - Yahoo! Finance
  • Despite a triple-A rating and taxation powers, Utah recently paid 0.75 percentage point over Treasurys to borrow about $100 million in taxable Build America bonds for 10 years. Jumping Into Munis Requires a Leap of Faith
  • Your taxable lump sum is taxed at your marginal rate of tax, either 20 per cent or 42 per cent.
  • The carrying on of a trade may be contrasted with the sale of a capital asset ie the realisation of an investment which is generally not taxable.
  • 30% is charged on the first part of your taxable income.
  • The rule is that realty is taxed both in the state where it is located (unless it is in one of the few states that doesn't have a state income tax) and also is taxable to the state of one's residence.
  • The term therefore does not permit the clear distinction between taxable and exempt transactions to be blurred on the basis of considerations which are outside the system.
  • And you stay there in the middle , talking mumbo-jumbo , doing this sort of unregulated business , and making untaxable profits providing the " offshore " environment for all kind of things , including covered gambling. Calling in the FBI
  • The typical profit-sharing plan - taxable bonuses doled out each profitable quarter - seemed shortsighted.
  • Fully taxable-equivalent "FTE" net interest income totaled MidSouth Bancorp, Inc. Reports Fourth Quarter 2010 Results - Yahoo! Finance
  • taxable income
  • Supported a proposal that would exclude from an employee's taxable income the value of computers, software, and other equipment provided for teleworking.
  • But you can reimburse only costs truly incurred; anything above that would be taxable as income. Times, Sunday Times
  • Any rent received from the property is fully taxable in Ireland, even if you do not remit the rent to Ireland.
  • Fifteen percent will be charged on your taxable income.
  • Therefore, it allowed the company to deduct a portion of the original issue discount from taxable income. Principles of Corporate Finance
  • This year's taxable activity is one at which we excel - working and paying wages.
  • Therefore, it allowed the company to deduct a portion of the original issue discount from taxable income. Principles of Corporate Finance
  • Where the taxable value of the taxable consumer goods of the taxpayer is obviously low and without proper justification, the taxable value shall be determined by the competent tax authorities.
  • How about this for a simple tax (no idea if percentages work, just a rough idea, and while they seem low remmeber no deductions at all, for example I made $97K last year but thanks to deductions only had $55K in taxable income), all income is equal capital gains vs salary vs inheritamce you name it: Matthew Yglesias » Tax Simplification and the Flat Tax
  • Since withdrawals from such plans are fully taxed, you might wind up converting tax-free dividends into taxable income.
  • But those numbers assume no dramatic change in the increasing ability of seniors to retire later and otherwise continue to earn income that is taxable.
  • The point of special tax accounts is to minimize current taxable income. Principles of Corporate Finance
  • For instance, stock options for employees are nontaxable. The Scientist
  • So the column's author mocks the apparent paranoia of gun owners who (rightfully) don't want the government to classify gun ownership as an (assumably) taxable "unhealthy" lifestyle. Guns = "Unhealthy" Lifestyle?
  • The donation is tax-deductible, and you may be able to deduct the loss from your investments in other taxable income.
  • Taxable sales in the county increased 40%.
  • Income earned from rentals is taxable, and the tax rate is based on the residency of the owner.
  • We're actually getting higher returns on the tax-exempts than on taxables," Mr. Rentschler said. California Keeps Funds Flowing
  • An individual can obtain relief on an annual investment of up to €31,750 by way of offset against taxable income.
  • Where payments exceed these limits they become fully taxable.
  • In addition, there is considerable variations between countries according to what expenditures are deductible in determining taxable income and the amount of deductions. International Finance: The markets and financial management of multinational business.
  • Those benefits will form part of taxable pay at the same value as the salary given up. Times, Sunday Times
  • Virtual currency miners will report their earnings as taxable income, and will be subject to payroll taxes if they mine as part of a business.
  • The amount of the annuity that will be taxable will depend mainly on her age when she buys the annuity.
  • Until well into the second quarter of the nineteenth century it was the usual thing in North Carolina to speak of a free negro as a "free person of color." had moved into the province, henceforth all free negroes, mulattoes, and persons of mixed blood to the third generation, male or female, of twenty years of age or more, should pay the same levies as other taxables. 5 Slavery and Servitude in the Colony of North Carolina
  • The public facilities authority raises capital by issuing taxable bonds to investors, whose money pays to renovate the stadium.
  • The company's payments of interest are regarded as a cost and are deducted from taxable income. Principles of Corporate Finance
  • Fashion retailer Next was on everybody's buy list as it boosted taxable profits threefold.
  • Instead, increase your emergency funds in taxable accounts and open a Roth IRA. Deadlines Loom For Tax-Saving Accounts
  • The first €3,000 of the taxable value of a taxable gift taken by a donee from any one disponer in a calendar year is exempt from tax.
  • Taxable supplies mean the value of all taxable supplies including zero-rated supplies.
  • The tax-free bonds also are backed by the state ' s full faith and credit and are rated the same as the taxables. California Begins Last Leg of Bond Sale
  • Well, we tax only property; if a nonworker acquires taxable property, he has to go to work to earn the taxes. Ministry of Disturbance
  • The customs shall classify taxable personal articles according to the "Classification Table" and determine applicable rates.
  • It's important to calculate how a conversion will affect your taxable income.
  • Farmers forced to sell or dispose of stock due to the dry seasonal conditions may be able to spread or defer their taxable income.
  • This is a product paying you a taxable income each year until you die. The Sun
  • A supercenter is a big-box retailer with more than 90,000 square feet and more than 10 percent of floor space dedicated to nontaxable items, such as groceries and prescription drugs. Fore, right!
  • The taxpayer should turn tax over to the State Treasury , and file return with the local tax authorities within 30 days after the end of the taxable year.
  • The reason is that your state pension is taxable, but it is paid gross before tax is deducted.
  • In 1767 there were in the sixteen counties which we may call eastern, that is to say those that were not settled by people who came the western route, 10,238 white, as against 12,307 black, taxables. Slavery and Servitude in the Colony of North Carolina
  • Germans have for years been hiding taxable income in the neighbouring country's banks. The Sun
  • amalgamations," although such deals could be considered taxable transactions in the U.S. Permalink CFO.com: Today in Finance
  • The cardinal rule is: only register if your taxable income is less than your tax allowances.
  • If you're settling an employment suit, there might be some wages (with withholding of taxes and reported on a Form W-2); some nonwage emotional distress damages (taxable, but not wages, so reported on a Form 1099); some reimbursed business expenses (usually nontaxable, unless the employee had deducted them); some pension or fringe benefit payments (usually nontaxable); and so on. 10 Things To Know About Taxes On Damages
  • The major difference between regular income tax and the AMT system is the specifics used in calculating the net amount of taxable income.
  • So they either sit unable to contribute their expertise, or find corrupt ways to earn untraceable and therefore untaxable income. Vanessa Andris: Courting Disaster: Eight Addictions Preventing Greece's Economic Recovery
  • When a company borrows money, it can deduct interest payments from its taxable income. Principles of Corporate Finance
  • The prize money or the monetary value of an award the cash value of a gift certificate, for instance that a craftsperson receives at a show is taxable at normal state and federal rates. Daniel Grant: A Word About Taxes
  • The Circular specifies the method for apportionment of taxable income among partners of partnerships.
  • Net interest margin, on a fully taxable equivalent ( "FTE") basis, was 4. 73\% in the first quarter of 2009, an increase of 104 basis points from 3. 69\% in the first quarter of 2008. Undefined
  • In addition, so-called reportable transactions -- deals that have some hallmark of potentially being an abusive tax shelter -- lowered U.S. companies 'taxable income by $30.6 billion during 2005, the data show. Tax Data Highlight Corporate Loopholes
  • 30% is charged on the first part of your taxable income.
  • A dollar put into a 401K, for a taxpayer at the top bracket, will have to eventually, somehow, someway, generate $2.86 in taxable income to be a breakeven proposition for the Treasury (BTW, this is in Present Values, if you look into the future the taxable income generated would have to be much more to also account for the time value of money). Defending Social Security, Arnold Kling | EconLog | Library of Economics and Liberty
  • Buildings on Pine Creek still would be assessed and the township's fire millage, which is subject to change annually, would be applied to the taxable value. Battlecreekenquirer.com -
  • Sole proprietorships are audited more than any other taxable entity.
  • Profits earned by sole proprietors and partners are taxable as ordinary income to the proprietor or partner.
  • The U.S. Court of Federal Claims said the taxpayer in the case didn't have any taxable income on the sale of stock in a demutualization case and was entitled to a refund. IRS: No Change on Demutualization Stance
  • There may be severe credit risks in coming years by investors holding individual bonds, both taxable and tax free.
  • The report claims that legalizing marijuana would save the state $1 billion on law enforcement, generate an estimated $350 million in taxable revenue and make marijuana a $14 billion industry, nearly twice the size of California's dairy industry, the state's next biggest agriculture industry. Legal Minds Vote For Legalizing Pot
  • Has the supplier a taxable interest in the property and has he disposed of such an interest?
  • As a result of high unemployment, the government of Haiti is left with a largely untaxable population, which makes providing social services and developing infrastructure nearly impossible. Andrew MacCalla: Hope For Haiti's Future
  • However, Mr. Wyden's idea to renew Build America Bonds with what are known as taxable tax credits appears to reflect the general direction of federal policymakers. New Build America Bonds Proposal on Tap
  • The same amount put into a taxable savings account would be worth over 3,000 less. Times, Sunday Times
  • This was corrected and included within the remuneration report as taxable benefits in the prior year, grossed up for the tax payable. Times, Sunday Times
  • Up to $3,000 of investment losses can be used to reduce regular taxable income.
  • Company and its banking subsidiaries on a fully taxable-equivalent ("FTE") basis. Wintrust Financial Corporation Reports Third Quarter 2010 Net Income of $20.1 Million or $0.47 Per Diluted Common Share - Yahoo! Finance
  • Payment of these dues by the church becomes a taxable fringe benefit. Christianity Today
  • He still holds some ETFs in taxable brokerage accounts because selling them would result in capital gains. Adviser Says No to ETFs
  • Net capital gains are fully taxable.
  • Taxable amounts increase taxable income in the future while deductible amounts will decrease taxable income in the future.
  • In 1755, the year after his marriage, he was assessed in the Wilmington valuation of that year at £225 and his taxables were rated at ten. Journal of a Lady of Quality; Being the Narrative of a Journey from Scotland to the West Indies, North Carolina, and Portugal, in the Years 1774 to 1776
  • The funds of nonprofit organizations are nontaxable.
  • Profits earned by sole proprietors and partners are taxable as ordinary income to the proprietor or partner.
  • Canadians give 0.7 per cent of their taxable income to registered charities.
  • The income you gain from renting out residential property is taxable. Times, Sunday Times
  • taxable males as revealed by the nominal rolls
  • These days, a low-risk return of, say, 5% a year will give you a taxable income of £50,000 on a million smackers.
  • I say potentially because under designated conditions, many of these benefits are not taxable to your employees.
  • Employers must retain records in respect of each employee in receipt of taxable benefits.
  • These changes were a matter of fairness. An American in Peoria can't exclude any salary or housing costs from taxable income. Why should an American in Paris not face reasonable limits?
  • Therefore, they usually have the incentives to manipulate non-taxable earnings to avoid the tax obligation of earnings management.
  • Besides this, employees receive an additional taxable transfer allowance of £526 paid in three instalments over 16 months.
  • You can reduce your taxable income by giving money to charity. Times, Sunday Times
  • That election, known as ‘the option to tax’ has the consequence that the taxable person must charge VAT on any subsequent sale or letting of the property.
  • And most suburban districts do not have the same high taxable industrial base that the city enjoys.

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