Individual income taxes as well as corporate taxes are now far more rooted in the shifting sands of volatile business income and capital profits rather than in the terra firma of wage income that stabilizes payroll taxes.
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Returns to labor are called salaries and wages, returns to land are rents, and returns to capital are profits.
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Such deals are able to attract capital because profits are only taxed once when the dividends are distributed, and not at the corporate level.
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Dubai's attractions are many: In addition to glitzy shopping malls, it boasts so-called "free zones, " which allow for 100% foreign ownership, 100% repatriation of capital and profits, exemption from corporate tax and no import duties.
According to Tim Bond, of Barclays Capital, business profits rose (marginally) in real terms during the 1970s in both America and Britain.
Self-assessment involves completing a tax return in order to tell the HMRC about income and capital gains - profits on the sale of certain assets - or to claim tax allowances or reliefs against your tax bill.
High taxes on capital, such as on capital gains, inheritance, corporate profits, interest and dividends, also consume available capital and discourage capital creation.
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Whatever the lawsuit's merit, it will erode banks' profits and capital and their capacity to lend.
Last year America's corporate sector suffered its deepest recession since the 1930s, with a massive plunge in profits and capital spending.
Banks will also struggle to generate the capital they need from profits.
Once the euphoria after the first of the year wears off, January will see a sell off where people take profits on capital gains.
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The U.S. Person owns, directly or indirectly, more than 50% of a corporation (vote or value), partnership (profits or capital) or other entity that owns the foreign financial account.
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According to George Overholser of Non-Profit Finance Fund Capital Partners, who helped to raise the money, this is only the first of many private placements of donor capital for non-profits.
Low tax rates on income, profits and capital gains foster more risk- taking and higher growth, bringing about a richer economy with a higher standard of living--along with higher government revenues.
To prove its determination to get Saadiyat off the ground, it has declared that companies opening offices there will never pay any tax, can repatriate all their profits and capital, can import labour freely and need not take any local partners.
The NYSE Big StartUp partners with two other non-profits to provide capital and networking resources.
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The remainder is often corporations that use their after-tax profits to make capital expenditures.
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Overall, capital markets pre-tax profits are seen dropping 40% from the first quarter.
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Hedge fund performance fees can be 15 to 20 percent of profits and venture capital funds are often 30 percent.
Qualcomm shares should be driven higher by better-than-expected profits, BMO Capital analyst Tim Long asserts in a research note this morning.
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For that fund, Goldman is charging a fee of 1.5% of invested capital and 20% of profits exceeding 8%, he said.
Just as the limited partners are taxed at capital gains rates on their profits so should the managers be taxed at the same rates.
That way, when you finally cash them in, you'll pay relatively low long-term capital gains taxes on your profits, instead of ordinary income taxes.
The oversupply dries up profits, so capital spending is shut off until profitability returns, which also takes about two years as demand catches up to production capacity.
Because many of the biggest companies have also reduced their debt loads sharply over the past few years, they feel comfortable funnelling those profits into fresh capital spending.
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The ramp up in profits from GE Capital paired with the corporate intention of shrinking its finance operations compounds the difficulty in assessing a fair price for GE shares.
"Those kinds of concerns tend to drive customers away" because there is the perception the bank will be less committed to use its capital to support deals if profits are weaker.
The difference is that, absent government bailouts and crony protections of favored businesses, private markets exercise a discipline and accountability that eventually shift market share, revenues, profits, and capital to better enterprises.
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The performance of individual financial institutions was judged by their profits, their capital cushions and their risk-management systems, which were supposedly becoming ever more sophisticated but failed to detect the approaching systemic collapse.
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