Then the U.S. would have a double tax on both debt and equity.
This means they can reduce their exposure to the double tax on dividends and postpone indefinitely taxes on capital gains.
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Folks with trusts, and that includes widows and the disabled, not just the ultra-wealthy, have been hit with a double tax whammy this year.
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The measure would double tax U.S.-based multinationals on income earned abroad.
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The 15% levy on capital gains and dividends to individuals is thus a double tax that takes the overall rate on that corporate income closer to 45%.
Thus, applying CVD duties and antidumping duties against imports from NME countries double counts the amount of the subsidy and results in a double tax on imports.
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Specifically, two misguided tax proposals would increase oil and gas tax burdens in the states and double-tax the profits they earn overseas.
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His budget projects that federal income tax revenues will double by 2020, federal corporate tax revenues will double by 2017, and federal payroll taxes will double by 2022.
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The assumption is that Med devices effective tax rate is approx 20%, if it were raised to 35%, it would nearly double the tax.
The irony: C corps try to reduce the double-tax hit by claiming more in compensation, while S corps have the opposite incentive.
By law, REITs are required to pay out at least 90% of income as dividends, eliminating the double-tax effect on dividends.
So, at least so far, the net effect of his renunciation has been to double his tax bill, not reduce it.
Chuck Schumer and Bob Casey introduced a bill to double that tax to 30% for anyone leaving the U.S. for tax reasons.
They want to nearly double the tax increase and make it permanent.
He had lost public support over the move to double sales tax, although many analysts say it was necessary to tackle the country's massive debt.
There is a competing House bill which would double the tax credit -- and therefore, the cost -- of the bill, but which would also apply to hedge funds and the like.
The strengthening yen was a factor, making local products less attractive to foreign buyers, but investors were also riled after a parliamentary select committee approved a bill to double consumption tax by 2015.
As a result, same-sex couples could pay as much as double the payroll tax that finances Social Security that an opposite-sex couple would pay.
The overhaul--separate from the AMT fix--would increase standard deductions, double earned income tax credits for some and lower the top corporate marginal tax rate from 35% to 30.5%.
However, verification of the FAFSA may include double-checking official tax information with the Internal Revenue Service.
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The tax will double over the next three years and may add to concerns about weak Asian demand.
Moore and her union fought to overturn the reforms that had finally ended a decade of double-digit property tax increases.
But what Obama is proposing would actually double the capital gains tax rate to 30%, leaving America with the third highest capital gains rate in the developed world.
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With the fiscal cliff and its double whammy of expiring tax breaks and spending cuts, this has to go down as one of the strangest year-ends on record.
Finally, when you are able to double your money, tax free, in municipal bonds in eight or nine years, why should you reach for rabbit breeding, diamonds and risky startup stocks?
Thus any additional tax is double taxation.
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From setting up central offices in low tax havens such as Nevada, Luxembourg and the British Virgin Islands, to its use of a complex tax structure known as "The Double Irish, " Apple has relentlessly exploited legal tax loopholes.
Double taxation is a special tax penalty, which is the opposite of a special tax break.
For nearly three years Republicans have accused Democrats of double counting the new Medicare tax.
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