If someone you know died in 2010, the great estate tax timing everyone assumes they got may turn out not to be so great after all.
The company said in its IPO prospectus that the rate of smart-grid adoption has slowed due to the "timing and tax treatment" of U.S. government stimulus funding.
At the same time, however, it is almost impossible to contemplate large projects without debt, nor to smooth over the minor ups and downs of the economic cycle and the timing differences between tax receipts and spending demands.
It depends on the type of tax , the initial level of the rate before the change, the ability of the payer to influence the timing of realization of the tax and so on.
FORBES: The Fiscal Cliff: Why Sticking It To The Rich Will Hurt Everyone
But that's almost all a timing gimmick, accelerating tax collections without altering anybody's cumulative tax bill.
Surveys suggest that tax rules affect the size and timing of gifts, but not the initial decision to give, which depends largely on being moved by the cause or being asked directly to support it.
Contingent fees are generally OK in the case of amended tax returns too, although there are timing rules to observe.
FORBES: Can Lawyers or Accountants Do Your Taxes on Contingency?
While most tax professionals agree that changes needed to be made to the system to try and curtail abuse, the timing of the interim guidelines was criticized as those changes were made while tax returns were still being prepared.
FORBES: In Effort to Curb Immigration Related Fraud, IRS Changes ITIN Procedures
So the Yes Men and US Uncut not only benefitted from the timing of their stunt (just days before the Tax Day weekend) but the anti-corporate sentiment that had been stirring in certain precincts in the progressive community.
FORBES: The Method Activists: Why It's Hard to Say No to the Yes Men
Mr. Rubin said that while "obviously tax circumstances changed at the end of the year, " the timing of the deal had more to do with when the buyer and seller came together.
The timing is right, since, with extension, an estate tax return is due 15 months after date of death.
European governments large and small are imposing austerity measures (pay and pension cuts, cuts in government spending, tax increases, etc.) to tackle record budget deficits, the timing questionable when their economic recoveries are so fragile.
With superb timing more than a few billionaires died in 2010, and no estate tax was due for these whopping estates.
FORBES: Estate Planning Isn't Ghoulish And Can Save Millions This Year
But with lamentable timing, the Britons paired taxing pasties with a 50% to 45% tax cut for top income earners.
应用推荐