This means they can reduce their exposure to the double tax on dividends and postpone indefinitely taxes on capital gains.
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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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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.
They want to nearly double the tax increase and make it permanent.
The assumption is that Med devices effective tax rate is approx 20%, if it were raised to 35%, it would nearly double the tax.
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 measure would double tax U.S.-based multinationals on income earned abroad.
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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.
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.
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.
Given that the combined impact of the employer contributions and the tax relief is to double your money (you pay in 4%, you get 8% of your pensionable earnings put into your pot), you will struggle to match this deal anywhere else.
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.
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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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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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%.
The most damaging was a move by the government at the start of 2009 to double the rate of value-added tax on pay-TV to 20%.
Because the threshold for couples is less than double that for singles, the tax imposes a marriage penalty on couples with two high earners but gives a bonus to those with a high earner and a low- or non-earner.
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Libertarians and conservatives, by contrast, explain that expatriation is the result of an onerous tax system that imposes high tax rates and requires the double taxation of foreign-source income.
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The real truth of the matter is that any system of taxation which subjects the same income stream to the tax regimes of two countries is double taxation.
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For nearly three years Republicans have accused Democrats of double counting the new Medicare tax.
He wants to double the capital-export tax to 2%, and to increase corporate taxes.
Some of Devon's second home owners should pay double the amount of council tax, it has been claimed.
Done correctly, the flat tax eliminates all double taxation of saving and investment.
Gingrich proposes as well to end permanently the death tax and its double taxation of the lifetime savings of Americans.
The corporate rate would drop and the petrol tax would almost double.
In theory, the tax break avoids double taxation on corporate profits filed in other countries, but the trouble with that is that a portion of those profits are bing booked in tax havens that have no income tax.
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.
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