Justice Marcus Smith ruled in the 2017 judgment that the £11m was not truly a salary, describing it as an "essentially gratuitous" payment to Owen Oyston.
In such instances, the amount of the credit received was essentially a payment of state taxes.
In other words, more and more of Etsy's revenue is coming from a combination of what are essentially ads, payment fees and logistics support.
The site defines excellent as essentially meaning no missed payments, no delinquencies on your credit report, spiffy clean.
The United States has proposed penalties in the form of larger subsequent cuts in greenhouse gases -- essentially payment with interest.
By reclassifying carried interest as, essentially, payment for services, New York is seeking to tax nonresident fund managers as if their carried interest is no different from any other kind of fee paid for work performed.
The U.S. team, led by Kerry and chief climate negotiator Todd Stern, struggled to fend off demands from small island states and other poorer countries for guaranteed "loss and damage" compensation, essentially payment for negative impacts of climate change.
As a result, it will not have to deduct what is essentially a back payment to Social Security from non-Social Security revenue in this year's budget, and the non-Social Security surplus will be $4.3 billion higher.
"The question is, does this check the state contribution box completely for helping the city out of its budget problems, or is this essentially a down payment on other assistance?" The Port Authority confirmed yesterday that it would be willing to provide more than $500 million in additional lease payments in exchange for a long-term extension of its lease to operate the airports.
And then there is the fact that most of the firm's investments were not in securities, where the dollar value of an investment is clear, but in commodities, where investors put up what is essentially a down payment on what a commodity will be worth on a future date.
Mark E. Haranzo, a partner at the law firm Withers Bergman, said he had suggested to clients with private companies that they use the cash as essentially a down payment on a loan to put all or part of their company into a trust for their children.
