Sentence examples for layer of tax from inspiring English sources

But under Subchapter S of the tax code, corporations can elect to be taxed on a pass-through basis, avoiding one layer of tax.

The purest option is to abolish corporate tax entirely and instead have one layer of tax levied on the income individuals receive from investments in firms.

And while the White House rebuked Mr. O'Neill for his apostasy, President Bush himself is said to have misgivings about adding a huge new layer of tax cuts to those already enacted.

Dennis Hof, owner of the Moonlite Bunny Ranch in Mound House, said his brothel was the "highest private taxpayer in Lyon County" and questioned why anyone would "consider another layer of tax on me.

"It's not about evasion but about avoiding an extra, gratuitous layer of tax," says John Collis of Conyers Dill & Pearman, a Bermuda law firm.Such structures offer legal neutrality too.

The partnership tax rules were originally created for small business, so a small number of individuals could work in a business together and mix together labor and capital without having to pay an extra layer of tax.

Based on this logic, I propose an additional layer of taxes on newspaper editors.

That, in turn, encourages companies to merge to avoid paying multiple layers of tax — whether or not that makes any business sense.

Cyprus's tax treaty with Russia makes it a favourite for companies investing in that country.A third involves companies setting up in OFCs that are "tax neutral"—that is, the main attraction is avoiding extra layers of tax rather than avoiding tax bills.

To the extent that an entity merely passes along royalties from a productive well or steady income from a pipeline, imposing an extra layer of corporate tax makes little sense.

You'll also benefit from another layer of offshore tax breaks.