Sentence examples for legitimate profits from inspiring English sources

Private equity advocates argue that the bill still casts too wide a net, and that some legitimate profits from business sales would end up classified as ordinary income.

Money laundering is generally defined as the practice of taking illegally obtained gains and passing them through a series of bank transactions so they appear as legitimate profits.

He claims to be the victim of political infighting in Moscow with factions wanting to deprive him of his "legitimate profits".

In an e-mail written on Jan . 13 he observed that many long-term clients made more in legitimate profits from him in the years before the fraud than they could have elsewhere.

… The reality is that for thirty some years I was successful earning substantial legitimate profits for everyone.

It was impassioned: "Our merchants should not be robbed of their legitimate profits … public revenues should not be seriously impaired by dishonest smuggling, and … the commerce of our cities should not be supplanted by mercantile establishments of foreign countries".

This will in turn allow them to make a legitimate profit and to pursue growth and competitiveness.

John Catsimatidis: I would say between the cost of producing it and the oil companies a legitimate profit.

In his appeal Beal argues his Chinese debt deal wasn't a DAD shelter at all, but a legitimate, profit-motivated investment, and that the outsized tax benefits should be allowed.

The losses being improperly claimed include so-called "hobby losses," in which a taxpayer tries to deduct the expenses of some side activity he participates in for fun and without a legitimate profit motive.

However, the organisation must be a 501(charityriny – in other words a registered and legitimate non-profit.