Sentence examples for taxable activity from inspiring English sources

Many charities run their otherwise taxable activity through a wholly owned trading subsidiary.

The renewal will probably cost the Treasury about $12 billion, although the wind industry insists that it will generate so much taxable activity that total tax revenue, including those at the state and local level, will exceed the tax expenditure.

Long-term renewal would probably cost the Treasury around $12 billion over 10 years, although the wind industry insists that it will generate so much taxable activity that total tax revenues, including those at the state and local level, will exceed the tax expenditure.

A single-member LLC by default is taxed as a partnership, but if there is only one member, then partnership taxation is unavailable and instead the LLC is taxed as a "disregarded entity", i.e., a great big tax nothing, and all of its taxable activity flows through to the tax return of its owner.

A new generation of cyber-corporations have been able to tell the taxman they do not carry out taxable activities in territories from which they generate billions of pounds in sales.

To counter this, they are urging governments to agree new global rules requiring companies to publicly report taxable activities in every country in which they operate, and ensure all territories publicly disclose information about the real owners of companies and trusts.

However, a single-member LLC can always "check the box" to be taxed as a corporation, and thereby report its own taxable activities on its own tax return, just like any other company.

Saadi objected to the Magistrate's recommendation before the U.S. District Judge on the grounds that it was "speculation" whether Maroun was anything other than the sole member of MILLC, based on evidence that Maroun reported all of MILLC's taxable activities on his own return and never listed any other members, used MILLC's bank account for personal expenses, and lived in MILLC's condominium.

In addition, the millionaires will engage in fewer taxable activities, and the projected revenue that Gov. Jerry Brown hopes for will come up short.

If they are engaged in VAT-taxable activities that exceed HMRC's compulsory VAT registration threshold (currently £68,000 turnover over a 12-month period) then they have to register for VAT, and charge VAT where appropriate.

Economies of scale allow consumers to spend, save, and invest more of their money, which leads to more (taxable) economic activity that benefits everyone.