Sentence examples for termination tax from inspiring English sources
The IRS has also warned in its rulings that if the donor is found to have shortchanged the charity, he could be liable for a "termination tax" requiring him to give back all the income tax benefits he originally received.
I think the termination of the tax credit won't be like turning off a spigot of first-time buyers but it will have a material impact.
The troubles of the American International Group are causing headaches for dozens of municipal transit authorities, which want the federal government to help them avoid multimillion-dollar early-termination fees for tax shelters linked to the troubled insurance giant.
A full withdrawal would be considered a plan termination, triggering the penalty tax.
Sponsored by Representatives Steve Largent (ROklahoma) and Bill Paxon (RNew York), the Tax Code Termination Act will scrap the entire federal income tax code (except for Medicare and Social Security) on Dec. 31, 2002.
The class politics of the Republican Party do not come much clearer than this: all four Republican presidential candidates opposing the termination of the Bush-era tax cuts that erode federal tax revenue while tolerating severe cuts in welfare programs on the expenditure side of the federal ledger.
Trade and industry were probably stimulated by the termination of the chrysargyron, a tax in gold paid by the urban classes.
Tax cuts, the termination of unemployment benefits for those refusing two valid job offers, later retirement, incentives for those working more than 35 hours, a slashing of the bureaucracy associated with job-seeking and improved professional training are among measures enacted or envisaged.
One of Mr. Ruble's lawyers, Jack Hoffinger, declined to comment on his client's termination or on his work with tax shelters.
Will termination fees get terminated?
The Menominee Enterprises, Inc., formed to care for the tribe's needs after termination, was unable to pay property taxes and began to consider selling off tribal property.
