Companies incur taxes if they carve out more than 20 percent of a company.

The reason is that investors generally incur taxes when they use their options to buy stock.

For example the income from the Testamentary trust, if $10,000, might have no tax incurred.

He would also be entitled to take enough from the additional profits to pay any extra taxes incurred.

Investors may be forced to sell stocks to pay capital gains taxes incurred last year.

Such a structure would let Vivendi avoid incurring heavy taxes in the deal.

To take profits, however, means incurring taxes and having to re-invest at the lower current rates.

When this happens you should treat the whole of the tax incurred on management services as input tax.

His proposal increased to $60 from $21 the amount employers could spend for their workers' mass transit passes without the workers incurring taxes.

But I don't want to incur greater taxes when I sell.