underlying tax

The underlying tax rate on continuing operations for 2009 is approximately 29%.

Given the agricultural nature of the region, the district's underlying tax base has grown a modest 0.7% over the last five years.

The underlying tax is still owed, it's just the timing that's affected.

The company said its underlying tax rate was 2 percent in the latest quarter, down from 21 percent a year ago.

Further support is provided through underlying tax points.

• Most of the remaining increase is attributable to the growth in the underlying tax base.

They are developed assuming that the underlying tax base would not be affected by removal of the measure.

Instead of freezing financing for our low-income, black and Hispanic students, the governor should tackle these underlying tax structure issues.

This should be reversed in future months, which would bring the results more in line with the growth in the underlying tax base.

Entities could be allowed a credit for 'underlying tax' for amounts derived from a foreign trust.

Under certain limited circumstances the tax debtor may challenge the underlying tax liability.

National Mutual believes that non-refundable franking credits should be allowed for foreign underlying taxes.

Once the petition is filed, payment of the underlying tax ordinarily is postponed until the case has been decided.

But it says audits "are based on the information contained on the tax return and the underlying tax law -- nothing else."

GST revenues were down slightly, reflecting weakness in the underlying tax base and higher refunds.

Statoil said in a statement: “Management considers this tax rate not to be reflective of the underlying tax exposure.”

Further tax optimization including some non-recurring benefits resulted in an underlying tax rate of 17 percent (2008: 19 percent).

Allowing a complete or partial franking credit for foreign underlying tax ("the franked foreign profits" approach).

For example, is the lowest 17-per-cent personal income tax rate in Canada a tax concession or is it part of the underlying tax structure?

Indeed, if the tax benefit is not tradeable, it may limit the attractiveness of the underlying tax measure and possibly conflict with its policy objective.

The intention in these circumstances is that, as far as possible, underlying tax and relevant profits should neither be counted twice, nor fall out of account.

The draft amendments generally correct or clarify the application of existing income tax provisions to ensure that underlying tax policy objectives are met.

Many of the underlying tax calculations will occur regardless of the due dates for payment of that tax to the Government.

Underlying tax manipulation as a stimulant or suppression of consumer spending is an equation for GDP.

The following brings together various questions International and the Underlying Tax Group have been asked on taxation of a group as a single entity.