Examples of Income tax collections in a sentence
Income tax collections within the EOZ are identified and shared based on the revenue sharing agreements for that area.
Income tax collections are processed by the Regional Income Tax Agency (RITA).
These bonds are retired through the use of state appropriations.[4] Section 9(c) bonds are issued to finance capital projects which, when completed, will generate revenue to repay the debt.[5] Individual and fiduciary Income tax collections were used for this calculation.[6] Population statistics used in this calculation are provided by the Department of Taxation.
Income tax collections net of collection expenses and refunds are first applied to District operating expenses in accordance with the District’s Budget, then to any long-term maintenance set aside, with any surplus to be paid to Hamilton and Fairfield Township according to contractual percentages.
Income tax collections are improving from healthy nominal wage growth and higher dividends/capital gains through 2017/2018 collections.
This steep decline cannot be fully explained by the economic decline in the West Bank and its causes are not fully understood.10 Income tax collections dropped by about 1 percent probably as a result of a slowdown in economic activity in the West Bank where the economy is thought to have contracted in Q1 2015 due to the liquidity squeeze brought about by the withholding of clearance revenues.
Due to the COVID-19 pandemic and unprecedented unemployment, budgeted Income tax collections are expected to decline approximately 10% year over year.
Income tax collections at the end of 2005 were 0.2% above the 2004 level.
Income tax collections have decreased such that the City’s collections are barely half the amount that they were in 2007.
Income tax collections for fiscal 2007 are budgeted at $271.4 million, a $3.6 million decrease from the amount budgeted budgeted for fiscal 2006 and a decrease of $2.1 million from estimated fiscal 2006 income tax receipts.