Sentence examples for Special deduction from inspiring English sources

It also treats all employers equally instead of favoring profit-making firms with a special deduction that is of no value to nonprofit organizations, state and local governments, or firms that lose money.

The special deduction means the owner of a high-profit pass-through would pay an effective top rate of about 32percentt, well above what a traditional corporation would pay.

There are credits for home buyers, home improvers and parents of college kids and a special deduction for car purchases.

As part of his "compassionate conservative" agenda, President George W. Bush proposed giving the two-thirds of tax filers who don't itemize a special deduction for charitable contributions.

However, one of those lines probably will be recycled to report the special deduction for income from pass-through businesses such as sole proprietorships and partnerships.

Cash for clunkers is over, but you can still claim a special deduction for the sales tax on new cars, SUVs and motorcycles purchased by year's end.

2389, substituted "Small life insurance company deduction" for "Special deductions" in item 806.

Congress may offer special deductions and credits to soften the blow for companies that take a big charge to earnings or lose a competitive advantage.

The Internal Revenue Service offers new penalty relief and expanded installment agreements and special deductions for the self-employed who are paying for medical, dental or long-term care insurance.

Most economists favour finding ways to broaden the tax base – for example, by eliminating special deductions and privileges – in order to keep marginal tax rates low.

Corporations can pay a lower rate by lobbying for special deductions and credits, employing aggressive transfer pricing strategies to shift profits offshore and structuring operations to minimize how much they pay in taxes in the United States.