Sentence examples for ability to deduct from inspiring English sources

She mentioned some of the many subsidies home buyers get, including the home mortgage interest deduction and the ability to deduct property taxes.

But you also lose the ability to deduct any losses to that point.

The bill would also deny the companies the ability to deduct some intangible drilling and development costs.

The ability to deduct interest payments, for example, leads companies to borrow more money than they need.

The Health Insurance Portability and Accountability Act, passed in 1996, eliminated Wal-Mart's ability to deduct interest on money borrowed to pay for the policies, the suit said.

The Senate also structures its business tax breaks differently and would give businesses the added ability to deduct losses from up to five years ago.

By limiting their ability to automatically deduct dues, the Court is setting up a scenario where public workers may opt out of these dues and yet still benefit from union bargaining and contracts.

Mr. McCain would not change the ability of companies to deduct health benefits as a business expense on their corporate income taxes.

US and European fiscal authorities have considered limiting the ability of companies to deduct interest payments from taxable income, as well as calling for equal treatment of equity and debt.

In particular, the proposal would tighten tax breaks for wealthy taxpayers to bring in an additional $37 billion in revenue in fiscal 2015 and $651 billion over the next 10 years, and limit the ability for corporations to deduct interest expenses for their overseas operations, which would raise $43 billion over a decade.

He is also seeking to postpone until 2007 the ability of state businesses to deduct past losses against current income on their state tax returns.