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The phrase "allowed basis" is correct and usable in written English.
It can be used in contexts related to finance, taxation, or legal matters, typically referring to a permissible or accepted level of something, such as deductions or valuations.
Example: "The allowed basis for the property will determine the amount of capital gains tax owed upon sale."
Alternatives: "permissible basis" or "accepted basis".
Exact(1)
Subject to certain limitations, if an asset is worth more when someone dies than she paid for it, her estate can apply the $1.3 million /$3million in allowed basis adjustment to the difference.
Similar(59)
Standardisation is a precondition for growth, but it allows basis risk to build.
PCA favors global reconstruction, which means that every element in V is reconstructed through complex cancellations of positive and negative values in W and H. PCA allows basis vectors (principal component, PC) in H to be ranked by importance.
Usually, however, the prophets allowed some basis for hope in that a remnant would be left.
Since this is a purely subjective view, it allows no basis for people to question his decisions.
Germany's Chancellor, Angela Merkel, also warned that the meeting will remain merely "consultative" without new Greek concessions that could allow the "basis of an accord" to be reached.
The action perception method allows the BasIS system to autonomously adapt its performance, based on the evaluation of its own predictions and decisions made over time.
It is meant to delegitimize people and allow no basis for debate.
Those would allow a basis for comparison that might at least have correlated with a decline in cognitive health or psychiatric symptoms with blows to the head.
Since the Utrecht pages also use Rustic capital script, which the Cuthbert Gospel does not, it allows another basis for comparison with further manuscripts in the sequence.
To ensure the adaptability of the method to different shapes we now allow each basis function to "roam" within the imaging medium.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com