Sentence examples for creates tax from inspiring English sources
The bill creates tax breaks for health savings accounts.
According to the newspaper, the interest payment then creates tax losses to offset profits elsewhere in the group, and are routed tax-free out of the UK using the "quoted Eurobond exemption" provided for such bonds.
The Pickens bill creates tax incentives — $1 billion a year for five years — to encourage manufacturers to begin building heavy-duty trucks that will be powered by natural gas instead of diesel.
"The corporate tax is one of the pillars of Ireland's economy, because it drives exports and jobs, and creates tax revenues for the government," said Paul Duffy, a vice president at Pfizer in Ireland, one of the biggest multinational employers here.
Some Call It Pork Representative Tammy Baldwin, Democrat of Wisconsin, complained, "Instead of creating jobs, it creates tax cuts for cruise-ship operators, foreign dog-race gamblers, Nascar track owners, whaling tribes, bow-and-arrow makers, Chinese ceiling-fan manufacturers, Oldsmobile dealers, and beer and liquor wholesalers".
That creates tax, trading and bookkeeping issues for taxable individual accounts.
"Anytime there's volatility in the market, it creates tax-loss harvesting opportunities," explained Francis M. Kinniry Jr., a principal in the investment counseling and research department at the Vanguard Group.
The tax system makes moral distinctions already when it does not tax charitable contributions or creates tax-free economic zones to promote economic development, so why not go one step further and have the tax code reflect the fact that not all income is equally socially useful?
"That might create tax problems," he said.
Equipment lease-backs can create tax burdens as well.
"It's going to create tax revenue for the town".
