Sentence examples for deductibility to from inspiring English sources

In the Tax Reform Act of 1986 they managed to limit deductibility to mortgages of less than $1 million.

Mr Osborne also wanted to move from unlimited deductibility to an annual cap of 25% of income, up to a maximum of £50,000.

The most widespread class of IDR links the limitation of interest deductibility to the leverage ratio.

Using his figures, were interest-deductibility to end completely, the tax rate could fall to about 15%.On paper, the impact on firms of either approach should be small.

They said that despite expense-deduction provisions in the tax code, much of the grant money would still be returned to the government in taxes, and that using the deductibility provisions to minimize taxes on the grants would be complex and burdensome for most small businesses, in contrast to a simple exemption of the grants from taxes.

If the thesis that interest deductibility drives up property prices were true, we might expect places where there is no such deduction to be characterised by fewer bubbles and less excess.

Patty Murray (D-WA), then Senate Budget Committee Chair, introduced a similar bill (S. 2162) that would use the stricter deductibility limits to pay for expanding the Earned Income Tax Credit.

"That's what the (c)(4 s were doing, but that kind of activity could be just as easily in a (c)(3), but it would have the added advantage of having tax deductibility attached to it".

Some of the biggies are accelerated depreciation, interest deductibility, the ability to pass corporate capital gains over to the individual side of the code (where it gets favorable treatment), and a bunch of international loopholes, like deferral -- the ability to avoid U.S. taxation by holding multinational profits overseas.

In an interview last week, Mr. Wood, who is also the author of "Taxation of Damage Awards and Settlement Payments," said the test for deductibility boils down to whether the payment is a penalty or is meant to be remedial.

And tax deductibility with regard to the purchase of it.