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That section, aimed at drug kingpins, prohibits companies from deducting any expenses if they are "trafficking in controlled substances".
Mr. Breeden and his colleagues might even try to sell Hollinger's assets, giving the Barclays their share of the proceeds after deducting any damages the company could win.
By contrast, Basel III requires 20% of derivative liabilities (without deducting any variation margin posted) to be subject to a 100% RSF factor.
The bill would also bar any governmental unit in Ohio from deducting any part of a worker's paycheck and giving it to the union for political activities unless the worker gave express permission.
Though the financial penalty was intended to motivate the two sides to act, they did not, and the judge, Justice Manuel J. Mendez of State Supreme Court in Manhattan, issued a ruling on Tuesday barring the state's education commissioner from deducting any school aid due the city until the matter is decided in court.
All amounts paid in on shares by expelled or withdrawing members, before their expulsion or withdrawal, will be paid to them in the order of their withdrawal or expulsion, but only as funds become available and only after deducting any amounts due to this credit union.
Similar(49)
The mortgage interest deduction gets smaller: Under the current tax code, taxpayers can deduct any interest they pay on up to $1 million worth of mortgage loans.
Consequently, very few taxpayers could deduct any interest at all.
(Of course, they cannot deduct any related expenses, either).
But you also lose the ability to deduct any losses to that point.
Do not deduct any amount from a payment without our prior written approval.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com