Sentence examples for deduction for expenses from inspiring English sources

They named as defendants, respondents here, the Commissioner of the Department of Revenue of Minnesota and several parents who took advantage of the tax deduction for expenses incurred in sending their children to parochial schools.

It will also create an incentive for taxpayers to shift costs from the export division of their business to the import and domestic divisions where they will receive a deduction for expenses incurred.

It also delays several of the policies to ensure effective implementation and improve transitions: the therapeutic discovery credit, elimination of the deduction for expenses allocable to the 11.

Since 2013, taxpayers who faced high medical expenses have only been allowed a deduction for expenses to the extent they exceed 10% of adjusted gross income, up from 7.5% now.

His measure, HR 4310, would prohibit any company from claiming a tax deduction for expenses derived from advertising to children any fast food or food of limited nutritional value.

Stabenow's bill would provide a tax break for an American company that brings overseas jobs back to the United States, while eliminating a tax deduction for expenses incurred when a business moves positions out of the country.

The foundation gets 70 percent of the vehicle's net proceeds after deductions for expenses, or roughly half the sales price.

Mr. Block said that while deductions for expenses attributable to a home office would have no impact when the house is sold, depreciation deductions would.

They met with staff members to ask for changes to the tax code, which prohibits the businesses from taking standard deductions for expenses.

To achieve those goals, the plan offers numerous tax credits and tax deductions for expenses like college, day care and long-term care, and to encourage savings.

Charles paid tax of £5m on his £18m income from the duchy last year, which Clarence House said was at the full 50% rate after deductions for expenses.