Sentence examples for deduction of losses from inspiring English sources

The code prevents the deduction of losses when substantially identical securities are bought within 30 days before or after the shares are sold.

However, in an appendix, it listed a half-dozen examples of other tax rules that limit deduction of losses.

What about changing the law for everyone, to allow the deduction of losses before the net loss is determined?

It prohibits deduction of losses if you either buy back the property you just sold or buy "substantially identical" securities 30 days before or after the trade.

Even then, deductions of losses are usually limited to prevent abuse.

Limiting the deduction of investment losses depresses investment, especially given the steep mortality rate of new ventures.

While the law discourages the deduction of small losses, it's generous for big ones.

The company said the mix-up was a result of a tax deduction for losses on plant closures that was mistakenly claimed twice on its 1998 and 1999 returns.

There's no annual $3,000 limit on this deduction, as there is on the deduction of net capital losses.

The final version of the 1997 legislation left unchanged the rule that generally bars deductions for losses on sales of things that are considered personal assets, such as principal residences.

American and Asian institutions successfully lobbied to preserve local rules that let them count a percentage of future tax deductions for losses as Tier 1 capital.