Sentence examples for deduction to avoid from inspiring English sources

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Exact(4)

[C15.] Judge Rules Against Tax Shelter A federal judge ruled that one company's tax shelter was a sham and noted that 85 other large corporations used the same deduction to avoid paying $6 billion in taxes.

Some of these people were viewed as using the charitable deduction to avoid most of their taxes, So some philanthropy began to look like just a cynical tax dodge.

A federal judge in Delaware, in a decision made public yesterday, held that one company's corporate tax shelter was a sham and noted that 85 other large corporations used the same deduction to avoid paying $6 billion in corporate income taxes.

Much of the coverage of the leaked returns has concerned whether Mr. Trump was able to use the net operating loss deduction to avoid paying federal income tax for nearly two decades.

Similar(56)

Ms. Milton drew a comparison to the alternative minimum tax — a tax modified in 1986, supposedly as a way to keep affluent people from using deductions to avoid paying taxes.

Additionally, Mr. Thompson favors abolishing the alternative minimum tax, which was created to make sure that the wealthiest Americans did not use loopholes and deductions to avoid paying their share of taxes.

The judge, Janet Bond Arterton of Federal District Court in New Haven, ruled in a civil action that Long-Term Capital, the huge hedge fund that collapsed in 1998, acted in bad faith for the two years before its meltdown, when it took $106 million in tax deductions to avoid paying $40 million in taxes.

The A.M.T. was designed as a check on wealthy taxpayers using too many loopholes and deductions to avoid paying their fair share of taxes.

Henrich points out that although in the B-Deduction Kant sought to avoid the problems of a subjective deduction, this "does not mean that he neglected the demand for an explanation of the possibility of relating the categories to intuitions".

The tax reprieve postpones for one year only an expansion of the alternative minimum tax, a parallel tax system enacted in 1969 to prevent very wealthy investors from using deductions and tax shelters to avoid paying income tax altogether.

If you don't have a large initial income, you may want to stretch out deductions over several years to avoid a large tax bite as soon as you start making money.

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