Sentence examples for deduction to the value from inspiring English sources

Give them a tax deduction to the value of their estate for their accumulated contributions.

They can also get a tax deduction equal to the value of the property (less the income interest to be paid), and can avoid the federal capital-gains tax (now a maximum 15percentt rate) as well as capital-gains taxes in many states.

Despite this deduction to shareholder value, the stock remains undervalued.

So the 2006 legislation capped the deduction at the value prevailing when the donor gave away the first fraction or subsequent fractions, whichever was lowest.

Last week, Mr. Boehner said he accepted Mr. Obama's proposal to limit various tax deductions and exemptions to the value now received by people in the 28 percent bracket.

But the same donor later told Mr. Hero that he regretted not donating the stock immediately: it would have brought him a handsome tax deduction, equal to the market value at the time of the gift.

In addition, when you set up the trust, you get a deduction equal to the present value of the projected remainder left for charity.

Typically, the grantor receives an income tax deduction equal to the present value of the remainder interest in the trust up to a certain limit.

Developers who relinquish the development rights to their property by donating it to a government or nonprofit group may qualify for a federal tax deduction that is generally equal to the value of the development that is given up, said Stephen J. Small, a lawyer who specializes in protected-land projects.

Again, you'll want to keep excellent records if you intend to claim a deduction for the value of the donation.

When that is done, the donor gets a tax deduction for the value of the interest donated and can continue to use the property as a co-owner.