Sentence examples for deferral provision from inspiring English sources

He stopped short of calling for repeal of the deferral provision, but business still reacted angrily.

A deferral provision is any provision (other than the passive loss and nonbusiness interest limitations) that disallows a deduction for interest expense for any taxable year and is not a capitalization or disallowance provision.

Such interest expense is taken into account for purposes of applying the passive loss and nonbusiness interest limitations for the taxable year in which such interest expense is allowable under such deferral provision.

(iii Deferral provisions.Interest expense that is not allowable as a deduction for the taxable year in which paid or accrued by reason of a deferral provision (within the meaning of paragraph (m)(7)(iii) of this section) is allocated in the same manner as the debt giving rise to the interest expense is allocated for such taxable year.

However, a deferral provision allows companies to delay tax payment on foreign income until it is repatriated back to the U.S.

We're not surprised by the predictable response of the PACE Coalition, even to what amounts to a watered down deferral provision.

Articles like this are not merely unfair to the Cayman Islands; they also prevent focusing on the true nature of the problem — the tax deferral provisions of United States law.

The Roundtable also wants a U.S. corporate tax structure that 'better promotes the competitiveness of U.S. corporations in the global marketplace', which for it simply means no changes in the tax deferral provisions that have been so rewarding to its multinational members.

The Snake River Potato Growers objected to Clinton's veto of a provision allowing deferral of capital gains taxes from sale of processing facilities to farmers' cooperatives.

To be sure, the U.S. system has an important provision called deferral — American companies don't have to pay taxes on their foreign profits until they bring them back to the U.S.

I really am not convinced there has been a change and overall rates of pay are going up. "If the intention was to discourage short-termism and risk taking, it seems unnecessary as there are already clawback provisions and deferral mechanisms in place".