Sentence examples for excessive deductions from inspiring English sources

This tax, which affects a tiny fraction of companies, is designed to ensure that firms do not avoid paying taxes by claiming excessive deductions.

The alternative minimum tax, originally designed to stop rich people claiming excessive deductions, will hit millions more Americans over the next few years.

Bush's package does include some efforts to crack down on tax shelters, including tactics that have allowed individuals to get excessive deductions from donating cars to charities and permitted companies to get similarly outsize benefits from donating patents.

Start by thinking about how taxpayers cheat: They either underreport income or claim excessive deductions or credits.

In today's speech, he vowed to "clear out special interest carve outs and excessive deductions". It is not possible to know what that means.

The 40.8% rate will still bother you a lot, but not the politically corrupt details of how you ended up in that bracket (a rate increase disguised as a limit on excessive deductions).

In the vast majority of cases, the result will be an excessive deduction of tax that must be claimed back from HMRC.

A second wave – expected to include measures to tackle excessive interest deductions – is expected in the autumn of 2015.

There is suspicion the $17bn cost blowout for the project is being artificially inflated through excessive interest deductions, debt loading, management fees and transport costs.

That said, he will continue to allow multinational companies to claim an interest deduction against tax exempt income – even though the OECD has indicated that it is looking at rules to prevent base erosion through excessive interest deductions, or to finance the production of exempt or deferred income.

It also found that excessive payroll deductions and unpaid waiting and break time deprived the workers of nearly $1 million in pay.