Sentence examples for expense deductibility from inspiring English sources

He said the rules on tax deductions set by the tax office were "in line with business expense deductibility".

While considering the new thin-capitalization rule stablished by Spanish government in 2012, there appears to be a clear effect on the debt policy of Spanish listed companies due to the new limitation of financing expenses deductibility.

The spouse with the substantial medical expenses calculates deductibility against only his lower AGI when filing separate returns.

They said that despite expense-deduction provisions in the tax code, much of the grant money would still be returned to the government in taxes, and that using the deductibility provisions to minimize taxes on the grants would be complex and burdensome for most small businesses, in contrast to a simple exemption of the grants from taxes.

The Treasury proposes limiting the deductibility of expenses firms incur in America to support foreign operations that have paid no American tax.

Mainly two approaches are used: most thin capitalization rules limit the deductibility of interest expense if the amount of debt exceeds a specific leverage ratio.

Full deductibility of interest expenses.

The limitation on the deductibility of financial expenses has not been defined as a permanent difference.

Furthermore, we assume for the baseline model: Full deductibility of interest expenses.

Thirdly, we take into account the Spanish corporate tax reform in 2012, as an exogenous shock, which enacted a new thin-capitalization rule limiting the tax deductibility of financing expenses.

Table 2 shows that legal rules that restrict the deductibility of interest expenses, but fully tax default gains ((alpha '>beta ')) such as, e.g., the current tax regime in Germany provides an incentive to secure a loan by offering collateral.