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The company pays for it and deducts the expense under a complicated formula.
But that could leave him with a large expense -- deemed interest expense under the tax law -- that might not be deductible unless he had a lot of other investment income.
When premium options are issued, the amount that a company will have to expense under standards board's new rules will be lower than the cost associated with plain-vanilla options.
Because most employee compensation is a deductible expense under tax laws, Goldman Sachs, which is technically taxed at a top corporate rate of 39 percent, will save about $9 billion in federal income taxes on the bonuses it pays out for 2009, Mr. Willens said.
Sign a five-year lease for an office, at $10,000 a month, and your expense under accounting rules would be well over $10,000 the first month, and gradually decline, even though that was the amount of the check that you wrote every month.
Because long-term care insurance is considered a qualified expense under these plans, all premiums paid for a tax-qualified policy become deductible within certain limits, as long as the account holder is age 65 or above.
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International groups with powerful teams of accountants and lawyers can easily shift profits into tax havens, at the expense of under-resourced tax authorities in poor countries.
This results in greater specificity of diagnosis at the expense of under-diagnosis of HF which would be expected to reduce the power of the analysis.
Are you seeking additional living expenses under a renter's policy?
Others, like the American International Group, Bank of America and Citigroup, are curbing expenses under pressure from the government.
Credit Suisse will continue to pay his considerable legal expenses under terms of his contract.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com