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He explained that under current law, an individual who has owned and lived in a home for at least two of the five years preceding the sale of the home is allowed to exclude up to $250,000 in profits from taxes; the exclusion is $500,000 for a married couple.
Generally, Mr. Miller said, an individual taxpayer who sells a co-op unit at a profit is allowed to exclude up to $250,000 of that profit from his or her income, provided that the seller used the apartment as a principal residence for two of the five years preceding the sale.
This happens in the pharmaceutical industry when a company is allowed to exclude competitors for a fixed period of time to recoup its sizable investment in research.
A 4-4 tie ruling would affirm the lower court's decision that Missouri is allowed to exclude the church from the program.
As a result, SPCA is allowed to exclude pollutants not associated with the adverse health outcomes from the mixture of pollutants it returns.
Similar(54)
Should church schools be allowed to exclude local children for failing to attend communion?
Companies that co-operate may be allowed to exclude the salaries of expatriates, who are few but well-paid.
Yanis Varoufakis, the Greek finance minister, sought legal advice on whether the group was allowed to exclude him, and received the extraordinary reply: "The Eurogroup is an informal group.
But insurers will not be allowed to exclude people with pre-existing conditions, or charge more for the sick, or put a lifetime cap on medical costs.
The plaintiffs' lawyers argue that while churches are allowed to exclude nonbelievers in their own activities, the law forbids them to do so in publicly financed programs in which churches effectively become arms of the government.
Just as the Nazis were rightly allowed to march in Skokie, Ill., and just as the organizers of the St . Patricks Day parade in Boston were allowed to exclude marchers carrying gay-pride banners, so the scouts should be allowed to inculcate their values, however much we may disapprove.
More suggestions(17)
is allowed to remove
is allowed to resume
is allowed to enter
is allowed to own
is intended to exclude
is allowed to visit
is allowed to ask
is allowed to tell
is allowed to write
is allowed to defy
is allowed to sense
is allowed to give
is allowed to refuse
is allowed to dominate
is allowed to use
is allowed to bring
is achieved to exclude
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.
Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com