Sentence examples for maximum tax deduction from inspiring English sources
Because DAFs are housed by public charities, donors receive the maximum tax deduction available at the time of their gift.
As a result, the executives are able to claim the maximum possible tax deduction and escape capital gains taxes.
[C7.] GIFT LOOPHOLE A new study suggests that top executives time stock gifts to claim the maximum possible tax deduction and escape capital gains taxes.
While donators in the U.S. have incentives such as big tax cuts--up to 50% of the donations are tax deductible--the German government has made all efforts to become a "good citizen" almost impossible over the last decades by setting a maximum 10% tax deduction.
In other words, you can time your deductions for maximum tax advantage.
The advantage is that you can make an immediate, irrevocable charitable contribution and get an immediate tax deduction up to the maximum.
The state's Earned Income Tax Credit will rise to 30percentt from 27.5percentt of a filer's federal allowance, and the college tuition tax deduction will be increased to a maximum of $7,500.
Companies benefit from a 60% tax deduction on donations up to 0.5% of annual turnover, while individuals can deduct 66% of their donation to a maximum of 20% of their taxable income.
Not even a tax deduction.
What You Get: A tax deduction.
