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A tax deduction has a primary effect that advances religion if it is provided to offset expenditures which are not restricted to the secular activities of parochial schools.
Similar(59)
Schedule 4A of Income Tax Act, 1967, which allows a company to offset expenditure in forest plantation establishment from revenue derived from other activities.
Higher 'postal rates count in the budget as an offset to expenditures of the Post Office Department.
Although the corporation derived income from ticket sales and from its mail-carrying service, its revenues were not enough to offset its expenditures.
Budget maneuver includes primarily how much states depend on one-time actions to offset recurring expenditures.
CHWs considered the refund insufficient to offset actual expenditures, let alone fulfill their desire to provide for their family, at least in some small way, through their work.
The carrot would be an incentive for landlords to raise standards by allowing them to offset capital expenditure on improvement work against profits on rents.
Maintenance costs have drained the city council's coffers by R42m (£2.4m) a year with very little income to offset that expenditure.
To offset that expenditure, I joined the locals for lunch the next day at the central city market, the Stora Saluhallen, bellying up to the bar at Kagelbaren for baseball-size Swedish meatballs in a rich brown gravy served with the standard boiled potatoes, lingonberry preserves, green salad and a glass of water for a mere 45 kronor (a light beer will set you back a further 29 kronor).
We tend to describe higher gas prices as working like a tax on consumers, but economist Mark Zandi, who also views energy prices as a downside risk, recently wrote: "Worse than a tax, higher oil prices siphon off spending power with no offsetting government expenditures".
It's why the Obama administration talks about offsetting future expenditures with new taxes.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com