Sentence examples for provides for deduction from inspiring English sources

The imminent approval of a new Federal income-tax code that no longer provides for deduction of state and local sales taxes requires that we re-examine the efficacy of these taxes in New York State.

The document also discloses that the contract provides for deductions from contractual payments should targets be missed by the supplier, although the council would not discuss Vangent's service performance.

The Tax Cuts and Jobs Act passed last year left the Self-Employment Tax unchanged (though after the tax is paid it provides for a deduction of 20% of qualified business income for some business that qualify).

The Blueprint provides for an immediate deduction for capital expenditures (other than land) in lieu of depreciation deductions and interest deductions.

It also provides for a 50percentt deduction for small businesses, which will be phased-in over five years.

For those of you who are unfamiliar with 199A, the section provides for a new deduction of up to 20percentt of qualified domestic business income for pass through entities such as sole-proprietorships, partnerships, S-corporations, trusts, or estates.

The explanation provided for the deduction was the exponential dependence of the drift velocity of ionized dopants on the applied current or voltage.

Receipts will be provided for tax deduction purposes.

Ironically, these modeling and certification requirements negatively impact an allowance that provides for transfer of the deduction in the case of property owned by a "Federal, State, or local government or a political subdivision thereof," language intended to lower the cost of energy-efficient buildings for government subdivisions.

"[G]enerally provided for unlimited deductions for gifts and bequests to spouses". (3) The Economic Growth and Tax Relief Reconciliation Act of 2001 ("EGTRRA").

Section 199 of the Internal Revenue Code (or the Domestic Production Activities Deduction) provides a tax deduction for certain U.S. based-companies in the manufacturing industry.