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But he said the bank was now reducing its allowance on brokered deposits — under orders from the F.D.I.C., which only in April placed heavy restrictions on Security by issuing a cease-and-desist order.
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That means the entire cost of the equipment will be included in a company's tax allowance in year one, reducing its taxable profits immediately and freeing capital to invest elsewhere.
As California's market gears up, each business must decide whether it is more cost-efficient to reduce its emissions or buy excess allowances from other companies that do not need them.
At the end of 2011, Ford released a tax-valuation allowance that had reduced its effective tax rate in recent years.
He contended that the industry should give up the oil-depletion allowances that greatly reduced its taxes in return for decontrol of oil prices.
Donald Adey, who lives 400 miles from his ward, is the only councillor not to reduce his allowance.
Or we can cure their extravagance by simply reducing their allowance".
For me, it's not much of a problem if the government takes financial measures against us like reducing our allowance.
For me personally, it's not much of a problem if they take financial measures against us – like reducing our allowance.
In a report last month, Busch recommended that the Air Resources Board consider reducing the allowance cap more sharply year by year to eliminate the overhang.
Mr Osborne said reducing the lifetime allowance for pensions tax relief to £1 million will help towards cutting the deficit.
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