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Exact(4)
"The oil companies say they would never take this tax away, but it's absorbed into the price".
Showing how serious tax experts take this, Tax Notes, the leading tax publication, ran a series of articles on the case and private equity in a recent issue.
You can take this tax break every two years, and there's no limit to the number of homes you can apply this new rule to.
Also, the deduction was taken, according to Verizon, because of "changes in cost-based regulation to incentive regulation" -- i.e., the changes in the law that gave the company more 'incentives' and more profits was the reason the company could take this tax deduction.
Similar(53)
To wit: do you take this marriage tax break as your lawfully wedded policy, to have and to hold through scurrilous tabloid revelations?
He also said he believes it is ''hypocritical" for Cisco to take this 'massivee tax break" and at the same time support Proposition 39, which would make it easier to raise property taxes on California homeowners.
"In this case, we take the tax, the revenues on hotels and rental cars that are currently paid for the convention center and allow those to continue to be paid for a new arena," Walker said.
In concluding that "coupled with new fuel economy standards, such a tax could take this country a long way toward reducing carbon emissions," the editorial is recommending two policies that offset one another in their effects on total emissions.
Still, some teams might take the tax hit.
Donate them and take the tax deduction.
Take that, tax man!
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com