Sentence examples for temporary provisions from inspiring English sources
The Internal Revenue Service is bad at policing tax avoidance by multinationals, and, in practice, temporary provisions are usually extended.
Lord Lloyd recommended reform of the Prevention of Terrorism (Temporary Provisions) Act, emergency provisions created in 1974 for Northern Ireland.
The bill's backers claim that it's paid for by ending various tax shelters and requiring the expiration of many "temporary" provisions.
The Center on Budget and Policy Priorities estimates that extending such temporary provisions would cost nearly $80 billion over 10 years.
It counts how often uncertainty related to policy is mentioned in newspapers, the number of temporary provisions in the tax code and the degree to which forecasts of inflation and federal spending differ from each other.
But it had also considered continuing some temporary provisions — a payroll tax reduction and an expansion of unemployment benefits — given an unemployment rate stuck at 9 percent and anemic economic growth.
Adjustment to stock of S corporations making charitable contributions: This temporary provision made it easier for owners of an S corporation to take deduction for making donations.
"To make provision about terrorism; and to make temporary provision for Northern Ireland about the prosecution and punishment of certain offences, the preservation of peace and the maintenance of order".
Last year Congress extended a temporary provision, first passed in 2007, to lower the 6.8 percent interest rate on newly issued Stafford loans for low-income undergraduate borrowers to 3.4 percent, for one year.
And, like a Roth IRA, qualified distributions are exempt from federal taxes, a formerly temporary provision that was made permanent in 2006 as part of the Pension Protection Act passed by Congress.
(Under a temporary provision due to expire at the end of this year, mortgage insurance payments are deductible. But the deduction begins to phase out when your adjusted gross income exceeds $100,000 and is denied completely above $109,000).
