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This provision allows deductions for "tangible" assets such as property and equipment.
This provision allows you to swap one asset for another and not pay tax on the gain until you finally cash out.
This provision allows member states to introduce legislation which goes further than the EU legal act in protecting human health and the environment, but only if new scientific findings on risks and a new problem specific to the member state advise accordingly.
This provision allows all members to advance in Scouting as far as they wish".
This provision allows the committee to obtain any individual's tax returns from the IRS for the purposes of an investigation.
This provision allows for the dissolution of registered organizations considered to be threats to public peace, welfare or good order.
Similar(48)
Enhanced charitable deduction for donating computer equipment: Still deeper in the weeds, this provision allowed C corporations the opportunity to donate computer equipment to schools and libraries and get a bigger deduction for it.
Enhanced charitable deduction for contribution of food inventory: This provision allowed companies to donate their inventory of "apparently wholesome food" — that's a legal term, really — and take up to twice the deduction they would normally get.
This provision allowed companies to share information with Homeland Security, the IRS, NSA, and other security agencies.
This provision allowed countries with manufacturing capacity to file for a compulsory license for the purpose of export – however this flexibility has only been used once since its implementation.
Section 179 expensing: This popular provision allows small companies to fully expense many investments in just one year, instead of over five years or more.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com