Sentence examples for used to offset future from inspiring English sources

America's tax code allows losses amassed during the meltdown (with some restrictions) to be used to offset future tax bills.

Freddie Mac and Fannie Mae have also inflated their financial positions by relying on deferred-tax assets — credits that the companies have built up over the years that can be used to offset future profits.

Similarly, RS Investments, formerly Robertson Stephens Investment Management, said on its Web site, "Mutual fund investors are provided some relief by the fact that fund losses can be used to offset future capital gains within the fund".

(Losses may, however, be used to offset future MEMC profits).

Since realized losses can offset realized gains–and any excess losses up to $3,000 can be deducted against ordinary income, with any further excess losses carried forward indefinitely this can create an asset that may be used to offset future tax liabilities.

The company also booked a $514.2 million tax valuation allowance that it can use to offset future profits.

Further, Mr. Carroll said, the tax-loss selling has given the technology funds a tax advantage they did not have previously: tax-loss carry forwards that they can use to offset future capital gains.

Those losses could be used to offset any future taxable gains made by the company.

Under the Troubled Asset Relief Program, losses racked up by GM before its government-funded bankruptcy can be used to offset its future tax liabilities.

The deferred assets could have been used to offset taxes on future profits.

The credits could have been used to offset taxes on GM's current or future profits.