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But it isn't: it's a tax on all business income, defined as sales minus purchased inputs and dividends — but with no deduction for wages.
A Waitrose spokesperson said: "Every penny raised from the sale of carrier bags will go into a new community and environmental fund – with no deduction for costs.
U.S. Co will be subject to tax in the U.S. on the US$120 income with no deduction for the cost of goods.
The report in this exhibit employs the widely used profit contribution format, in which divisional results reflect sales and expenses traceable to the individual divisions, with no deduction for head office expenses.
The $75 million in punitive damages are fully taxable, with no deduction for the fees to his lawyer.
Allow the deduction for all taxpayers with adjusted gross income up to $300,000, with no deduction available to those with income above that limit.
Similar(52)
They should get their full pension with no deductions.
The only fair way to tax is to tax net wealth, with no deductions, and no corporate taxes.
This can be done by reducing tax rates across the board and adopting a graduated flat tax with no deductions.
But at least his idea was that the alternative system would be something like a pure flat tax with no deductions whatsoever.
Only those with no deductions at all, even for a minor reprimand, are allowed to go on an end-of-term trip.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com