Sentence examples for write off capital from inspiring English sources

Small firms are meanwhile likely to be major beneficiaries from the doubling of the annual investment allowance, which lets businesses write off capital expenditure on plant and machinery against their tax bill, to £500,000 until 2015.

Some of the tax breaks are big, including billions in credits for research and development, generous exemptions for banks that operate overseas and several that allow businesses to write off capital investments faster.

Walmart's abuse of the "accelerated depreciation" tax loophole costs US taxpayers another $1 billion per year, meaning the company gets to write off capital investments faster than they're actually used.

So the idea of depreciation was born – writing off capital investments over time.

In that case, he said, they would not get the benefit of low capital gains tax rates or of writing off capital losses.

However, many of these investors would have had the temptation to write off a capital loss in their share portfolios against the capital gain on their buy-to-let properties potentially eliminating their stockmarket losses in the process.

"Total capital spending of the S&P 500 can't continue at a rate less than the rate we write off our capital".

The package is expected to include more than $100 billion in one-time tax rebates for individuals and an opportunity for businesses to rapidly write off their capital investments.

Three years later he played a critical role in shaping the main business provisions in President Ronald Reagan's 1981 tax bill, the establishment of an investment tax credit and a depreciation schedule that stepped up the pace at which companies could write off their capital investments.

Newt Gingrich wants to cut the rate to 12.5percentt and let companies write off all capital investments immediately.

The biggest change made permanent one of the tax cuts used recently for economic stimulus, called bonus depreciation, which allows companies that would normally have to write off new capital investments over many years to get 50percentt of the break right away.