Tax Deduction

Word TAX DEDUCTION
Character 13
Hyphenation N/A
Pronunciations N/A

Definitions and meanings of "Tax Deduction"

What do we mean by tax deduction?

Here you will find one or more explanations in English for the word tax-deduction. Define tax-deduction, tax-deduction synonyms, tax-deduction pronunciation, tax-deduction translation, English dictionary definition of tax-deduction.

Synonyms and Antonyms for Tax Deduction

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The word "tax-deduction" in example sentences

He will deliver his first full-scale policy address Friday in Detroit, laying out the details of a proposal to create tax-deduction "empowerment zones" to spur hiring in the inner cities. ❋ Neil King Jr. (2011)

Alternatively, you can work with established charities, though those outside the EU won't be accepted by European national tax authorities as legitimate for tax-deduction purposes, Ms. Berridge says. ❋ Andrew Rosenbaum (2011)

This is not a tax-deduction gimmick; I simply believe that I at least deserve to dictate how my earnings are spent, and do not want to see them disappear back into the obscurity of A. I.G.'s or the federal government's budget. ❋ Unknown (2009)

In particular, they suggest that the current $1 million cap on the amount of debt that qualifies for the mortgage interest tax-deduction could be lowered to $300,000, which would direct that tax benefit to people in lower income-tax brackets. ❋ Unknown (2010)

He hastens to add, “This is not a tax-deduction gimmick”. ❋ Bas Bleu (2009)

Fearing a 20% drop in domestic sales this year from 2008, AMDA called on the government to waive a tax on new cars for the rest of the year, raise the tax-deduction ceiling for companies buying new cars, and use state development banks to inject liquidity into the sector. ❋ Unknown (2009)

Wellington also simplified tax-deduction rules for business-related legal expenses and made it harder for small companies to be sued in certain courts. ❋ Unknown (2009)

Newt's political organization GOPAC effectively ran a nonprofit group, the Abraham Lincoln Opportunity Foundation, as a money-laundering scheme for its big donors who wanted to avoid political contribution limits and receive a tax-deduction. ❋ Unknown (2008)

TNC acquired the property, valued at $368,000, under a conservation easement prohibiting industrial development, and then resold the land to the trustee for $252,000, who then made up the remaining cost with a charitable donation to TNC†a $130,000 tax-deduction. ❋ Unknown (2006)

A tax-deduction limit on compensation above $500,000 also will apply. ❋ Unknown (2008)

In the meantime, Congress (unwilling to take away popular tax deductions but facing large, growing deficits) adopted the Tax Equity and Fiscal Responsibility Act in 1982 that, among other provisions, froze or reduced contributions (and their deficit-burdening tax-deduction impact) until the future. ❋ Antoine Van Agtmael (2007)

Thus all that training is work-related and a legitimate tax-deduction for research. ❋ Steve Perry (2007)

However, no one involved indicated which food bank, nor did they acknowledge that preparing pheasant is cumbersome, and that such a donation, if it did occur, was probably more of a public relations ploy or a tax-deduction to justify their killing orgy than community service. ❋ Unknown (2006)

Medical aid schemes have welcomed changes in tax-deduction laws for medical aid contributions announced in the budget on Wednesday. ❋ Unknown (2005)

Student Loan Interest Deduction: Creates a tax-deduction for interest during the first 60 months of student loan repayment. ❋ ITY National Archives (2000)

They were all cronies of Lord Worth, employed solely for tax-deduction purposes; their combined talents would have been incapable of designing a rowboat. ❋ MacLean, Alistair (1977)

While you don't get an upfront tax-deduction, the account grows tax-free, and withdrawals taken during retirement aren't subject to income tax, provided you're at least 59 1/2 and you've held the account for five years or more.

For firms operating at a loss, the tax-deduction, if a loss-carryover credit remains, could be entitled to an additional refund. ❋ Unknown (2010)

No wonder this Administration wants to remove the tax-deduction of charitable giving … they don't believe in it themselves! ❋ Unknown (2009)

Cross Reference for Tax Deduction

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What does tax deduction mean?

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