American Jobs Creation Act

(redirected from American Jobs Creation Act of 2004)
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American Jobs Creation Act

United States legislation, passed in 2004, that repealed a subsidy for American exporters and extended tax relief to them (and others) in order to compensate them. It cut taxes for farmers and manufacturers and increased penalties for tax shelters. Proponents argued it would provide an incentive to create American jobs, while opponents contended it only made the tax code more complex.
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American Jobs Creation Act of 2004, 108th Congress, October 7.
in tax expense related to the American Jobs Creation Act of 2004,
subsidies, was within its terms of reference; and (2) that the Panel correctly held that 'to the extent that the United States, by enacting Section 101 of the American Jobs Creation Act of 2004, maintains prohibited F.C.
The American Jobs Creation Act of 2004 included Section 409A, which changed the rules governing non-qualified deferred compensation plans.
Including effects of a tax provision related to $24 million in dividends distributed under the American Jobs Creation Act of 2004, EPS is forecasted to be approximately $0.21.
earnings under the American Jobs Creation Act of 2004 by repatriating US$ 36.6 million.
The American Jobs Creation Act of 2004 authorizes a sales tax deduction option for 2004 and 2005 for clients itemizing deductions, allowing them to choose a federal income tax deduction for either state and local income taxes or sales tax.
These new tax incentives are in addition to several favorable sections in the American Jobs Creation Act of 2004 (Jobs Act) (see Legal Corner, Rural Cooperatives, Jan/Feb 2005, p.
With the American Jobs Creation Act of 2004 (Jobs Act), Congress added a new "above-the-line" (that is, before AGI) deduction for fees, including attorney fees, incurred by plaintiffs who filed "unlawful discrimination" claims.
In October 2004, President Bush signed the Working Families Tax Relief Act of 2004 and the American Jobs Creation Act of 2004. The significant provisions in both acts, as well as changes in state taxation for New York, New Jersey, and Connecticut, will have important implications for tax planning and preparation.
(7) Prior to the American Jobs Creation Act of 2004 (also referred to as the "act" or the "JOBS act"), aircraft purchasers were also eligible for "bonus depreciation." Note, however, that bonus depreciation on noncommercial aircraft generally expired in 2004 (i.e., the relevant aircraft must have been acquired after September 10, 2001, and placed in service before January 1, 2005) except for property acquired pursuant to a written binding contact before January 1, 2005, and placed in service before January 1, 2006.
Last year, the American Jobs Creation Act of 2004 reduced the depreciation period for leasehold improvements from 39 years to 15 years for improvements put into place through the end of 2005.
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