Tax Break


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Tax Break

1. See: Write off.

2. See: Tax cut.
References in periodicals archive ?
The tax break debates have been viewed by insiders as a political scuffle between the two figures.
As well as a potential tax break of up to PS238 annually, eligible customers can also receive backdated claims of up to PS662 as a lump sum.
The Class L property tax break allows designated landmarks to be taxed at a rate of 10 percent of assessed valuation for the first 10 years, at 15 percent for the 11th year and at 20 percent for the 12th.
Calls have been made from vineyards across the country to introduce similar duty and tax breaks that other makers of alcohol receive, following the rapid growth of the Welsh wine industry over recent years.
House Democrats voted last week to allow only businesses with 10 or more employees to claim the tax break, and only those engaged in agriculture, mining, manufacturing and a half-dozen other industries.
We are looking at the home extensions tax break scheme model."
Congress extends these tax breaks every year or two, usually at the last minute, drawing complaints from business leaders tired of the uncertainty.
The TaxPayers' Alliance's John O'Connell said: "It's ridiculous to hand out tax breaks to councillors without any evidence."
Texas State Auditor John Keel examined the so-called 313 agreement program, named for the relevant chapter of the state tax code, which allows school districts to offer large property tax breaks for select manufacturing, technology and renewable-energy projects, with the state making up the difference.
As ofJanuary 1, more than 50 different tax breaks expired and will likely increase the tax bills of some metalcasting facilities if these provisions are not renewed, including:
These observers were less certain about the prospects for other tax breaks that benefit charity, however.