The amount of the deduction and the amount of the phaseout depend on the taxpayer's taxable income, the type of business, the amount of W-2 wages paid by the business, and the unadjusted basis
immediately after acquisition (UBIA) of qualified property held by the business.
On an unadjusted basis
, trade surplus decreased to EUR22.7 billion in March from EUR24.6 billion in the same month of last year.
The 20% deduction has limitations, including, in certain cases that it cannot exceed (i) 50% of the W-2 wages paid or (ii) the sum of (a) 25% of the W-2 wages paid plus (b) 2.5% of the unadjusted basis
(immediately after acquisition) of all qualified property.
Dollar Tree also saw a loss of $2.31 billion on an unadjusted basis
The proposed regulations reduced the unadjusted basis
following transactions and potentially limited a taxpayer's pass-through deduction.
For the fourth quarter, we are pacing up 3% on an unadjusted basis
. I am proud of the outstanding team we have built and the terrific work they are doing to capitalize on our abundant scale-driven opportunities." The Company expects to close on the sale of a tower site adjacent to O'Hare Airport in Chicago today and to realize $46 million of gross proceeds.
* The sum of 25% of the W-2 wages with respect to the qualified trade or business, plus 2.5% of the unadjusted basis
immediately after acquisition of all qualified property.
* The sum of 25 percent of the W-2 wages with respect to the qualified business, plus 2.5 percent of the unadjusted basis
, immediately after acquisition, of all qualified property.
2014, after no change (revised from 0.5% gain) Gauge fell 1.7% y/y on an unadjusted basis
after 1.8% y/y drop in Dec.
NRF reported that December retail sales increased 0.4% on a seasonally adjusted basis compared to November and were up 4.6% annually on an unadjusted basis
. Holiday sales, which NRF defines as the months of November and December, saw a 5.5% annual gain to $691.9 billion.
NRF also calculated that February's sales were up 0.8% on an unadjusted basis
from a year earlier.