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.
Total employment increased by roughly 5,200 jobs in July on an
unadjusted basis. However, that level of hiring is expected during July, leaving the seasonally adjusted total employment level roughly even from last month.
NRF also calculated that February's sales were up 0.8% on an
unadjusted basis from a year earlier.
