- deduction of expenditure
- утримання видатків
English-Ukrainian law dictionary.
English-Ukrainian law dictionary.
deduction — de·duc·tion n 1: an amount allowed by tax laws to be subtracted from income in order to decrease the amount of income tax due see also internal revenue code in the important laws section compare credit, ex … Law dictionary
Deduction — Any item or expenditure subtracted from gross income to reduce the amount of income subject to tax. Also referred to as allowable deduction . For example, if you make $40,000 and you have a deduction for $1,000, then your taxable income is… … Investment dictionary
Public Policy Limitation on Deduction for Business Expenses — Brief Introduction: Deduction for Business Expenses Section 162(a) of the Internal Revenue Code allows for taxpayers to deduct ordinary and necessary expenses paid or incurred in carrying on a trade or business from their gross income. [26 U.S.C … Wikipedia
tax deduction — noun a reduction in the gross amount on which a tax is calculated; reduces taxes by the percentage fixed for the taxpayer s income bracket • Syn: ↑tax write off, ↑deduction • Hypernyms: ↑write off, ↑write down • Hyponyms: ↑tax benefit, ↑ … Useful english dictionary
deductible expenditure — In the context of income tax, a trader is taxed on his trading profits less any deductible expenditure. This term is not defined by statute but tax legislation excludes the deduction of any disbursements or expenses (not being money wholly and… … Law dictionary
disallowed expenditure — Expenses charged by a company in arriving at its accounting profit before tax which are not allowable as a deduction when calculating its taxable profits on which its corporation tax charge is based. Examples include entertainment expenditure and … Financial and business terms
tax deduction — an expenditure that is deducted from taxable income. * * * … Universalium
List of Statutory Instruments of the United Kingdom, 2008 — This is an incomplete list of Statutory Instruments of the United Kingdom in 2008. NOTOC 1 100* Insolvency Practitioners and Insolvency Services Account (Fees) (Amendment) Order 2008 S.I. 2008/3 * Information as to Provision of Education… … Wikipedia
profits — index earnings, income Burton s Legal Thesaurus. William C. Burton. 2006 profits … Law dictionary
General average/New version — Average in maritime commerce to signify damages orexpenses resulting from the accidents of navigation. Average is either general or particular. General average arises when sacrifices have been made, or expenditures incurred, for the preservation… … Wikipedia
Expense — Expenses redirects here. For the row about members expenses in the UK Parliament which started about May 2009, see United Kingdom Parliamentary expenses scandal. Accountancy Key concepts Accountant · Accounting period ·… … Wikipedia