Allowance deduction definition

Allowance deduction means the withdrawal of allowances for permanent retirement by the Administrator from a NOx Allowance Tracking System account pursuant to Section 38.12 of this regulation.

Examples of Allowance deduction in a sentence

  • The Company failed to properly document claim files: In 18 instances the Company’s file failed to contain all documents, notes and work papers.

  • Standard Utility Allowances Based on the Receipt of Energy Assistance PaymentsStops States from annually issuing extremely low LIHEAP benefits to qualify otherwise ineligible households for Standard Utility Allowances, which result in increased monthly SNAP benefits.Only annual LIHEAP benefits of $10 or more will qualify a household without out-of-pocket utility expenses to receive a Standard Utility Allowance deduction for calculating monthly SNAP food benefits.

  • Allowance deduction means the withdrawal of allowances for permanent retirement by the Administrator from a NOx Allowance Tracking System account pursuant to 310 CMR 7.27(14).

  • This is a much higher minimum than for the LIHTC, but the Capital Cost Allowance deduction and other incentives outlined in Londerville and Steele will make it easier for profit-making developers to build without the help of the credit.

  • Capital Allowance deduction on any building or part thereof which has been funded or gifted from any government source, be it International, Federal, State, Territory, or Local Government, as part of the current or previous contract is unallowable.

  • Allowance deduction = maximum deduction allowed - allowance deduction (from step a).

  • USDA should compile best practices and provide technical assistance to states and localities regarding 1) methodology for calculating the Standard Utility Allowance deduction amount and 2) application questions for identifying households that have high utility costs and legitimately qualify for a higher standard utility deduction.

  • As a result, the large Capital Cost Allowance deduction creates a loss for tax purposes that is carried forward and is forecast to offset the tax expense into the 16th year of the 20-year evaluation period.

  • Allowance deduction means the withdrawal of allowances for permanent retirement by the Administrator from a NOx Allowance Tracking System account pursuant to Section (14) of this rule.

  • B′ locally simulates long-term public key generation and the first i − 1 calls to CHAL.


More Definitions of Allowance deduction

Allowance deduction means the withdrawal of allowances for permanent retirement by the NATS Administrator from a NOx Allowance Tracking System account pursuant to Section 16 of this regulation.
Allowance deduction means the withdrawal by the NATS Administrator of one or more allowances from a NOx Allowance Tracking System general account or compliance account and the recording of such allowances in a retirement account. As prescribed in the procedures at N.J.A.C. 7:27-31.17 and 31.19, allowance deduction events relating to end-of-season reconciliation and penalty deductions may only be made from compliance accounts. As prescribed at N.J.A.C. 7:27-31.10, allowance deduction events relating to voluntary retirement may be made from a compliance account or a general account.

Related to Allowance deduction

  • Allowable Deductions means the following costs, charges, and expenses incurred or accrued by Payor:

  • Agreed Deductions means any deductions the Agency Worker has agreed can be made from their pay;

  • Nonrecourse Deduction shall have the meaning given such term in Regulations Section 1.704-2(b)(1).

  • Nonrecourse Deductions has the meaning set forth in Section 1.704-2(b)(1) of the Regulations.

  • PRE-2017 NET OPERATING LOSS CARRYFORWARD means any net operating loss incurred in a taxable year beginning before January 1, 2017, to the extent such loss was permitted, by a resolution or ordinance of the Municipality that was adopted by the Municipality before January 1, 2016, to be carried forward and utilized to offset income or net profit generated in such Municipality in future taxable years.(B) For the purpose of calculating municipal taxable income, any pre-2017 net operating loss carryforward may be carried forward to any taxable year, including taxable years beginning in 2017 or thereafter, for the number of taxable years provided in the resolution or ordinance or until fully utilized, whichever is earlier.

  • Member Nonrecourse Deduction has the meaning assigned to the term “partner nonrecourse deduction” in Treasury Regulation Section 1.704-2(i)(1).

  • Apportionable income means the gross income of the business taxable under the service classifications of a city's gross receipts tax, including income received from activities outside the city if the income would be taxable under the service classification if received from activities within the city, less any exemptions or deductions available.

  • Allocated Loss Adjustment Expenses or “ALAE” means all court costs and court expenses; pre- and post-judgement interest; fees for service of process; attorneys’ fees; cost of undercover operative and detective services, costs of employing experts; costs for legal transcripts; costs for copies of any public records; costs of depositions and court-reported or recorded statements; costs and expenses of subrogation; and any similar fee, cost or expense reasonably chargeable to the investigation, negotiation, settlement or defense of a loss or a claim or suit against you, or to the protection and perfection of your or our subrogation rights.

  • Member Nonrecourse Deductions has the meaning of “partner nonrecourse deductions” set forth in Treasury Regulations Sections 1.704-2(i)(1) and 1.704-2(i)(2).

  • Tax Deduction means a deduction or withholding for or on account of Tax from a payment under a Finance Document.

  • Sales Costs means all costs, direct and indirect, associated with a foreclosure sale by the City, including but not limited to: county recording fees, title reports or other means of identifying persons with interest in the property, title insurance, service and notification, publication and advertising, posting, sale, and staff salaries, including benefits and overhead.

  • Allowance Date means the date on which a Claim becomes an Allowed Claim.

  • Partner Nonrecourse Deductions means any and all items of loss, deduction or expenditure (including any expenditure described in Section 705(a)(2)(B) of the Code) that, in accordance with the principles of Treasury Regulation Section 1.704-2(i), are attributable to a Partner Nonrecourse Debt.

  • Transaction Deductions means all Tax deductions available to any Group Company, to the extent permitted by applicable Law, as a result of or in connection with the repayment of Indebtedness, the payment of Group Company Transaction Expenses and payments of amounts that would have been Group Company Transaction Expenses but for the fact that they were paid prior to the Closing, and the payment of any fees or other costs and expenses associated with the transactions contemplated by this Agreement, in each case that are economically borne by Seller.

  • Deduction means the amount that is treated as deductible from the taxable income under the laws of the payer or investor jurisdiction. The term 'deductible' shall be construed accordingly.

  • Income Tax Expense means for Borrower and its Subsidiaries, on a consolidated basis for any period, all state and federal income taxes (including without limitation Texas franchise taxes) paid or due to be paid during such period.

  • Proration Month means the month for which capacity is to be allocated under Item 7.

  • FATCA Deduction means a deduction or withholding from a payment under a Finance Document required by FATCA.

  • Final Shared-Loss Recovery Month means the calendar month in which the tenth anniversary of the Commencement Date occurs.

  • Shared-Loss Quarter has the meaning provided in Section 2.1(a)(i) of this Commercial Shared-Loss Agreement.

  • Net Taxable Income has the meaning set forth in Section 4.01(b)(i).

  • Final Shared-Loss Month means the calendar month in which the tenth anniversary of the Commencement Date occurs.

  • UK Tax Deduction means a deduction or withholding for, or on account of, Tax imposed by the United Kingdom from a payment under a Loan Document, other than a FATCA Deduction.

  • Retained Excess Cash Flow Amount means, at any date of determination, an amount, determined on a cumulative basis, that is equal to the aggregate cumulative sum of the Excess Cash Flow that is not required to be applied as a mandatory prepayment under Section 2.11(b)(i) for all Excess Cash Flow Periods ending after the Closing Date and prior to such date; provided that such amount shall not be less than zero for any Excess Cash Flow Period.

  • Net Loss Amount means the sum of Cumulative Loss Amounts under this Single Family Shared-Loss Agreement and Aggregate Net Charge-Offs under the Commercial Shared-Loss Agreement.

  • Allowance means compensation payable to an employee in addition to the regular remuneration payable for the performance of the duties of his position.