Tax expenditures definition
Tax expenditures means a transfer of public resources that is achieved by—
Tax expenditures means those revenue losses attributable to provisions of the state tax statutes or rules promulgated pursuant to such statutes, which allow a special exclusion, exemption, or deduction from gross income or sales or which provide a special credit, a preferential rate of tax, or a deferral of tax liability
Tax expenditures means losses of tax revenues that result from Commonwealth tax laws permitting special exclusions, exemptions, deductions, credits, preferential tax rates, or deferred tax liability.
Examples of Tax expenditures in a sentence
PROGRAM GUIDELINES shall mean the TNC Tax Program Guidelines adopted by the TRANSPORTATION AUTHORITY Board in place at the time of the allocation, which updates assumptions about level and availability of TNC Tax revenues and sets policy on TNC Tax expenditures and cost eligibility.
In such event, Tower Operator shall reimburse AWN Collocator for such Tax expenditures within thirty (30) days following receipt of an invoice therefor.
More Definitions of Tax expenditures
Tax expenditures. ' means those revenue losses attributable to provisions of the tax laws which allow a special exclusion, exemption, or deduction from gross income or which provide a special credit, a preferential rate of tax, or a deferral of tax liability; and the term ``tax expenditures budget'' means an enumeration of such tax expenditures.