Reduced deduction. , in relation to an employee, means a tax deduction the amount of which is fixed at less than the maximum amount, in accordance with the employee's tax code;
Reduced deduction means any deduction to be made from any payment of salary or wages to an employee by an employer to whom any tax code declaration has been delivered by or on behalf of that employee;
Examples of Reduced deduction in a sentence
Therefore, the basis adjustment will be re- covered over the remaining recovery period for the section 704(c) built-in gain under§ 1.704–3(d).(ii) Decreases—(A) Reduced deduction.