"offset" in inglés with examples - Collocation dictionary inglés
- Burke also received a 5 percent tax-equalization clause to offset Canadian taxes.
- For example, the company will be able to use past losses to offset taxes.
- The remaining amount can be carried forward 20 years to offset future taxes.
- It gave the city $1.7 million to offset lost taxes and agreed to continue its annual $120,000 United Way contribution for three more years.
- But if the home qualifies as an investment property the losses can be used to offset taxes.
- The new law allows them to "carry back" current losses to offset taxes paid in profitable years.
- It could also be used to raise revenue to offset other taxes.
- The shelter involved using partnerships to create artificial losses that were then used to offset taxes due on legitimate income.
- The credits are booked when banks set aside money for potential losses that can also be used to offset taxes on profits.
- By so doing, the loss could be used to offset taxes on the profitable investment, rather than having to carry the loss forward.
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