Similar words: credit, on credit, discredit, accredited, credit card, creditable, credit bureau, credit report. Meaning: n. a direct reduction in tax liability (not dependent on the taxpayer's tax bracket).
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1, Current proposals for a child tax credit would not benefit many children because their families earn too little to owe taxes.
2, Two years ago the state also eliminated the tax credit cap on research and development.
3, They will be able to set off the tax credit against part of this liability.
4, The much vaunted working families tax credit gives ￡207 a week to those with one parent in full-time work.
5, It would provide a $ 500-per-person tax credit for contributions to charitable organizations that care for the poor.
6, Will the tax credit, for example, put the IRS in the position of checking up on student grades?
7, By the year 2000, the targeted tax credit would cost the treasury an estimated $ 383 million.
8, The tax credit which accompanies a dividend matches the basic rate liability but the trustees pay additional rate tax of 10%.
9, The tax credit will be $ 6, 000 for adoptions involving children with special needs.
10, The amount of the investment tax credit is also deducted from the cost of the new equipment.
11, It would not, therefore, retain the tax credit attached to the original income.
12, For his part, President Clinton pushed a per-child tax credit,[http://sentencedict.com/tax credit.html] something he had proposed as a candidate in 1992.
13, He has proposed a new tax credit that reinforces the traditional use of special tax breaks to affect social policy.
14, It should be replaced with a tax credit for shareholders that reflects the tax already paid.
15, In some provinces, production houses get a tax credit of as much as 35 percent for money they spend on labor.
16, Repealing the investment tax credit.
17, Keep in mind that a tax credit, a rebate.
18, Track 7-6-6: Standards, Investment Tax Credit, Production Tax Credit.
19, Learn more about the new home buyer tax credit.
20, Another is a federal tax credit for wind production.
21, If they sell them at any time before that, they must repay the full tax credit on the shares.
22, Firstly, in 1986 there was a reform of Federal Insurance tax; congress dropped tax credit for individual contributions.
23, In an Inland Revenue consultation paper, Mr Brown also signalled a willingness to disregard student loans when calculating tax credit levels.
24, To liberals, it means closing loopholes for the rich and strengthening the earned income tax credit.
25, It criticized Clinton for vetoing the 1996 Republican budget that provided for a $ 500-per-child tax credit.
26, The holding company will then receive the dividend as group income without any tax credit.
27, The legislation required an annual analysis of the fiscal rate of return generated by the tax credit.
28, He also said that the Conservatives would keep the working families tax credit, but would reform it.
29, This poses a conundrum for businesses leaders wanting to take advantage of, for example, the Research and Development tax credit.
30, Also, no one has explained how basing contracts on historical figures allows for the changes in Working Families Tax Credit.
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