Sentences with phrase «company gets a tax deduction»

Because your company gets a tax deduction wehn they make contributions to your 401 (k).

When the supplemental income benefits are paid to the key employee, the company gets a tax deduction.

Not exact matches

And the company gets a deduction for the match, effectively reducing the cost of the match by about 1/3, a typical marginal tax rate.

It's also worth noting that if Ripple somehow knew that the XRP price would fall in the near future (e.g., because of its inability to get XRP listed on digital asset exchanges like Gemini and Coinbase), the company could have decided to maximize its tax deduction by making the charitable contribution ahead of the decline.

By donating money, course materials, personnel, and time, area companies get a public relations boost, as well as tax deductions and recruiting advantages.

«Laura will get a healthy RRSP tax deduction and the extra retirement savings, coupled with Samson's company pension, will go a long way towards giving them the comfortable retirement they crave.»

And if your investment goes bust, which happens more often with private than public companies, the Allowable Business Investment Loss (ABIL) rules may allow you to claim a deduction against your other income and get a tax refund outside a registered account.

And, if you own any non-Canadian dividend paying company outside of a registered account then you can get a tax deduction for the amount that's been withheld.

In order to procure a life insurance policy or a medical insurance policy that can be used for claiming deductions under Section 80 (c) and (d) of the Income Tax Act, 1961, it would be good to get in touch with the agent of an insurance company of repute.