We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.

For more information visit our privacy policy.

Deduction definition

Deduction means the amount that is treated as deductible from the taxable income under the laws of the payer or investor jurisdiction. The term 'deductible' shall be construed accordingly.
Deduction has the meaning ascribed to such term in the definition of Operating Profit.
Deduction has the meaning set out in Schedule 8 [Payments];

Examples of Deduction in a sentence

  • Student St Ives Trial Staff / Alumni AMA / Medical Salary Deduction Public Student Support Golden Oldies Elite Athlete Standard Off - Peak Free Time Student Special As stated in the Agreement Summary.

  • Deduction by the employer a) If the employer does not deduct the collective insurance amount correction from an employee, he deducts the amounts not deducted on the following pay of the employee; the union may indicate to the employer the number of pays in which to spread out the deductions of the arrears.


More Definitions of Deduction

Deduction means a verifiable amount the individual pays for an expense. Garnishments or liens placed against earned or unearned income of an individual are not considered a deduction, regardless of the reason for the garnishment or lien.
Deduction shall have the meaning ascribed to such term in the definition of Operating Profit. Deductions shall not include (i) payments with respect to items for which Manager has given an indemnity, to the extent of such indemnity, (ii) payments with respect to items for which Manager has agreed to be liable at its own cost and expense herein, (iii) any item specifically stated not to be a Deduction herein, and (iv) any item for which Manager or any Affiliate has agreed to be liable (other than at the cost and expense of Tenant or any Affiliate) under the terms of any Incidental Document or any other agreement between Manager or any Affiliate and Tenant or any Affiliate.
Deduction means a deduction from a Service Payment, calculated in accordance with Schedule 8 [Payments];
Deduction under the Management Agreement. "Landlord Obligations" shall not include any sales, use, gross receipts, occupancy, single business, transaction, privilege, rent, ad valorem or other tax not specifically enumerated herein.
Deduction means an amount subtracted from a payment, before an individual receives the payment, for:
Deduction for any period during the Term means the sum of [*****].
Deduction means a deduction to be made in calculating a Monthly Service Payment, calculated in accordance with Section 3 (Deductions from Monthly Service Payments) of Schedule Part 14 (Payment Mechanism);