Examples of Revenue Foregone in a sentence
Without prejudice to the generality of the foregoing, in considering any revisions to the Budget, regard shall be had to the definitions of Costs, Revenue, Capital Expenditure, Good and Efficient Operator, Disallowable Costs and Revenue Foregone, so as to ensure that the revisions to the Budget are consistent with those definitions.
Such revenue impact of tax incentives was laid before Parliament for the first time during Budget 2006-07 as Annex-12 of the Receipts Budget 2006-07 by way of a statement of Revenue Foregone.
Further, revenue forgone on account of export linked incentives are also included in the final estimation of Revenue Foregone on account of Basic Customs Duty concessions.
Foregone Revenue Foregone revenue is calculated based on actual 2009/10 billing data and beginning from the date of installation of each project.
ACT Government Social Concessions and Subsidies – Revenue Foregone 28 Table B2.