ACCOUNTING,TAXin a company'saccounts, anamountofmoneythat iskeptforfuturetaxpayments:Whattaxprovisiondo we need tomakefortransferringownershipof thecompany?LAW,TAXpartof alawthatrelatestopaymentoftaxeson theactivitiescoveredby thelaw:The Republicanssucceededinaddingto thebill$10 millionworthof business-friendlytaxprovisions.TheSenatenarrowlyfailedtopassasimilartaxprovision.(Definition oftax provisionfrom theCambridge Business English Dictionary? Cambridge University Press)
Examplesoftax provision
tax provisionEarned income, defined in 911 (d) (2), is exempt from the kiddietaxprovision.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.It is also important to remember that the kiddietaxprovisiononly applies to unearned income.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.The central text was ataxprovision; the surrounding passages were explanations and rulings as to the applicability of that particular tax.From theCambridge English CorpusThat particulartaxprovisionhas really spelt salvation to the agricultural industry on its financial side for a great many years.From theHansard archiveExample from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0In our presenttaxprovisionthere is no existing concession for the small cinema as such.From theHansard archiveExample from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0Instead, we are substantially enlarging the degree of selectivity by creating a closer link with incometaxprovision.From theHansard archiveExample from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0If the withholdingtaxprovisiontakes the form of an exchange of information, we can live with that.From theHansard archiveExample from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0He is speaking there about the budget before the polltaxprovision.From theHansard archiveExample from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0The acceptance in lieu oftaxprovisionfor 1985–86 is ￡2 million.From theHansard archiveExample from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0Under the polltaxprovision, those serving in overseas forces and residing in this country and foreign diplomats are excluded from paying the tax.From theHansard archiveExample from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.#https://dictionary.cambridge.org//dictionary/english/tax-provision##
