deduct

The IRS treats cryptocurrencies as property for tax purposes, meaning donors can deduct the fair market value of their crypto donations on their tax returns without being subject to capital gains tax.

The complaint said the nursery “routinely” required employees to work five hours or more without a 30-minute uninterrupted meal break, but that the full lunch break was deducted from their paychecks.

The other attraction for shareholders in water companies, like others, is that the cost of the loan repayments can be deducted from earnings to reduce reported profit and therefore their tax bill.

Inverness have had 15 points deducted as a result of administration, meaning they face potential relegation from League 1.

After deducting royalties and taxes, the proceeds are sent back to the miners, a bittersweet reward for their tireless digging.