Translation of "dégrèvement d'impôt sur le revenu " (French → English) :

deduction from income tax

income tax concession

income tax shield

property tax [ rates | land tax(UNBIS) ]

capital yields tax | capital-gains tax | tax on distributions | tax on income from transferable securities

personal income tax | individual income tax | personal tax | individual tax

corporate income tax | corporate tax | corporation income tax | corporation tax | profits tax | tax on profits

tax relief [ relief from taxes | tax abatement | tax advantage | tax allowance | tax concession | tax credit | tax deduction | tax reduction | Tax incentive(STW) | tax credits(UNBIS) | tax deductions(UNBIS) ]

In May 2015, Belgium notified to the Commission plans to introduce a specific income tax regime for diamond traders to address specific difficulties in the application of the general income tax regime to the sector.

The new specific income tax regime for diamond traders in Belgium (the "Diamond Regime") seeks to address this difficulty by introducing a method to calculate the income tax base of diamond traders that does not require the tax administration to review the valuation of diamonds in the traders' accounts.

According to Belgium's estimates, the wholesale diamond sector is likely to pay at least €50 million more income tax every year, i.e. to pay more than three times the taxes it used to pay under the normal income tax regime.

(ii) the amount of equalization that would be paid to the province in respect of the federal income tax reduction in all the provinces in respect of the Canada Health Transfer and the Canada Social Transfer for the fiscal year, if the method of calculation of fiscal equalization payments as set out in Part I, excluding subsection 4(6) of this Act, as that Part read on May 13, 2004, were to be applied to the value of the income tax reduction in all the provinces in respect of the Canada Health Transfer and the Canada Social Transfer for the fiscal year, except that