Gulf Opportunity Zone

Definition

A special bundle of federal income tax credits and deductions authorized by the Gulf Opportunity Zone Act of 2005 in the aftermath of the Hurricane Katrina Disaster. It allows some businesses to file for tax credits and deductions under certain criteria, for example assisting cleanup, demolition and environmental remediation costs. The purpose of the subsidy is to encourage economic recovery and growth throughout the designated region affected by the disaster (certain areas of Alabama, Louisiana and Mississippi).

单词	Gulf Opportunity Zone
释义	Gulf Opportunity Zone Definition A special bundle of federal income tax credits and deductions authorized by the Gulf Opportunity Zone Act of 2005 in the aftermath of the Hurricane Katrina Disaster. It allows some businesses to file for tax credits and deductions under certain criteria, for example assisting cleanup, demolition and environmental remediation costs. The purpose of the subsidy is to encourage economic recovery and growth throughout the designated region affected by the disaster (certain areas of Alabama, Louisiana and Mississippi).
随便看	bilateral advance pricing arrangement (BAPA) bilateral clearing agreement bilateral contract bilateral discharge bilateral investment treaty bilateral mistake bilateral modification bilateral monopoly bilateral netting bilateral rights bilateral tax agreement bilateral trade Bilateral Trade Agreement Bilateral Transport Agreement bill and hold billboard bill discounting billed weight billet billing billing cycle billing lag billings billings in excess of costs billing telephone number (BTN)