tax exclusion

Since 1993, California entrepreneurs and early-stage investors have enjoyed a partial state income tax exclusion on sales of stock of a "qualified" small business.

自1993年以来，销售“合格”小型企业股票的加州企业主和早期公司投资者一直都在享受州所得税的部分减免。

Second, one could slice$ 14,000 more o&# 172; the taxable value-for each beneficiary, each year-with the federal gift-tax exclusion. That could bring the taxable value of that$ 100,000 share down to$ 71,000.

第二，根据联邦赠予税免税额规定，每位受益人每一年的应税价值可以再砍掉1.4万美元，这样就可以把10万美元份额的应税价值降到7.1万美元。

A home transfer is not advisable for wealth preservation or tax avoidance if the value of the parents' estate is within the limit allowed for exclusion by the Internal Revenue Service or state tax authorities.

如果父母的房产价值是在美国国内税务署（the Internal Revenue Service）或州税务机关允许的免税范围之内，为了财富保值或避税而过户房产是不可取的。

Coming out in favor of cutting the mortgage-interest deduction or the tax exclusion for employer-provided health insurance or the corporate tax break for new machinery is not so easy.

然而赞成削减减免按揭利息或者削减对雇主提供的医疗保险或企业的新机器的所得税减免优惠，是并不容易的。