Meaning Of The Word Tax-deductible
What's the definition of Tax-deductible? Find Tax-deductible meanings, definitions and more at the Real Dictionary online.
Tax-deductible Meaning
| Tax-deductible Definition |
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What's The Definition Of Tax-deductible?
tax deductible in Accounting
adjective: If an expense or loss is tax deductible, it can be paid out of the part of your income on which you do not pay tax, so that the amount of tax that you pay is reduced. tax-deductible adjective: If an expense is tax-deductible, it can be paid out of the part of your income on which you do not pay tax, so that the amount of tax you pay is reduced. tax-deductible in American English that is allowed as a deduction in computing income tax adjective: noting an item the value or cost of which is deductible from the gross amount on which a tax is calculated tax-deductible in British English adjective: (of an expense, loss, etc) legally deductible from income or wealth before tax assessment |
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