tax-deductible
[ taks-di-duhk-tuh-buh l ]
/ ˈtæks dɪˌdʌk tə bəl /
|
adjective
noting an item the value or cost of which is deductible from the gross amount on which a tax is calculated.
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Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019
Examples from the Web for tax-deductible
Right now your company likes to sweeten the pot by paying you in tax-deductible fringe benefits, including corporate junkets.
Our Tax Code is Too Complicated. Here's How to Simplify It.|Megan McArdle|April 15, 2013|DAILY BEASTAnd borrowing actually costs the company something less than that, because the interest is tax-deductible.
"Tax Breaks for Corporate Jets": The Non-Issue at the Heart of the Presidential Agenda|Megan McArdle|April 10, 2013|DAILY BEAST
British Dictionary definitions for tax-deductible
tax-deductible
adjective
(of an expense, loss, etc) legally deductible from income or wealth before tax assessment
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
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