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tax-deductible

[taks-di-duhk-tuh-buh l]
adjective
  1. 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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Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018

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British Dictionary definitions for tax-deductible

tax-deductible

adjective
  1. (of an expense, loss, etc) legally deductible from income or wealth before tax assessment
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Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012