- 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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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.
April 15, 2013
And 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
April 10, 2013
- (of an expense, loss, etc) legally deductible from income or wealth before tax assessment
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