tax-deductible
[taks-di-duhk-tuh-buh l]
- 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
Examples from the Web for tax-deductible
Contemporary Examples
Right now your company likes to sweeten the pot by paying you in tax-deductible fringe benefits, including corporate junkets.
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 AgendaMegan McArdle
April 10, 2013
tax-deductible
- (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
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