tax loss

British  

noun

1. a loss sustained by a company that can be set against future profits for tax purposes

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Example Sentences

White, the city manager of Oakwood, Ga., where ICE recently purchased two new warehouses, said the total estimated annual tax loss to both his town and Hall County, Ga., totals about $771,000.

From The Wall Street Journal • Mar. 28, 2026

After 31 days, the original stock position with a higher cost basis could be sold to record a tax loss.

From Barron's • Oct. 29, 2025

And it means that the high proportion of stocks underwater for the year likely makes the mutual fund tax loss season carry greater heft going into the October 31 fiscal year end.

From MarketWatch • Oct. 27, 2025

Think about how much tax loss that would cause!

From Seattle Times • Aug. 18, 2023

It attributed the sell-off to "tax loss harvesting," a strategy that involves selling assets at a loss to offset capital gains taxes.

From Reuters • Dec. 23, 2022