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tax loss

British

noun

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

"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

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

FedEx’s net income included a tax benefit of $99 million, or 41 cents a share, from certain foreign tax loss carryforwards.

From The Wall Street Journal • Mar. 19, 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

At issue were the criteria for the use of tax loss carryforwards and tax deductions.

From Reuters • Oct. 25, 2022

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023