Definition of 'tax-deductible'
adjective
Collins COBUILD Advanced Learner’s Dictionary. Copyright © HarperCollins Publishers
Word Frequency
tax-deductible in British English
adjective
Collins English Dictionary. Copyright © HarperCollins Publishers
Word Frequency
tax-deductible in American English
(ˈtæksdɪˌdʌktəbəl)
Word Frequency
tax deductible in Accounting
(tæks dɪdʌktɪbəl)
adjective
(Accounting: Tax)
taxIf an expense or loss is tax deductible, it can be paid out of the part of your income on which you do not pay tax, so that
the amount of tax that you pay is reduced.
The interest is tax deductible, so the interest cost is less than the tax-free gain on the house price.
Tax policy has also encouraged employee contributions to pension funds by making
them tax deductible.
If an expense or loss is tax deductible, it can be paid out of the part of your income on which you do not pay tax, so that
the amount of tax that you pay is reduced.
Collins COBUILD Key Words for Accounting. Copyright © HarperCollins Publishers
Examples of 'tax-deductible' in a sentence
tax-deductible
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In other languages
tax-deductible
British English: tax-deductible
ADJECTIVE /ˌtæksdɪˈdʌktəbl/
If an expense is tax-deductible, it can be paid out of the part of your income on which you do not pay tax, so that the amount of tax you pay is reduced.
The cost of private childcare should be made tax-deductible.
- American English: tax-deductible /tæks dɪˈdʌktɪbəl/
- Brazilian Portuguese: dedutível
- Chinese: 可在税前扣除的开销
- European Spanish: desgravable
- French: déductible du revenu imposable
- German: steuerlich absetzbar
- Italian: detraibile dalle imposte
- Japanese: 課税控除される
- Korean: 소득 공제의
- European Portuguese: dedutível
- Latin American Spanish: desgravable
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Definition of tax-deductible from the Collins English Dictionary
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