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deductible |
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deductible [dɪˈdʌktɪbəl] adj 1. (Mathematics) capable of being deducted 2. (Economics, Accounting & Finance / Accounting & Book-keeping) US and Canadian short for tax-deductible n
(Business / Insurance) Insurance the US and Canadian name for excess [6] deductibility n ThesaurusLegend: Synonyms Related Words Antonyms
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| Previous Tax Clinic items have addressed the deductibility and potentially tax-favored funding mechanisms of tuition and fees as medical expenses for special-needs children (see Goldsberry, Tenney and Luke, "Deductibility of Tuition and Related Fees as Medical Expenses," TTA, November 2002, pp. House on Friday, July 29, 2006, increases the maximum deductibility limit and allows the plans' fiscal health to move forward. Abandon or substantially narrow the Reasonable Expectation of Profit (REOP) test included in draft legislation clarifying the deductibility of interest and other expenses. |
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