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tax deduction

   Also found in: Medical, Legal, Financial, Encyclopedia, Wikipedia 0.01 sec.
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.tax deduction - a reduction in the gross amount on which a tax is calculatedtax deduction - a reduction in the gross amount on which a tax is calculated; reduces taxes by the percentage fixed for the taxpayer's income bracket
tax benefit, tax break - a tax deduction that is granted in order to encourage a particular type of commercial activity
business deduction - tax write-off for expenses of doing business
exemption - a deduction allowed to a taxpayer because of his status (having certain dependents or being blind or being over 65 etc.); "additional exemptions are allowed for each dependent"
write-down, write-off - (accounting) reduction in the book value of an asset


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Sources also told that to ensure tax deduction from salaried segments data of tax payers would be collected from accountant general and data of civil and military tax payers would be collected from provincial accountant general.
Sources also told that to ensure tax deduction from salaried segments data of tax payers would be collected from accountant general and data of civil and military tax payers would be collected from provincial accountant general.
The child care tax deduction is of vital importance to look at for couples with children 12 (twelve) and under This vital tax deduction can realistically be the saving grace many destitute parents are looking for The child care tax deduction is of vital importance to look at for couples with children 12 (twelve) and under.
 
 
 
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