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Definition of Tax write-off
1. Noun. A reduction in the gross amount on which a tax is calculated; reduces taxes by the percentage fixed for the taxpayer's income bracket.
Specialized synonyms: Tax Benefit, Tax Break, Business Deduction, Exemption
Generic synonyms: Write-down, Write-off
Lexicographical Neighbors of Tax Write-off
Literary usage of Tax write-off
Below you will find example usage of this term as found in modern and/or classical literature:
1. OECD Economics Glossary: English-French = Glossaire de L'économie de L'OCDE by Oecd (2006)
"... of write-off risque de dépréciation [FIN] Straddle write cession de positions
liées [FIN] tax write-off abattement (déduction) pour amortissement [FIS, ..."
2. The Flat Tax by Robert Ernest Hall, Alvin Rabushka (1995)
"(That assumption makes sense because the firm could buy $ 1 ,000 worth of equipment
with the $810 from our taxpayer plus the tax write-off worth $190 that ..."
3. Taxation And Social Security in Agricultureby Berkeley Hill by Berkeley Hill (2005)
"... Deduction of the capital cost of telephone lines and electricity connections •
B32 tax write-off for horticultural plants • B33 Accelerated depreciation ..."
4. Report of the Railway Accounting Officers by Association of American Railroads, Accounting Division (1888)
"... Utilities Commissioners in May of 1961, just two years ago, said: ". . .
all businesses need a more realistic approach to this tax write-off problem. ..."
5. Technology In The Classroom: Panacea Or Pandora's Box? Hearing Before The edited by Constance A. Morella (1999)
"We find that many donors are interested in the potential tax write-off of the
donation, but most would give the donation regardless. ..."
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