Setup Menus in Admin Panel

Sharing the Knowledge!™

Finance Knowledge and Information

What does tax deduction mean?

SEARCHING
Suggestion/Report Error
tax deduction
Noun


A reduction of taxable income for calculating tax liability, it reducing tax obligation by the same percentage as the applicable tax rate such it increases in amount as the tax payer’s tax bracket increases.

top
© 2015-2024 Pecunica LLC.  All rights reserved.
;