tax write-off
- n 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 write-off :
Search Words
News & Articles
- BP's oil spill cleanup and closing tax loops
BP's more than three years of clean-up of the Gulf Coast cost the company millions of dollars, but it also saved them billions of dollars in tax write-offs which in turn hit tax payers.
June 28, 2013 - WAFF 48 News Huntsville