NOUN | possession | business deduction | tax write-off for expenses of doing business |
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Meaning | tax write-off for expenses of doing business. | |
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Narrower | entertainment deduction | deduction allowed for some (limited) kinds of entertainment for business purposes |
Broader | tax write-off, tax deduction, deduction | A reduction in the gross amount on which a tax is calculated |
Spanish | deducción por negocios |
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