tax write-off

• Gasto que una empresa o persona física puede deducir legalmente de su base imponible, reduciendo así el monto del impuesto a pagar. Generalmente se refiere a costos de negocio, inversiones o ciertos gastos personales permitidos.

An expense that a business or individual can legally deduct from their taxable income, reducing the amount of tax owed. It typically refers to costs incurred for business operations, investments, or qualifying personal expenses.

1. Tax deductionB2formal

   An expense that can be subtracted from total income to reduce the amount of income tax owed.

   Deducción fiscal

   • Donating to charity can be a tax write-off.
   • Business owners often use equipment purchases as a tax write-off.
   • He claimed his home office as a tax write-off.