tax deduction

• Somme ou dépense qui peut être soustraite du revenu brut d'une personne physique ou morale afin de réduire le montant total du revenu imposable.

An expense that can be subtracted from a person's or company's gross income to reduce the total amount of income subject to taxation.

1. Tax deductionB2formal

   An expense that can be subtracted from a person's or company's gross income to reduce the amount of income that is subject to tax.

   déduction fiscale

   • You can claim a tax deduction for charitable donations.
   • Mortgage interest is a common tax deduction for homeowners.
   • Business expenses are often eligible as tax deductions.