Definition of 'tax write-off'

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Definitions of 'tax write-off'

1. (noun) tax write-off, tax deduction, deduction
a reduction in the gross amount on which a tax is calculated; reduces taxes by the percentage fixed for the taxpayer's income bracket

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"tax write-off." Definitions.net. STANDS4 LLC, 2008. 4 December. 2008. http://www.definitions.net/definition/tax write-off

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