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English definition of “tax-deductible”

tax-deductible

adjective     /ˌtæks.dɪˈdʌk.tɪ.bl̩/ US  /-ə-/
If an amount of money that you spend is tax-deductible, it can be taken away from the total amount of income you must pay tax on.Taxation
(Definition of tax-deductible adjective from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)
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