spec. Remission of a duty, tax or the like; (in later use) short for tax relief n. at tax, n.1 compounds 2.
| 单词 | θ220025 |
| 释义 | society > trade and finance > fees and taxes > impost, due, or tax > tax > taxation > [noun] > tax allowances and deductions (14) relief1732 spec. Remission of a duty, tax or the like; (in later use) short for tax relief n. at tax, n.1 compounds 2. concession1888 A preferential (esp. tax) rate, allowance, etc. tax relief1916 remission of income tax due on a proportion of earned income; cf. relief, n.2 8. tax deduction1942 an expense that can be deducted from gross income in calculating taxable income. tax credit1946 a sum that can be offset against a tax liability; spec. one that results in a payment to any person whose liability is less than this sum. tax allowance1950 a sum that is to be deducted from gross income in the calculation of taxable income. tax-loss1959 a loss that can be offset against taxable profit earned elsewhere or in a different period; also transferred and attributive. tax break1968 a tax advantage or concession allowed by government. Subcategories:— types of (4) — allowability as (1) — recovery of allowance (1) |
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