
Tax deduction

Translation tax deduction into russian
tax deduction
Someone can claim a tax deduction for charitable donations.
Кто-то может претендовать на налоговый вычет за благотворительные пожертвования.
Definitions
A tax deduction is an expense that can be subtracted from an individual's or business's total taxable income, reducing the amount of income that is subject to taxation. This can lower the overall tax liability and is often used to incentivize certain behaviors or expenses, such as charitable donations or business-related costs.