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What does tax write-off mean?

April 26, 2017context examples definition dictionary english learning mean sense synonyms tax tax write-off write-off

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What does tax write-off mean?

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• TAX WRITE-OFF (noun) The noun TAX WRITE-OFF has 1 sense: 1. a reduction in the gross amount on which a tax is calculated; reduces taxes by the percentage fixed for the taxpayer’s income bracket Familiarity information: TAX WRITE-OFF used as a noun is very rare.