deductibility
Noun
Meaning
deductibility (countable and uncountable, plural deductibilities)
The ability to be deducted, such as from one's taxes
There is no doubt about the deductibility of these expenses.
Synonyms
Antonyms
Examples
Anyway, the two questions I asked congressman Latham dealt with those two issues - taking away insurance deductibility and the total lack of any consideration by Washington as to what impact a government plan would have on the insurance industry.
However, he added that the impact of previous policy changes, such as additional stamp duty on second homeschanges to tax deductibility of landlord expenses and lending criteria, had dampened demand from buy-to-let investors over the year.
One complication is these blue-state upper-middle-class suburbs are among the most likely losers from the GOP tax plan, which limits the deductibility of mortgage interest and state and local taxes.
The Tax Cuts and Jobs Act (TCJA) made changes to the deductibility of certain meals and entertainment expenses.
The 1986 Tax Reform Act retained the $2000 contribution limit, but restricted the deductibility for households that have pension plan coverage and have moderate to high incomes.
Tax law changes that were enacted in 1987 in the United States changed the tax deductibility of investments in R&D limited partnerships.