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Discover LudwigThe word "deductible" is correct and usable in written English
It is used to refer to something that can be subtracted from an amount that is due to reduce the amount of tax or monthly payment. For example, "The deductible on this insurance policy is $500."
Dictionary
deductible
noun
Amount of expenses that must be paid out of pocket before an insurer will pay any expenses.
synonyms
Exact(18)
"Every dollar you donate is guaranteed to be thrown off a building and is tax deductible, what more could you ask for?!," said a statement on MicCheckWallStreet's website.
The fields are being sold under new rules that involve production-sharing contracts rather than concessions, with a new state company determining the deductible costs.Bo behind barsBo Xilai, a former member of China's Politburo and the son of one of China's founding revolutionary leaders, was given a life sentence for corruption.
Merge these plans so that patients pay a single premium and deductible, rising with income.
Interest income is usually taxable, whereas some countries allow mortgage payments to be tax deductible.
Corporate-tax rates also fell, making debt (interest on which is tax deductible) less attractive than it was.
And, unlike an investment by BPI in its own shares, the investment in VESF is not deductible from BPI's core capital.The pact of the matterIn spring 2004, Antonveneta was up for grabs; it was clear that a shareholders' pact, which owned 31% of the bank, would not be renewed in April 2005.
Similar(42)
And in the US, though breast pumps, vasectomies and artificial teeth are sales tax-exempt and tax-deductible medical care, tampons are not even exempted from sales tax in some states (including California and New York, two of the most populous states).
The NRA-ILA donation site requires donors give little more than credit card information, and offers no more context than a link to a fine-print disclosure statement, which in turn mostly tells a donor that their contribution is not tax-deductible as charity, and where the donor can find NRA financial documents in every state.
The tax code encourages expansionism under Spanish law, goodwill acquired during foreign takeovers is tax-deductible.
There can be tax advantages either way: leasing payments and interest costs are both tax-deductible.
It is a general principle around the world that interest payments should be tax-deductible: the tax is paid by the lender, not the borrower.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com