单词 | taxable income |
释义 | taxable income Under current law, corporations can deduct charitable contributions only up to 10% of taxable income. Christianity Today (2000) The company's payments of interest are regarded as a cost and are deducted from taxable income. Principles of Corporate Finance (1991) When a company borrows money, it can deduct interest payments from its taxable income. Principles of Corporate Finance (1991) Therefore, it allowed the company to deduct a portion of the original issue discount from taxable income. Principles of Corporate Finance (1991) In addition, there is considerable variations between countries according to what expenditures are deductible in determining taxable income and the amount of deductions. International Finance: The markets and financial management of multinational business. (1983) |
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