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business deduction vs tax deduction

tax deduction vs business deduction

business deduction and tax deduction both are nouns.

Word NounAdjectiveVerbAdverb
business deduction Yes No No No
tax deduction Yes No No No
As nouns, tax deduction is a hypernym of business deduction; that is, tax deduction is a word with a broader meaning than business deduction:
  • business deduction: tax write-off for expenses of doing business
  • tax deduction: a reduction in the gross amount on which a tax is calculated; reduces taxes by the percentage fixed for the taxpayer's income bracket
Other hypernyms of business deduction include deduction, tax write-off.
business deduction (noun) tax deduction (noun)
tax write-off for expenses of doing business a reduction in the gross amount on which a tax is calculated; reduces taxes by the percentage fixed for the taxpayer's income bracket
Difference between business deduction and tax deduction

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