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exemption vs tax write-off

tax write-off vs exemption

exemption and tax write-off both are nouns.

Word NounAdjectiveVerbAdverb
exemption Yes No No No
tax write-off Yes No No No
As nouns, tax write-off is a hypernym of exemption; that is, tax write-off is a word with a broader meaning than exemption:
  • exemption: a deduction allowed to a taxpayer because of his status (having certain dependents or being blind or being over 65 etc.)
  • tax write-off: 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 exemption include deduction, tax deduction.
exemption (noun) tax write-off (noun)
an act exempting someone a reduction in the gross amount on which a tax is calculated; reduces taxes by the percentage fixed for the taxpayer's income bracket
a deduction allowed to a taxpayer because of his status (having certain dependents or being blind or being over 65 etc.)
immunity from an obligation or duty
Difference between exemption and tax write-off

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