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tax write-off vs tax benefit

tax benefit vs tax write-off

tax write-off and tax benefit both are nouns.

Word NounAdjectiveVerbAdverb
tax write-off Yes No No No
tax benefit Yes No No No
As nouns, tax benefit is a hyponym of tax write-off; that is, tax benefit is a word with a more specific, narrower meaning than tax write-off:
  • 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
  • tax benefit: a tax deduction that is granted in order to encourage a particular type of commercial activity
Other hyponyms of tax write-off include tax break, business deduction, exemption.
tax write-off (noun) tax benefit (noun)
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 tax deduction that is granted in order to encourage a particular type of commercial activity
Difference between tax write-off and tax benefit

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