However, the supplementary benefit that he was receiving was deductible from the figure awarded as damages.
Expenditure by private persons on education and training is rarely deductible for income-tax purposes.
»deductible expenses
The first provision in the bill calls for immediate and full deductibility of health-insurance premiums for the self-employed.
The increase in the deductible could eat away a worker's entire pay increase for the year.
The company's insurance covers the cost of accidents, minus a $500 deductible, for members of all ages.
- reciprocal tax deductibility
- tax deductibility
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