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tawny owl
tawny pipit
tawse
tax
tax-
tax and price index
tax avoidance
tax break
tax-deductible
tax-deferred
tax disk
tax-efficient
tax-efficient investment
tax evasion
tax-exempt
tax exile
tax-favored asset
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tax-deductible
tax-de·duct·i·ble


adjective 
Definition:
 
reducing tax: used to describe an expenditure that can be deducted from taxable income to lower the amount of tax owed by a person or business
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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