moving expense

An expense incurred in changing one’s residence.

• If incurred for business reasons (as when one’s job requires relocation), most moving expenses are tax-deductible. [Cases: Internal Revenue 3367. C.J.S. Internal Revenue § 205.]

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词条贡献者

双语律师Pablo，国际知名法学院法律专业，擅长翻译涉及高端品牌及消费品领域的法律文件。