administration expense

administration expense. Tax. A necessary expenditure made by an administrator in managing and distributing an estate. • These expenses are tax-deductible even if not actually incurred by the time the return is filed. [Cases: Executors and Administrators 108. C.J.S. Executors and Administrators § 237.]

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词条贡献者

资深译员Lester，毕业于美国一流的高级翻译学院，专注翻译各种与复杂国际仲裁有关的法律文件。