business expense

An expense incurred to operate and promote a business; esp., an expenditure made to further the business in the taxable year in which the expense is incurred.

• Most business expenses — unlike personal expenses — are tax-deductible. [Cases: Internal Revenue 3314.1–3377.]

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词条贡献者

资深译员维皓，毕业于一所培养高级翻译以及跨文化事务专家的精英大学，专注翻译各种与反垄断诉讼有关的法律文件。